Operators in the nation’s manufacturing sector’s combined debt to Nigerian banks rose to N4.19tn in January 2022.
This implies that banks’ credit to the sector increased by 32.79 per cent in the one-year period from N3.16tn as of January 2021 to N4.19tn as of January this year.
FG plans to spend more on debt servicing, capital expenditures
The Federal Government has outlined plans to allocate a significant portion of its budget to debt servicing over the next...
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