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Finally, CBN abolishes official rate for embattled naira

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The Central Bank of Nigeria (CBN) Wednesday announced that it will allow the naira exchange rate to be market-driven, setting the stage for a...

South African clothing company, Truworths, exits Nigeria over rising cost, tough...

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Truworths International Ltd, South Africa’s largest publicly traded clothing chain, closed its two remaining Nigerian stores last month as stringent regulation of stock imports,...

Oshiomhole, Rewane, others to speak on devaluation at TheCable Colloquium

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In line with its mandate “to deliver knowledge-driven journalism in the pursuit of Nigeria’s progress”, TheCable newspaper will host a policy dialogue on the...