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Tag: Net Foreign Assets (NFA)

Economy Loses N900bn Credit, Private Sector Stagnates At N30trn

Economy Loses N900bn Credit, Private Sector Stagnates At N30trn       Credit to the economy fell by N900 billion or 2.27 percent in August driven by slump in credit to the government during the month. The Central Bank of Nigeria (CBN) disclosed this in its Depository Corporation...