Nigeria’s Crude Oil Payments in Naira and Unending Queues

Nigeria’s decision to commence the sale of crude oil in its local currency, the Naira, marks a significant shift in the nation’s oil trade dynamics. This historic move, aimed at bolstering the Naira and reducing reliance on the US dollar, has been met with a mix of optimism and concern. The Nigerian government has taken [...]The post Nigeria’s Crude Oil Payments in Naira and Unending Queues appeared first on Tekedia.

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