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Nigeria-China currency swap unlikely to improve value of naira

by DAMILARE ASIMIYU, SOBECHUKWU EZE & EMEKA UCHEAGA

June 17, 2018 | 9:28 pm
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Nigeria’s currency swap deal with China which was touted as a way of strengthening the naira, may not be able to make much difference BusinessDay findings reveal.   The currency swap deal which is expected to improve trade relations between both countries, will make payments easier for Nigerian importers who spend up to N1.7 trillion…

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by DAMILARE ASIMIYU, SOBECHUKWU EZE & EMEKA UCHEAGA

June 17, 2018 | 9:28 pm
  |     |     |   Start Conversation

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