Tag: Yuan

Speculative attacks fuel depreciation of Naira against USD

inno.korie- May 21, 2018

The announcement of a currency- swap deal between Nigeria and China has compelled speculators to make last minute plans to wreck havoc on the naira ... Read More

Chinese Yuan Joins IMF’s elite Reserve Currency Club

Arowobusoye Samuel- October 6, 2016

Chinese national currency, Yuan, is now the fifth member of the prestigious SDR basket on Saturday. Analysts are in agreement on the need for reforms to ... Read More

President Buhari Will Sign A Budget That Is On The Side Of The People ~ Femi Adesina

Abdul Jimoh- April 26, 2016

Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, was on Radio Continental recently. Here are excerpts from the interview: Let us ... Read More

Naira/Chinese Yuan Swap Will Boost Economy – Bureau De Change

Henry Solomon- April 16, 2016

Alhaji Ibrahim Yelwa, a bureau de change operator in Sokoto, says the recent currency swap agreement between Nigeria and China will boost bilateral trade between ... Read More

Buhari, Emefiele Sign Currency Deal With China, an Act to Crash Dependence on The US Dollar

Arowobusoye Samuel- April 13, 2016

President Muhammadu Buhari and Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele moved closer to actualizing their promise to strengthen the naira against the ... Read More