Global Trade

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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US Threatens To Sanction Countries For Allowing Russian Banks 1

US Threatens To Sanction Countries For Allowing Russian Banks

The US is now sending a stern warning to countries that let Russian banks set up shop in their territories. The US Treasury Department says that Russia is getting around existing sanctions by opening branches of its banks in other countries. This clever move is helping them dodge the financial

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