Nigeria’s Reforms Fuel $6.83 Billion BOP Surplus in 2024



Nigeria has achieved a remarkable turnaround, recording a $6.83 billion balance of payments (BOP) surplus in 2024, a sharp reversal from consecutive deficits posted in the prior two years. This success, attributed to macroeconomic reforms, robust trade gains, and rising diaspora remittances, signals improved external financial health for the West African country. Key drivers include […]

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