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CBN cautions states against short-term borrowing spree
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The Podium Media
The Podium MediaCBN cautions states against short-term borrowing spree
The Central Bank of Nigeria (CBN) has urged state governments to reduce their dependence on short-term borrowing and overdrafts, warning that unchecked fiscal behaviour at the sub-national level could undermine Nigeria’s transition to an inflation-targeting monetary framework. The post CBN cautions states against short-term borrowing spree appeared first on Nairametrics.
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