FG’s borrowing from local banks jumps 75.6% to N40.38trn

The federal government’s domestic borrowing rose sharply by 75.6 per cent over the past year, climbing to N40.38 trillion in May 2026 from N22.99 trillion recorded in the same period last year. The post FG’s borrowing from local banks jumps 75.6% to N40.38trn appeared first on The Sun Nigeria .

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