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US AND CHINA TRADE WAR
Trump had raised security concerns about TikTok’s entry into the United States.
Nigerians hoping for transactions via the U.S dollar to countries like France would have the need to pay fewer dollars to fulfill such transactions.
Several oil-rich nations (Nigeria inclusive) may face looming financial crises as Oil price declined to a 4-month low of $61.99 p/b on Friday, May 31, 2019. This low price was last recorded in February this year.
The President, Association of Bureaux De Change Operators of Nigeria (ABCON), Dr. Aminu Gwadabe has disclosed that the on-going trade war between two of the world's largest economy, the United States and China, is playing to Nigeria's advantage.