NIGERIA POSTS $6.83 BILLION BALANCE OF PAYMENTS SURPLUS IN 2024, SIGNALING ECONOMIC RESURGENCE AND VALIDATING RENEWED HOPE AGENDA. (PHOTOS). #PRESS RELEASE

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 Nigeria Posts $6.83 Billion Balance of Payments Surplus in 2024, Signaling Economic Resurgence and validating Renewed Hope Agenda  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 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. Stronger Trade and External Account Performance The current and capital account recorded a surplus of $17.22 billion in 2024, underpinned by a goods trade surplus of $13.17 billion. Petroleum imports declined by 23.2% to $14.06 billion, while non-oil imports fell by 12.6% to $25.74 billion. On the export side, gas exports rose by 48.3% to $8.66 billion, and non-oil exports increased by 24.6% to $7.46 billion. Remittance inflows remained resilient, with personal remittanc...
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MY FROG PENDANT WAS INSPIRED BY SOCIAL MEDIA TROLLS, SAYS DAVIDO. (PHOTO).

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My frog pendant was inspired by social media trolls, says Davido

Grammy-nominated Afrobeats singer, David Adeleke, popularly known as Davido, has shared that trolling on X (formerly Twitter) motivated him to acquire a multi-million-naira frog pendant from Ice Box.
Davido, in a recent interview with GQ, said he made a frog pendant to get back at social media trolls.
He explained that because of his hoarse voice, trolls were calling him “frog” on X and he decided to make something out of it.
Davido said: “I made a frog pendant because my voice is hoarse and they (trolls) were calling me frog on Twitter. I was like, you know what? I’m going to make a chain out of that sh*t.”

 

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