Business

Bank loans to government rise to N16.32trillion

today05/11/2022 2

Background
share close

The Central Bank of Nigeria, CBN has said the total net credit by the Nigerian banking sector to the government rose by N2.2trillion in the first quarter ended March 2022 to N16.32trillion.

According to CBN, the net credit to the government rose from N14.12trillion as of the end of January 2022 to N14.72trillion as of the end of February 2022.

It added that the figure showed that there was an increase from the first quarter figure of 2021.

Written by: bossgmsi

Rate it

Previous post

Entertainment News

Saraki welcomes Banky W to PDP

Nigerian Music Star, Olubankole Wellington popularly known as Banky W has officially joined the Peoples’ Democratic Party, PDP. Banky W was officially welcomed into the Party by former Senate President and Presidential Aspirant, Bukola Saraki on Tuesday. According to Bank W, he joined the Party to pursue the seat of Eti-Osa Federal Constituency of Lagos State in the House of Representatives in 2023 election The Singer who dumped the Modern […]

today05/11/2022 2

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

0%
Our customer support team is here to answer your questions.
error: Alert: Content is protected !!