By Babajide Komolafe, Economy Editor The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround…
The Central Bank of Nigeria (CBN) has disowned a circular claiming the introduction of two new denominations—N5,000 and N10,000 notes. The bank described the circular as “fake” in a statement…
This marks a reversal from the 5.55% growth recorded in the third quarter of 2024 (Q3 2024). The Nigerian electricity sector slowed in the fourth quarter of 2024 (Q4 2024),…