KEY POINTS Femi Otedola recounts about how he lost all his money. The crash of oil prices and the drop in the value of the naira in 2008 were terrible …
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naira devaluation
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Nigeria’s state-owned oil company NNPC has assured consumers that it will not increase the price of petrol despite the recent devaluation of the local currency, the naira. The naira plunged …
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Nigeria’s Forex Woes Drive Cadbury to Swap Dollar Loans for Equity