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Bank Loans To Govt Increase By 23% In Nine Months, Now N2.1trn

Bank Loans To Govt Increase By 23% In Nine Months, Now N2.1trn   Bank loans to government have risen by 22.59 per cent, hitting N2.17tn as of the end of September 2021 from N1.77tn recorded in December 2020. This represents a N400bn increase within the nine-month period. This...

FG Spent N2.1trn On Debt Servicing In 2019

FG Spent N2.1trn On Debt Servicing In 2019   The Federal Government spent a total sum of N2.1trn to service the country’s debt obligations to local and foreign debtors between January and December 2019, statistics obtained from the Accountant-General of the Federation have revealed. The amount is...