The Central Bank of Nigeria (CBN) has announced that it has repaid 85% of the Chinese yuan (CNY) borrowed from the currency swap agreement with China....
A year after Western sanctions against Russia in the aftermath of the Ukraine invasion, China’s yuan has taken over from the US dollar as the most...
Some Financial Economists have expressed great concerns about the minor influence that the Nigeria-China currency swap had on the country’s economy, three years after. The experts...
Foreign Direct Investments into China Shot Up by 9% in 2020 to $163 Billion Against 49% US Decline China had the highest inflow of Foreign Direct...
More Nigerians are turning to China for their daily items and business needs despite numerous reports of quality-related issues. A recent report by the National Bureau...
China’s Yuan Hits Decade Low Over Trade Fears The Chinese yuan weakened to a decade low on Tuesday on concerns over China’s slowing economy and the...