Tag: Pounds
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Britain says it has frozen 18bn pounds worth of Russian assets
The British government said on Thursday that it had frozen assets together worth 18 billion pounds ($20.5 billion) held by Russian oligarchs, other individuals, and entities sanctioned for Moscow’s invasion of Ukraine. Russia has passed Libya and Iran to become Britain’s most-sanctioned
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JUST IN: Naira nosedives further against dollar, pounds
The Naira depreciated further in the parallel market on Tuesday hitting N557 to the US dollar. While the value was stable on the official window at N409.51-N410.50, it continues to be blown apart in the black market and the BDC. Quotes by Abokifx.com, showed that the currency fell by 1.3 percent to hit an unprecedented…