Federal Government Pays N405billion Interest on CBN Loans

08/03/2022 24

The Federal Government has said it paid an interest of N405.93billion from January 2022 to April 2022 on the loans it got from the Central Bank of Nigeria through the Ways and Means Advances.

This is according to data obtained from the government’s Medium-Term Expenditure Framework and Fiscal Strategy Paper 2023-2025.

Written by: Helen Obih

Rate it

World

Russia Accuses US of Involvement in Ukraine War

Russia has accused the United States of direct involvement in the Ukraine war. A statement issued by Russia’s Defence Ministry, disclosed that Washington was directly involved in the war despite repeated assertions that it was limiting its role in the conflict. Meanwhile, Ukraine’s Deputy Head of Military Intelligence, Vadym Skibitsky noted that there was consultation between US and Ukrainian intelligence Officials before attacks but added that the US Officials were […]

08/03/2022 16