Brass River Brass River The Brass River is one of the branches of the Nun River, which in turn is a branch of the Niger River, in the Niger Delta in Nigeria. In the 19th century the river was an important trading route, first for slaves and later for palm oil. Brass River Crude Oil is named for a refinery on the river. The name "Brass" is European, said to have been given to the Nembe coastal villages because they traded for brass pans and neptunes to use for salt boiling. The "Brass Ijo" were all the Ijaw people from Cape Formosa
Commodity currency Commodity currency A commodity currency is a name given to some currencies that co-move with the world prices of primary commodity products, due to these countries' heavy dependency on the export of certain raw materials for income. Commodity currencies are most popular in developing countries (eg. Burundi, Tanzania, Papua New Guinea). However developed countries like Canada and Australia can also have this type of currency. For example, the Canadian Dollar grows stronger, the higher the price of soybeans and oil because these are Canada's two major commodities. In the foreign exchange market, commodity currencies generally refer to the Australian dollar,