FG also seek approval for the revised 2020-2022 mid-term expenditure framework (MTEF) which became necessary as a result of the crash in crude oil prices and the cut in the production output.
The IMF wants the CBN to end some of its harshest policies including lifting the forex ban on 41 items.
As the Central Bank of Nigeria (CBN) continues to compel Banks to boost their credit to the real sector of the economy, analysis of data published by the apex bank revealed that the loans increased by N3.46 trillion in 2019 (between January and November, 2019).
Top executives of the banks affected by the CBN's N499 billion deduction have met with the apex to demand a review of the sanctions.
