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Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Central Bank of Nigeria, CBN, has cleared the $7 billion foreign exchange (FX) backlog inherited by Governor Yemi Cardoso. This move fulfills a key pledge on his appointment and signifies a significant step towards restoring confidence in the economy. In a statement on Wednesday, CBN’s Acting Director of Corporate Communications, Hakama Sidi Ali, confirmed settlement of all valid FX backlog claims. 2. A Federal High Court in Abuja has declined the request by Edo State Deputy Governor, Philip Shaibu for an order directing pa…

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