2 h. ago CBN records N38.8bn profit in 2024, recovers from N1.15trn loss

From Adanna Nnamani, Abuja The Central Bank of Nigeria (CBN) has released its 2024 audited financial statements, reporting a profit after tax of N38.8 billion, a significant recovery from the N1.15 trillion loss in 2023. The turnaround was driven by a 225% surge in net unrealised foreign exchange revaluation gains, reaching N11.28 trillion, boosting total […] The post CBN records N38.8bn profit in 2024, recovers from N1.15trn loss appeared first on The Sun Nigeria.

Politics

47 h. ago CBN recovers from loss reports  N38.8 billion profit  in 2024

The CBN reported a profit of N38.8 billion after tax in the full year of 2024 from its N1.15 trillion loss recorded in the 2023 financial yr. read more CBN recovers from loss reports  N38.8 billion profit  in 2024

Economics

9 d. ago Intel reports $0.19 loss per share despite growth in AI, foundry businesses

Intel Corporation reported a net loss of $0.19 per share in the first quarter of 2025, highlighting ongoing challenges in read more Intel reports $0.19 loss per share despite growth in AI, foundry businesses

Politics

1 week ago FG Considers Airports Concessions, Says Many Operating On Losses

The minister for Aviation and Aerospace Development, Festus Keyamo, said that many of the airports in the country are operating at a loss. Speaking against the backdrop of a report that the Ministry granted lengthy concession period for Enugu International Airport, the spokesman of the minister, Tunde Moshood, said many of the airports in Nigeria […]

Politics

3 w. ago CBN: Nigeria’s economy on recovery path as PMI hits 52.3 index points

By Chinwendu Obienyi Nigeria’s economic outlook appears to be on a path of gradual recovery as the Central Bank of Nigeria (CBN) reported a steady improvement in the country’s Purchasing Managers’ Index (PMI), which rose to 52.3 index points in March 2025, up from 51.4 index points recorded in February. The rise signals the third […] The post CBN: Nigeria’s economy on recovery path as PMI hits 52.3 index points appeared first on The Sun Nigeria.

Politics

last month Nigerian Breweries projects positive outlook for 2025 amid N145bn loss

Despite reporting a loss of N145 billion in 2024, Nigerian Breweries Plc has projected a positive economic outlook for 2025, read more Nigerian Breweries projects positive outlook for 2025 amid N145bn loss

Politics