Olufemi Adewole, Government Secretary of DAPPMAN, warns that Nigeria’s Naira-for-crude oil transaction framework might destabilize overseas alternate (FX), deter overseas direct funding (FDI), and worsen financial challenges. He highlights the volatility of the Naira and stresses that crude oil transactions historically depend on the U.S. greenback for stability and world acceptability. Adewole cautions that deviating […]
Source link
Nigerian Oil Marketers Denounce Oil De-Dollarization Policy – News Bytes Bitcoin News
Related Posts
Leave a Reply
- Trending
- Comments
- Latest
Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.
