Nigeria, China Sign $2.4bn Currency-Swap To Boost Trade
LAGOS MAY 3RD (NEWSRANGERS)-Nigeria and China agreed on a currency-swap agreement worth $2.4 billion to boost commercial ties and reduce the need to use the dollar in bilateral trade. Yi Gang, governor of the People’s Bank of China, and Godwin Emefiele, his Nigerian counterpart, signed a three-year swap of 15 billion yuan or 720 billion…