Nigeria’s central bank has auctioned it first Chinese Yuan worth N3.6 Billion at a range of 49-51 naira to one yuan
The auction is part of efforts to encourage the use of an alternative trading currency to the U.S. dollar.
Nigeria is one of the largest importers of Chinese goods in Africa.
Chief Economist with Vetiva Capital Management says the move will strengthen naira and eliminate multiple exchange rate
Nigeria’s central bank has auctioned it first Chinese Yuan worth N3.6 Billion at a range of 49-51 naira to one yuan
The auction is part of efforts to encourage the use of an alternative trading currency to the U.S. dollar.
Nigeria is one of the largest importers of Chinese goods in Africa.
Chief Economist with Vetiva Capital Management says the move will strengthen naira and eliminate multiple exchange rate
Nigeria’s central bank has auctioned it first Chinese Yuan worth N3.6 Billion at a range of 49-51 naira to one yuan
The auction is part of efforts to encourage the use of an alternative trading currency to the U.S. dollar.
Nigeria is one of the largest importers of Chinese goods in Africa.
Chief Economist with Vetiva Capital Management says the move will strengthen naira and eliminate multiple exchange rate
Nigeria’s central bank has auctioned it first Chinese Yuan worth N3.6 Billion at a range of 49-51 naira to one yuan
The auction is part of efforts to encourage the use of an alternative trading currency to the U.S. dollar.
Nigeria is one of the largest importers of Chinese goods in Africa.
Chief Economist with Vetiva Capital Management says the move will strengthen naira and eliminate multiple exchange rate
Nigeria’s central bank has auctioned it first Chinese Yuan worth N3.6 Billion at a range of 49-51 naira to one yuan
The auction is part of efforts to encourage the use of an alternative trading currency to the U.S. dollar.
Nigeria is one of the largest importers of Chinese goods in Africa.
Chief Economist with Vetiva Capital Management says the move will strengthen naira and eliminate multiple exchange rate
Nigeria’s central bank has auctioned it first Chinese Yuan worth N3.6 Billion at a range of 49-51 naira to one yuan
The auction is part of efforts to encourage the use of an alternative trading currency to the U.S. dollar.
Nigeria is one of the largest importers of Chinese goods in Africa.
Chief Economist with Vetiva Capital Management says the move will strengthen naira and eliminate multiple exchange rate
Nigeria’s central bank has auctioned it first Chinese Yuan worth N3.6 Billion at a range of 49-51 naira to one yuan
The auction is part of efforts to encourage the use of an alternative trading currency to the U.S. dollar.
Nigeria is one of the largest importers of Chinese goods in Africa.
Chief Economist with Vetiva Capital Management says the move will strengthen naira and eliminate multiple exchange rate
Nigeria’s central bank has auctioned it first Chinese Yuan worth N3.6 Billion at a range of 49-51 naira to one yuan
The auction is part of efforts to encourage the use of an alternative trading currency to the U.S. dollar.
Nigeria is one of the largest importers of Chinese goods in Africa.
Chief Economist with Vetiva Capital Management says the move will strengthen naira and eliminate multiple exchange rate
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