CBN pushes states to cut reliance on overdrafts

AI Summary

The Central Bank of Nigeria (CBN) has urged state governments to reduce their dependence on overdrafts, advocating for improved fiscal discipline to help transition Nigeria towards an inflation-targeting framework. This recommendation is part of broader economic reforms for fiscal stability.

The CBN urges state governments to reduce overdraft reliance and improve fiscal discipline to support Nigeria’s transition to an inflation-targeting framew Read More: https://punchng.com/cbn-pushes-states-to-cut-reliance-on-overdrafts/