Currency Shift

Nigeria Ditches Dollars: Starts Selling Oil In Naira 1

Nigeria Ditches Dollars: Starts Selling Oil In Naira

Nigeria has made a bold and exciting decision: it will now sell its oil in its local currency, the naira, instead of using U.S. dollars. This move is seen as a major step toward boosting Nigeria’s economy and gaining more control over its natural resources. Let’s break down what this

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India Hunts For Dollar-Free Trade Deals Amid US Sanctions 1

India Hunts For Dollar-Free Trade Deals Amid US Sanctions

On July 29, 2024, in Tokyo, Japan, Subrahmanyam Jaishankar, India’s external affairs minister, attended an important meeting known as the Quadrilateral Security Dialogue (Quad). At a later event in Washington, he shared some fascinating insights about India’s approach to trade, especially with the challenges posed by the United States. Jaishankar

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