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Nigeria-China currency

Money market

CBN repays CNY5.10bn in Nigeria-China currency swap agreement

The Central Bank of Nigeria (CBN) has made a significant repayment towards the Nigeria-China currency swap agreement, with 5.10 billion Chinese yuan (CNY) already repaid out of the 6 billion utilised. This repayment comes as the agreement is expected to…

NewsDirect
August 30, 2023