Search

Nigeria’s Current Account Surplus Nearly Triples to $17.22 Billion in 2024

Subscriber only Subscriber only
Breaking News
© Allen Dreyfus
  • Gas and non-oil exports rise, petroleum imports fall by 23.2%
  • Balance of payments swings to $6.83b surplus from 2023 deficit

Lagos, Nigeria – Nigeria’s current account surplus surged to $17.22 billion in 2024, nearly triple the $6.42 billion recorded the previous year, according to a statement published Wednesday by the Central Bank of Nigeria. The figure marks a sharp rebound from $3.48 billion in 2022.

You need an active subscription to continue reading this article.

Recent Business

Africa map @ Unsplash
Is Africa’s $1.8 trillion debt crisis choking its resource future?
Read More »
A typical African house. Photo by Kristin Wilson @ Unsplash
West Africa mortgage fund posts robust H1 earnings
Read More »
Mining site @ Pexels
Zambia seeks $11.6bn energy push to power mining boom
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is East Africa’s opposition under siege?
Read More »
Dr Mahamudu Bawumia, former vice president is a frontrunner in the opposition NPP flag bearer race. Photo: Courtesy Campaign Office of Bawumia/Facebook
Ghana’s opposition NPP flagbearer race risks ethnic split
Read More »
Ivory Coast supporters of a political party on the street. Photo by Yanick Folly @ Unsplash
Ivory Coast opposition boycott raises election risks for investors
Read More »

Latest Posts

Latest news insights