Currency swap

By ADEBISI ADEMOLA The nation’s foreign reserves gained $183 million in June and estimated $9billion in first half of 2018, data gathered by InsideBusiness Online from the Central Bank of Nigeria (CBN) has shown. The foreign reserves…

Financial analysts have expressed concern that the currency swap deal recently signed by the Central Bank of Nigeria (CBN) and the Peoples Bank of China (PBoC) will stifle the Nigerian economy. The Currency Swap Deal was signed on April…