Business N720bn Currency Swap Deal Attracts Nigerian Banks To China – Nairaland

[curator]

There are indications that the naira may begin to gain strength in the days to come as Nigerian banks conclude plans to open shops in China. This followed the pact signed by both the Central Bank of Nigeria (CBN) and the People’s Bank of China (PBOC) on a RMB15 billion (about N720 billion) currency swap





Read more via Nairaland – https://ift.tt/2wg2dAR N720bn

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