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Britain plans to add Naira as trade currency The British High Commissioner to Nigeria, Mr. Paul Arkwright, said Nigerian firms taking out loan in the local currency could benefit from a UK Government-backed guarantee. The director, who agreed with Arkwrigh's submission, said trading in Naira meant that there would be demand for the Naira, ...
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FOREX-Dollar bounces after hitting 3-year low LONDON, Feb 19 (Reuters) - The dollar enjoyed a small rebound on Monday as investors bought back the greenback after its plunge to three-year lows, although analysts said any recovery looked set to be brief with dollar bears still out in force. The U.S. currency has weakened this year as expectations ...
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