States, LGs’ Bank debts hit ₦4trn as CBN lending rises – CBN data

Sub-national debts owed by Nigerian states and local governments stood at ₦4.09 trillion as of December 2024, according to fresh data from the Central Bank of Nigeria’s quarterly statistical bulletin. This marks a modest decrease of ₦112 billion or 2.7 percent compared to the ₦4.20 trillion recorded at the end of 2023, signalling a slight [...]

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