China Renews Currency Swap Agreement With Nigeria Worth ₦3.28 Trillion
China’s central bank, the People’s Bank of China (PBOC), announced on Friday the renewal of a bilateral currency swap agreement with the Central Bank of Nigeria (CBN). The agreement, valued at 15 billion yuan (approximately $2.09 billion or N3.28 trillion), aims to bolster trade and investment between the two nations. The currency swap agreement, originally … Read more