Elisha Bala-Gbogbo
Sub-Sahara Africa Correspondent at Reuters
Journalist @Reuters. Previously @Bloomberg. Inbox open. Music lover. Arsenal, basketball & @F1. Opinions are mine, and mine alone.
Articles
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1 week ago |
marketscreener.com | Elisha Bala-Gbogbo
ABUJA (Reuters) - Nigeria's headline consumer inflation edged up to 24.23% year-on-year in March from 23.18% in February, its statistics agency said on Tuesday. A report by the National Bureau of Statistics showed price rises for food and non-alcoholic beverages were the biggest contributor to annual inflation.
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2 weeks ago |
in.marketscreener.com | Elisha Bala-Gbogbo
ABUJA (Reuters) - Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade performance, and renewed investor confidence in the economy, the Central Bank of Nigeria said on Monday. The balance of payment surplus compares with deficits of $3.34 billion in 2023 and $3.32 billion in 2022, the CBN reported in a statement.
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2 weeks ago |
uk.marketscreener.com | Elisha Bala-Gbogbo |Camillus Eboh
ABUJA (Reuters) -Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade performance and renewed investor confidence in the economy, the Central Bank of Nigeria said on Monday. Since coming into office in 2023, President Bola Tinubu has ended costly petrol and electricity subsidies and twice devalued the naira currency to boost Nigeria's decade-long sluggish output.
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3 weeks ago |
kfgo.com | Elisha Bala-Gbogbo
By Elisha Bala-GbogboABUJA (Reuters) – Nigeria’s net foreign exchange reserves stood at $23.11 billion at the end of 2024, their highest level in three years, the Central Bank of Nigeria said, signalling a major improvement in the country’s external financial position. The NFER, which adjusts gross reserves to account for near-term liabilities such as currency swaps and forward contracts, stood at just $3.99 billion at the end of 2023, the CBN said in a statement late on Tuesday.
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3 weeks ago |
kelo.com | Elisha Bala-Gbogbo
By Elisha Bala-GbogboABUJA (Reuters) – Nigeria’s net foreign exchange reserves stood at $23.11 billion at the end of 2024, their highest level in three years, the Central Bank of Nigeria said, signalling a major improvement in the country’s external financial position. The NFER, which adjusts gross reserves to account for near-term liabilities such as currency swaps and forward contracts, stood at just $3.99 billion at the end of 2023, the CBN said in a statement late on Tuesday.
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US tariff hammer drops today, including 104% on China that triggered Beijing's 84% counter-strike. EU counter-tariffs loading. Markets routed. Oil plummets to $58 as the self-inflicted trade war explodes. This is the new world order, a bleak and dangerous dawn of what is to come
The US and China, who between them account for around half of global GDP, are effectively imposing a trade embargo on each other with this trade war. As Africans say, when two elephants rumble, the grass suffers
Take a bow MLS. The kid was impeccable tonight
Myles Lewis-Skelly vs. Real Madrid: 100% tackles won 100% dribbles completed 95% pass accuracy 4 duels won 2 key passes 1 clean sheet 1 assist He made his senior debut for Arsenal in September 😳 https://t.co/k0Pa5CKh1H
