The Central Bank of Nigeria says importers will not be allowed to bring in substandard products into the country under the currency swap agreement with China.
CBN explains that measures have been put in place with regulatory agencies to check abuse of the terms of contract.
According to the Acting Director, Corporate Communications, CBN, Isaac Okorafor, consumers will not be allowed to collect Renminbi through banks and sell on the streets.
Okorafor says the transaction is valued at 16 billion Remnibi that’s about $2.5billion, aimed at providing local currency liquidity to Nigerian and Chinese manufacturers.
The Central Bank of Nigeria says importers will not be allowed to bring in substandard products into the country under the currency swap agreement with China.
CBN explains that measures have been put in place with regulatory agencies to check abuse of the terms of contract.
According to the Acting Director, Corporate Communications, CBN, Isaac Okorafor, consumers will not be allowed to collect Renminbi through banks and sell on the streets.
Okorafor says the transaction is valued at 16 billion Remnibi that’s about $2.5billion, aimed at providing local currency liquidity to Nigerian and Chinese manufacturers.
The Central Bank of Nigeria says importers will not be allowed to bring in substandard products into the country under the currency swap agreement with China.
CBN explains that measures have been put in place with regulatory agencies to check abuse of the terms of contract.
According to the Acting Director, Corporate Communications, CBN, Isaac Okorafor, consumers will not be allowed to collect Renminbi through banks and sell on the streets.
Okorafor says the transaction is valued at 16 billion Remnibi that’s about $2.5billion, aimed at providing local currency liquidity to Nigerian and Chinese manufacturers.
The Central Bank of Nigeria says importers will not be allowed to bring in substandard products into the country under the currency swap agreement with China.
CBN explains that measures have been put in place with regulatory agencies to check abuse of the terms of contract.
According to the Acting Director, Corporate Communications, CBN, Isaac Okorafor, consumers will not be allowed to collect Renminbi through banks and sell on the streets.
Okorafor says the transaction is valued at 16 billion Remnibi that’s about $2.5billion, aimed at providing local currency liquidity to Nigerian and Chinese manufacturers.
The Central Bank of Nigeria says importers will not be allowed to bring in substandard products into the country under the currency swap agreement with China.
CBN explains that measures have been put in place with regulatory agencies to check abuse of the terms of contract.
According to the Acting Director, Corporate Communications, CBN, Isaac Okorafor, consumers will not be allowed to collect Renminbi through banks and sell on the streets.
Okorafor says the transaction is valued at 16 billion Remnibi that’s about $2.5billion, aimed at providing local currency liquidity to Nigerian and Chinese manufacturers.
The Central Bank of Nigeria says importers will not be allowed to bring in substandard products into the country under the currency swap agreement with China.
CBN explains that measures have been put in place with regulatory agencies to check abuse of the terms of contract.
According to the Acting Director, Corporate Communications, CBN, Isaac Okorafor, consumers will not be allowed to collect Renminbi through banks and sell on the streets.
Okorafor says the transaction is valued at 16 billion Remnibi that’s about $2.5billion, aimed at providing local currency liquidity to Nigerian and Chinese manufacturers.
The Central Bank of Nigeria says importers will not be allowed to bring in substandard products into the country under the currency swap agreement with China.
CBN explains that measures have been put in place with regulatory agencies to check abuse of the terms of contract.
According to the Acting Director, Corporate Communications, CBN, Isaac Okorafor, consumers will not be allowed to collect Renminbi through banks and sell on the streets.
Okorafor says the transaction is valued at 16 billion Remnibi that’s about $2.5billion, aimed at providing local currency liquidity to Nigerian and Chinese manufacturers.
The Central Bank of Nigeria says importers will not be allowed to bring in substandard products into the country under the currency swap agreement with China.
CBN explains that measures have been put in place with regulatory agencies to check abuse of the terms of contract.
According to the Acting Director, Corporate Communications, CBN, Isaac Okorafor, consumers will not be allowed to collect Renminbi through banks and sell on the streets.
Okorafor says the transaction is valued at 16 billion Remnibi that’s about $2.5billion, aimed at providing local currency liquidity to Nigerian and Chinese manufacturers.
Related posts:
CBN meets manufacturers over $2.5bn deal
CBN failed Nigerians with currency Redesign, Currency Swap – Economist
CBN releases N15bn to businessmen under currency swap deal
CBN records $3.5bn Currency outflows in March
Japan, South Korea agree to revive currency swap deal
CBN to work with PoS Agents to smoothen Currency Swap process
CBN Engages MFB’s, Others for currency swap in 4 Zamfara
Fashola urges rethink by CBN on Naira Redesign, Currency Swap
