Local Currency – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Wed, 04 Jun 2025 23:00:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Local Currency – InfoStride News https://www.theinfostride.com 32 32 BRICS: Nigerian Lawmaker Pushes for Local Currency Trade to Strengthen Economic Sovereignty https://www.theinfostride.com/brics-nigerian-lawmaker-pushes-for-local-currency-trade-to-strengthen-economic-sovereignty/ https://www.theinfostride.com/brics-nigerian-lawmaker-pushes-for-local-currency-trade-to-strengthen-economic-sovereignty/#respond Wed, 04 Jun 2025 23:00:15 +0000 https://www.theinfostride.com/?p=447654 At the BRICS Trade Forum held recently in Brazil, Nigerian lawmaker and Chairman of the House Committee on Foreign Affairs, Wole Oke, called on member states of the BRICS alliance to intensify trade among themselves using their respective local currencies. His remarks come amid growing momentum within the bloc to reduce reliance on the US [...]

Source from InfoStride News

]]> https://www.theinfostride.com/brics-nigerian-lawmaker-pushes-for-local-currency-trade-to-strengthen-economic-sovereignty/feed/ 0 CBN Devalues Local Currency By #6 https://www.theinfostride.com/cbn-devalues-local-currency-by-6/ https://www.theinfostride.com/cbn-devalues-local-currency-by-6/#respond Sat, 28 Nov 2020 18:54:21 +0000 https://www.theinfostride.com/?p=275956 In line with the recommendation of the International Monetary Fund and World Bank; the Central Bank Of Nigeria has reduced the value of naira compared to Dollar by #6. The devaluation is to achieve a unified exchange rate between the local currency and USD. In respect of the new rates, the International Monetary Transfer Service [...]

Source from InfoStride News

]]> https://www.theinfostride.com/cbn-devalues-local-currency-by-6/feed/ 0