SUPER EAGLES COACH ERIC CHELLE SIGNS WITH NEW SPORTS AGENCY TO REPRESENT HIM HENCEFORTH. (PHOTO).

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 Super eagles coach Eric Chelle has signed for a new sports agency to represent him henceforth.  Eric Chelle, head coach of Nigeria’s Super Eagles, has signed with a new sports agency to represent him going forward.  The move is expected to strengthen his professional management and strategic engagements within the global football space.
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NIGERIA POSTS $6.83BN BALANCE OF PAYMENTS SURPLUS IN 2024 — CBN. (PHOTO)

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 Nigeria Posts $6.83bn Balance of Payments Surplus in 2024 — CBN


The Central Bank of Nigeria (CBN) has announced a $6.83 billion Balance of Payments surplus for 2024, reversing deficits recorded in the previous two years.


In a statement on Wednesday, the apex bank attributed the surplus to macroeconomic reforms, improved trade performance, and stronger investor confidence.


Key highlights include a $13.17 billion trade surplus, a 48.3% surge in gas exports, and $20.93 billion in personal remittances. Portfolio investments more than doubled to $13.35 billion, while foreign reserves rose by $6 billion to $40.19 billion.


Despite a 42.3% drop in FDI, the CBN said the overall outlook remains strong, citing improved data accuracy and the success of FX market reforms.

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