... N9.4trn FX revaluation loss wipes out operating gains
... Liquidity management costs N3trn
The Central Bank of Nigeria (CBN) has slashed its Ways and Means advances to the federal government by 59 percent, a move that signals a shift towards fiscal and monetary discipline.
‘Ways and Means Advances’ is a type of emergency loan which the central bank gives to the federal government when its revenues fall short.
According to the CBN’s 2024 financial statement released weekend, by
