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crude oil salesBERNAMA
•71% Informative
Nigeria will start selling crude oil in local currency instead of the US dollar.
Announcement comes after several countries began selling oil and gas in local currencies following the outbreak of the Russia - Ukraine conflict in 2022 .
Nigeria has proven oil reserves of approximately 37 billion barrels , accounting for 3.1 per cent of the world's total reserves.
VR Score
72
Informative language
75
Neutral language
32
Article tone
formal
Language
English
Language complexity
84
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links