Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,157,970 members, 7,835,263 topics. Date: Tuesday, 21 May 2024 at 07:51 AM

The Nigeria-china Currency Swap Agreement: Any Impact So Far? - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / The Nigeria-china Currency Swap Agreement: Any Impact So Far? (498 Views)

Nigeria ā€“ China Currency Deal ā€“ The Biggest Winners And Losers / Nigeria, China Currency Swap Forces USD Rate Down: Bureau De Change Association / What You Need To Know About The Currency Swap Agreement Between Nigeria/china (2) (3) (4)

(1) (Reply) (Go Down)

The Nigeria-china Currency Swap Agreement: Any Impact So Far? by chuksvoice: 3:06pm On Oct 03, 2016
Good day to you all.
Please I wish to know how much impact the bi-lateral agreement signed early this year between the Nigerian and Chinese govt has impacted on the way Nigeria businessmen do business with China. For Instance, is it possible to open a Domiciliary account with a Nigerian Bank denominated in Chinese currency(i.e Yuan) in order to do business transaction with China?
Thank you.
Re: The Nigeria-china Currency Swap Agreement: Any Impact So Far? by tonio2wo: 3:13pm On Oct 03, 2016
Hahahaha! So u no know say dem scam u since? You still dey expect currency swap?

Bro, bubu went there to borrow money n nothing else.

2 Likes

Re: The Nigeria-china Currency Swap Agreement: Any Impact So Far? by acenazt: 3:19pm On Oct 03, 2016
Oboi the US wouldn't let that happen ever!!.
If Nigeria switches to The Chinese currency for foreign exchange,other countries will follow suit and the dollar will loose power over many currencies thereby causing problems for the US economy.

2 Likes

Re: The Nigeria-china Currency Swap Agreement: Any Impact So Far? by obajoey(m): 4:26pm On Oct 03, 2016
Na fayose no allow am to happen with the support of those IMF people.
Re: The Nigeria-china Currency Swap Agreement: Any Impact So Far? by Mikel999: 6:14pm On Oct 03, 2016
Bros that na scam now. Just another propaganda to water the appetite of the Zombies.
Re: The Nigeria-china Currency Swap Agreement: Any Impact So Far? by chuksvoice: 2:29pm On Oct 04, 2016
One of the reasons I posted this topic is this; for instance it is possible to open a Dom account in both Euros and Pounds Sterling, why not the Chinese Yuan?
Re: The Nigeria-china Currency Swap Agreement: Any Impact So Far? by Nobody: 2:37pm On Oct 04, 2016
chuksvoice:
One of the reasons I posted this topic is this; for instance it is possible to open a Dom account in both Euros and Pounds Sterling, why not the Chinese Yuan?
Very soon you can, the yuan just got admitted into imf as international trade current just this October, bad news for USA good for all of us.

(1) (Reply)

Fg May Close Down Retail Store Giants, Shoprite, Cash ā€˜nā€™ Carry: Read Why / Help Urgently Needed: On Aliexpress / Sme Alert

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 10
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.