Nigeria Finally Seals N720bn Currency Swap Deal with China
The Central Bank of Nigeria (CBN) has signed a currency swap deal with the Peoples Bank of China (PBoC) worth Renminbi (RMB) 15 billion (about N 720 billion). The deal is the product of about 2 years of negotiation, as news about the deal first surfaced in April 2016 following President Muhammadu