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Category Nigerian Naira

US Dollar Weakens Against Nigerian Naira in the Currency Markets

US Dollar Weakens Against Nigerian Naira in the Currency Markets

The Nigerian naira outperformed the US dollar in the currency markets on Wednesday. The Nigerian Foreign Exchange Market (NFEM) saw increased buyi...
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…
Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review

Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review

Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. ...
Kiyosaki Says BTC and Gold Rise if Trump Wins, Spot ETH ETFs Launch, and More — Week in Review

Kiyosaki Says BTC and Gold Rise if Trump Wins, Spot ETH ETFs Launch, and More — Week in Review

Robert Kiyosaki forecasts significant rises in asset prices, including gold, silver, and bitcoin by August 2025 if Donald Trump is re-elected. The ...
Sleeping BTC Wallets Reactivate, Bitcoin Dips, and More  — Week in Review

Sleeping BTC Wallets Reactivate, Bitcoin Dips, and More — Week in Review

Several longtime holders of Bitcoin have reactivated dormant wallets, moving substantial amounts of BTC after years of inactivity. Bitcoin’s price ...