Nigeria ends using Central Bank to fund ballooning deficit, boost market borrowing

Arab-Africa summit to boost trade relations – Edun

Wale Edun, Minister of Finance and Coordinating Minister of the Economy

Nigeria, which has borrowed at least $33 billion from its central bank, will stop using the widely criticized practice to fund its budget deficit, Finance Minister Wale Edun said. “We are bringing order to government borrowing,” Edun told reporters during the signing of the 2024 budget in Abu

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