The relationship between rising oil prices and Bitcoin has garnered significant attention from investors and analysts. As global economic conditions evolve, many are speculating whether surging oil prices could trigger a corresponding rise in Bitcoin’s value.
Read MoreIn a significant shift, Nigeria, Africa’s largest oil producer, has decided to sell its crude oil in naira instead of US dollars. This decision, announced by the Federal Executive Council (FEC), marks a departure from decades of reliance on foreign currency for oil transactions, aiming to bolster the nation’s economic stability.
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