Nigeria
-
Currencies
This Local Currency Rises 12% Against the US Dollar
The US dollar outperformed all leading currencies this month including the Chinese Yuan, Japanese Yen, and the Indian Rupee. The…
Read More » -
Currencies
NGN/USD: Why Nigeria’s Currency Rebounded and What It Means
Nigeria pumps almost 1.5 million barrels of oil a day, making it the continent’s biggest producer. Yet this petrodollar nation…
Read More » -
Currencies
Prominent transgender woman in Nigeria arrested, charged with defacing currency
Eswatini police on March 28 detained a prominent human rights activist as she tried to return to the country. Tanele…
Read More » -
Currencies
Why Nigeria’s Naira Currency Has Plunged and Dollars Are Scarce (NGN/USD)
Nigeria pumps almost 1.5 million barrels of crude oil a day, making it the continent’s biggest producer. Yet this petrodollar…
Read More » -
Currencies
Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?
By Chinedu Asadu, The Associated Press ABUJA, Nigeria (AP) — Nigerians are facing one of the West African nation’s worst…
Read More » -
Currencies
How did the situation get so bad? – Firstpost
Women sell smoked fish at a Mile 12 Market in Lagos, Nigeria. AP Nigeria’s currency, the naira, has plummeted to…
Read More » -
Investment
Global green transition is re-energising China’s investments in Africa after pandemic slowdown
Meanwhile, East Asian belt and road countries expanded their intake of Chinese investments by 94 per cent to US$6.8 billion…
Read More » -
Currencies
Nigeria Plans To Sell Oil in Local Currency, Not US Dollar
Nigeria had applied to join BRICS in 2023 but the application was rejected at the15th summit in Johannesburg. Despite the…
Read More »