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

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  • 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.

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