web hit counter CBN ignores NASS maintains 5% Ways And Means advance limit – See The Stars

CBN ignores NASS maintains 5% Ways And Means advance limit

The Central Bank of Nigeria (CBN) is set to maintain its existing five per cent Ways and Means Advances limit to the Federal Government, despite a bill passed by the National Assembly to raise the maximum borrowing percentage in the Act to 10 per cent. The CBN document released on Tuesday on its website tagged “Monetary, Credit, …

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