Total amount borrowed by private sector players increased by 4% in 12 months, according to details obtained from the Central Bank of Nigeria’s ,CBN, latest report. At the same time, the government has scaled back borrowing.
Revenue Mobilization Allocation and Fiscal Commission ,RMAFC, has commenced the comprehensive review of revenue allocation formula, aiming to align it with the country’s current socio-economic realities.
American government has described Nigeria’s recent arrest of suspected terrorist leaders linked to Ansaru terrorist group as a laudable achievement.
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