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Why we ignored calls for naira devaluation, by CBN

ABUJA—The Central Bank of Nigeria, CBN, yesterday, disclosed that it refused to further devalue the Naira because it would not have had direct impact on the country’s exports as a mono-economy.

Cautious optimism greets Kachikwu’s double role

The announcement of Dr. Ibe Kachikwu, as Minister of State for Petroleum Resources did not come as a surprise to many. But what came as a shock, was his announcement on resuming office that he will also be retaining his job as the Group Managing Director, Nigerian National Petroleum Corporation, NNPC.

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