CBN cuts Ways & Means by 59% in boost for reforms

Nigeria’s current account surplus narrows as Dangote Refinery reshapes trade flows

... N9.4trn FX revaluation loss wipes out operating gains ... Liquidity management costs N3trn The Central Bank of Nigeria (CBN) has slashed its Ways and Means advances to the federal government by 59 percent, a move that signals a shift towards fiscal and monetary discipline. ‘Ways and M

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