Yuan

Business

Currency Swap Deal: CBN Begins Sales of Chinese Yuan

The Central Bank of Nigeria (CBN) on Friday kicked off its intervention in the sale of foreign exchange (forex) in…

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Business

CBN Trying to Convince Nigerian Importers to Use Chinese Yuan Instead of Dollar

The Central Bank of Nigeria (CBN) is trying to convince importers of goods from China to use the Yuan instead…

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Business

Nigeria, China Sign 15billion Yuan Currency Swap Agreement

China’s central bank said Thursday that it has signed a currency swap agreement with its counterpart in Nigeria. The agreement…

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Business

Nigeria to Include China’s Yuan In Its Foreign Reserves

Africa’s biggest economy Nigeria agreed Tuesday to include China’s yuan currency in its foreign reserves as Beijing seeks closer ties…

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