After eight years CBN finally publishes financial statements, says it owes JP Morgan, Goldman Sachs $7.5bn

After defaulting for several years, the Central Bank of Nigeria (CBN) has released the Consolidated Financial Statements for seven years, the first time it will do so since 2015.

he Consolidated Financial Statements, which were released by the CBN on its website, are for 2016, 2017, 2018, 2019, 2020, 2021 and 2022 financial periods.

The apex bank also declared a profit after tax of N103.8bn in 2022, up from N75.13bn reported a year earlier.