The Debt Management Office (DMO) says it raised N1.495 trillion from the federal government of Nigeria (FGN) bonds at its monthly auction of February 2024. On February 15, the debt
Tag "FG borrowing"
The Senate has amended the Central Bank of Nigeria (CBN) act — increasing the “ways and means borrowing” threshold for the federal government. During an emergency session held on Saturday,
The federal government has proposed to borrow over N11 trillion to finance the proposed 2023 budget deficit, a development far above the stipulated threshold in the Fiscal Responsibility Act. Zainab
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