CBN Announces $6.83 Billion Surplus For 2024 Financial Year

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The Central Bank of Nigeria (@cenbank ) has announced a Balance of Payments (BOP)

surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from deficits of $3.34 billion in 2023 and $3.32 billion in 2022. This improvement reflects the impact of wide-ranging macroeconomic reforms, stronger trade performance, and renewed investor confidence in Nigeria’s economy.