BusinessDay
Nigeria's leading finance and market intelligence news report.

Finance Minister insists Nigeria will Shun Central-Bank Lending Amid Budget Squeeze

The Nigerian federal and state governments need to cut back spending to deal with a drop in revenues instead of depending on the central bank for financing, Finance Minister Zainab Ahmed said on Monday. Ahmed denied claims by a state governor that the central bank printed money to make up a 50 billion naira ($122…

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