CBN Grows Operating Income to N15.23 Trillion, Assets Hit N117.60 Trillion in 2024 Records N38.8bn profit, recovers from N1.15tn loss in 2023 Court refuses to stop apex bank E-naira trademark usage James Emejo and Alex Enumah in Abuja
The Central Bank of Nigeria (CBN)
recorded significant growth in its operating income in 2024, as it climbed to N15.23 trillion in 2024, from N5.89 trillion in the preceding year.
Likewise, the banking sector posted significant growth in its total operating income for its subsidiaries as it rose by 41.3 per cent to N15.1 trillion in 2024,
from N5.91 trillion in 2023. Also, the group posted a profit after tax (PAT) of N38.8 billion, indicating a recovery from N1.15 trillion loss
in 2023. These were disclosed in the apex bank's consolidated and separate financial statements for the year ended
December 2024, which also revealed that the CBN Group's year-on-year Continued on page 5
Stop Labelling Tinubu’s Administration Yoruba Govt, Afenifere Warns...
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Trump Ends Chinese Tariff Loophole, Raising Cost of Online Goods...
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Otti: I’ve No Reason to Dump Labour Party, Everybody Mustn't Be in APC
Says his predecessor left Abia in tatters Declares no plan to probe Ikpeazu, but ex-governor has to refund N10bn he got for airport project Insists he hasn’t borrowed since assumption of office, reduced state’s debt to N66bn Chuks Okocha in Abuja, Emmanuel Ugwu-Nwogo in Umuahia and Sunday Ehigiator in Lagos
Abia State Governor, Mr. Alex Otti has foreclosed the possibility of defecting
to the ruling All Progressives Congress (APC), saying the situation of things in the Labour Party (LP) doesn't
warrant such a move. However, after an emergency National Executive Committee
(NEC) meeting in Abuja yesterday, the LP faction loyal to Julius Abure, announced the setting up of a
disciplinary committee to try Otti and Continued on page 5
Tinubu in Katsina, Charges Security Agencies to Root Out Insurgency, Foreign Collaborators Declares hunger, poverty, threats to peace Says every territory in Nigeria must be reclaimed Promises to support security agencies with advanced weapons, improved welfare Vows to complete Kano-Jigawa-Katsina-Maradi railway project in 2026
Deji Elumoye in Abuja and Francis Sardauna in Katsina President Bola Tinubu yesterday, in Katsina, urged Nigerian security agencies to eliminate terrorists and their foreign collaborators to end the prevailing security challenges bedeviling the country. He gave the charge while addressing military and other security personnel at the Umaru Musa Yar'adua International Airport. The President, who is in the State on a two-day working visit, directed the men and women in uniform to eliminate all terrorists and their foreign collaborators who have been terrorising the North-west and other regions of the country without delay. He explained that Nigeria, under his leadership, would not bow to the treachery of the terrorists and their foreign collaborators, but would work assiduously to eliminate the nation’s Continued on page 5
PRESIDENT TINUBU ON WORKING VISIT IN KATSINA...
L-R: Katsina State Governor, Malam Dikko Radda; President Bola Ahmed Tinubu; Kaduna State Governor, Senator Uba Sani; Kwara State Governor Abdulrahman Abdulrazaq, and others during the inauguration of the 24 kilometre Eastern Bypass, in Katsina State…yesterday
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