Browsing Tag
Naira
14 posts
What’s Happening to the US Dollar? Nigeria’s Naira Appreciates Sharply
The Nigerian naira (NGN) is appreciating against the US dollar in the forex market in 2026. The NGN…
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…
India To Boost De-Dollarization: Buy Nigerian Oil Paying in Naira
India could advance the de-dollarization agenda and procure Nigerian oil and settle payments in their local currency, the…
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…
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…
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…
Currency: CBN Dollar Injection Aims To Stabilize The Falling Naira
The falling value of the Naira, Nigeria’s currency, has prompted the Central Bank of Nigeria to intervene. The…
BRICS: India & Nigeria Finalize Major Partnership Ditching US Dollar
BRICS member India finalized a major trade partnership with Nigeria on Friday switching away from the US dollar.…
Kenyan Shilling, Naira Loses Against Seemingly Strong US Dollar
The winds of change are now supporting the US dollar, as the American greenback has emerged victorious amid…
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…