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BRICS: Demand For US Dollar Grows in Oil Payments, Local Currency Dips

BRICS: Demand For US Dollar Grows in Oil Payments, Local Currency Dips

BRICS tried to convince other countries to ditch the US dollar and use local currencies for oil payments…
BusinessBricsUS DollarOIL
May, 23, 2025
2 min read
by Watcher.Guru
De-Dollarization: Nigeria Regrets Ditching the US Dollar For Trade

De-Dollarization: Nigeria Regrets Ditching the US Dollar For Trade

The Nigerian government announced in October last year that the country’s oil and gas firms would settle payments…
BusinessUS DollarDe-dollarizationOIL
May, 02, 2025
2 min read
by Watcher.Guru
BRICS: New Country Rejects Local Currency for Oil, Wants US Dollar

BRICS: New Country Rejects Local Currency for Oil, Wants US Dollar

Not every country is falling in line with the BRICS agenda of replacing the US dollar with local…
BusinessBricsUS DollarOIL
Mar, 31, 2025
2 min read
by Watcher.Guru
Nigeria Receives Nearly $100,000 From Unlicensed Crypto Firms

Nigeria Receives Nearly $100,000 From Unlicensed Crypto Firms

The Nigerian government received nearly $100,000 from two cryptocurrency firms accused of conducting unlicensed conversions of tether (USDT) to nai...
USDTAfricaForeign ExchangeNaira
Oct, 16, 2024
by Bitcoin News
Nigeria Injects $543.5M to Shore up Naira

Nigeria Injects $543.5M to Shore up Naira

The Central Bank of Nigeria (CBN) injected $543.5 million into the Nigerian foreign exchange market between September 6th and 30th to address curre...
USDAfricaForeign ExchangeNaira
Oct, 09, 2024
by Bitcoin News