Treasury

FG borrowed N3.2trn through treasury bills in 2020

FG borrowed N3.2trn through treasury bills in 2020

By Babajide Komolafe *Pays N253bn interest in 9mths The Federal Government borrowed N3.2 trillion from the investing public through treasury bills, TBs, in 2020, while it  paid N253 billion as interest on TB borrowings from January to September 2020. This represents marginal increase of 1.9 percent, year-on-year, y/y,  when compared with the N3.13 trillion borrowed […]