Business Hilights

Tracking Nigeria's Headline Business News Online

Federal Government to borrow about N1.6tn for 2019 budget

2019 budget: FG’s plan to borrow N1.6tn may crowd out SMEs’ from banks

Strong indications have emerged revealing that contrary to the target of the Monetary Policy Committee (MPC), who voted to cut MPR from 14 to 13.5 per cent is to improve banks’ capabilities to give credit to Small and Medium Enterprises…