Nigeria and China yesterday reached a preliminary agreement on the proposal to raise the subsisting $2 billion currency swap deal. President Bola Ahmed Tinubu initiated the discussion on scaling up ...

As part of moves to strengthen cooperation and promote bilateral trade and investment between their countries, Nigeria and China have renewed their currency swap agreement worth 15 billion Yuan ($2 ...

According to him, this will ensure the currency deal does not stifle local companies and make Nigeria a dumping ground for Chinese goods. CBN’s acting Director, Corporate Communications, Mr Isaac ...

The Central Bank of Nigeria (CBN) has expressed concern over the challenges being experienced by the citizens in getting cash from their bank accounts and other alternative channels. Represented by ...