An attempt to settle the rift between the Dollar and the Naira Once upon a time, there were two best friends: Miss Naira and Miss Dollar. Ok, they weren’t quite best friends but they were good friends. Even though their…
25th anniversary of European Central Bank to be feted in Frankfurt
The establishment of the European Central Bank (ECB) 25 years ago is scheduled to be celebrated in the German city of Frankfurt where it is headquartered on Wednesday evening. On June 1, 1998, the bank started operations and seven months…
China & Russian-led EEU bloc to replace trade in dollar & euro with domestic currencies
The Eurasian Economic Union (EAEU), an analogue to the EU in the post-Soviet space, should begin using its own currencies in trade, rather than the Euro and Dollar, which dominate commerce between the member states and China. That’s a consensus…