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Nairametrics
Home Opinions Blurb

Chart: CBN Overdraft To Govt. Since Buhari Became President

Nairametrics by Nairametrics
December 5, 2016
in Blurb
Nigerian Immigration Service NIS jobs, National Information Technology Development Agency, NITDA begins investigation of Banks and NIS over data breach

Central Bank HQ

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As the controversy over the CBN’s loan to Buhari’s government continues to dominate social media, our team of analysts dug into the CBN’s data archive to determine just how much has been borrowed since 2015.

Data shows, the former CBN Governor and Emir of Kano was spot on and perhaps even ahead of our data considering that he had September and October data. Ours stopped in August. Here is further proof below;

NB: by the way, the overdraft averaged N200 million in 2014, N100 million in 2013 and was not used between 2010 and 2012.

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Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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