Nigeria, China Revive Local Currency Swap Deal …C0NTINUE READING HERE >>>
Nigeria and China are set to revive their local currency swap agreement in a bid to bolster trade between the two nations and contribute to global financial stability.
The move signals a renewed commitment to regional monetary and financial cooperation, according to a joint statement released during Nigerian President Bola Tinubu’s official visit to China.
The Central Bank of Nigeria (CBN) had previously signed a $2.4 billion bilateral currency swap deal with the People’s Bank of China…
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