Central Bank of Nigeria's 5% Borrowing Limit: Implications for the Economy

Central Bank of Nigeria's 5% Borrowing Limit: Implications for the Economy

Nigeria’s economic landscape is undergoing significant changes as the Central Bank of Nigeria (CBN) tightens its control over government borrowing through the Ways and Means provision. This policy aims to curb inflation and foster economic stability, but it may have far-reaching consequences for public spending, business operations, and the…

source