Central Bank of Nigeria (CBN) Returns to Profit with N38.8bn in 2024 After Historic Loss, as Revaluation Gains Drive Recovery

The Central Bank of Nigeria (CBN) has published its audited financial statements for the year ended 31 December 2024, showing a dramatic turnaround from the N1.55 trillion loss in 2023 to a profit after tax of N38.8 billion. The rebound reflects a shift in the bank’s fortunes amid persistent economic turbulence, foreign exchange volatility, and [...]The post Central Bank of Nigeria (CBN) Returns to Profit with N38.8bn in 2024 After Historic Loss, as Revaluation Gains Drive Recovery appeared first on Tekedia.

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