Analysts react as CBN retains 5% cap on Ways and Means advances

Analysts react as CBN retains 5% cap on Ways and Means advances

Nationaldailyng | 18-09-2024 08:42pm |

The Central Bank of Nigeria (CBN) has released new guidelines confirming that Ways and Means Advances to the federal government will continue to operate within the 5 per cent threshold of the previous year’s actual revenue, a decision aimed at maintaining fiscal discipline while addressing liquidity challenges. The announcement, which has sparked discussions [...]The post Analysts react as CBN retains 5% cap on Ways and Means advances appeared first on National Daily Newspaper.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.