Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,579 members, 7,958,787 topics. Date: Thursday, 26 September 2024 at 12:34 AM |
Nairaland Forum / Nairaland / General / Business / China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? (26193 Views)
CBN Weakens Naira To 307/dollar For First Time (dailytrust) / U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo / Free Flow Of Yuan In Nigerian Banks - What You Need To Know (2) (3) (4)
China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by davide470(m): 3:51pm On Apr 12, 2016 |
Dangote Group, the company owned by Africa’s richest man Aliko Dangote, signed a deal on Tuesday for a $2 billion loan from the Industrial Commercial Bank of China Ltd for two cement plants, he told Reuters. Source: http://nairametrics.com/china-lends-dangote-2bn-reach-agreement-with-nigeria-on-yuan/ 7 Likes
|
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by maryjan8(f): 4:08pm On Apr 12, 2016 |
This is a good one. A man like Dangote knows what to do with such an amount of money. 22 Likes |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by KissCODE(m): 4:41pm On Apr 12, 2016 |
I like this move biko. It is time Nigeria gives dollar a back bench position. This will help my Igbo brothers in their business transaction with China. Modified: I give kudos to PMB for this move. I so much love cos most of our imports are from China. But for a governement that has blamed the past administration for every of its woes, it wuld be an honorable thing if it also appluad GEJ for making this move possibly fast. Every good moveever made by this government is offshoot of GEJ‘s policy. Thank u GEJ. 115 Likes 7 Shares |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by DeKen: 7:01pm On Apr 12, 2016 |
Okay. This man is going places. 1 Like |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by simongonner: 7:01pm On Apr 12, 2016 |
China for life..lolz 2 Likes 1 Share |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by blazetitov: 7:01pm On Apr 12, 2016 |
Good for Dangote. Nigeria gradually becoming exporter of Cement. Another avenue to earn FX. 18 Likes |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by Ymodulus: 7:01pm On Apr 12, 2016 |
Typing... |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by Adekorya: 7:01pm On Apr 12, 2016 |
Where are those wailing about PMB tour? 17 Likes 1 Share |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by trailblaiza(m): 7:01pm On Apr 12, 2016 |
so what next? |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by Nobody: 7:02pm On Apr 12, 2016 |
maryjan8:Yeah. Use it to buy up our country while his trailers kill people up.and down. You guys don't even realize who your new slavemasters are because they're black. Smh. Gayigaskia:Hate? Far from that Bro. It's tough to be a businessman in Nigeria. I admire his hustle. I do not approve of his methods. But it's business. It's silly to believe he was thinking about the interests of Nigeria when he signed these deals. That's my point. 15 Likes 1 Share |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by pendusky(m): 7:02pm On Apr 12, 2016 |
Abeg which Moderator dey duty this night, the guy just dey send topic to front page like Buhari traveling... 9 Likes 1 Share |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by Codeblues(m): 7:02pm On Apr 12, 2016 |
Noted |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by babyfaceafrica: 7:02pm On Apr 12, 2016 |
Nice one from Africas richest man 1 Like |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by MrPresident1: 7:02pm On Apr 12, 2016 |
Dangote Dangote, paddy paddy of olowo aiye Bill Gates. Olowo ns'ore olowo olosi ns'ore olosi, Dangote l'ore temi 6 Likes |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by Firefire(m): 7:03pm On Apr 12, 2016 |
Wonderful! "Nigeria has already converted up to a tenth of its reserves into yuan five years ago. Songtian said a framework on currency swaps has been agreed with Nigeria making it easier to settle trade deals in yuan". God bless our hero's past. God bless the past administration, God bless Goodluck Jonathan for setting the foundation for this achievement. Where are the APC terrorist children of hate and anger...? Your usual hate comments and useless rant against the best president in the history of United Nigeria welcome. 29 Likes 5 Shares |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by malbro(m): 7:03pm On Apr 12, 2016 |
Definitely okpella n itori things 1 Like |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by olusola11: 7:03pm On Apr 12, 2016 |
i hope it is a step in the right direction |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by Cutesexy1(f): 7:03pm On Apr 12, 2016 |
Brb |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by JideTheBlogger(m): 7:03pm On Apr 12, 2016 |
North 1 Like |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by lordtech(m): 7:04pm On Apr 12, 2016 |
OK |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by Edd1e(m): 7:04pm On Apr 12, 2016 |
"Only those who risk going too far can possibly find out how far one can go"..... I can't wait to see the effect of all this funds to common Nigerian. I hope it is put to better use |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by cutelover19(m): 7:04pm On Apr 12, 2016 |
h |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by zenith4biz(m): 7:04pm On Apr 12, 2016 |
We buy from China, we pay in dollars. 1 Like |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by bunmioguns(m): 7:04pm On Apr 12, 2016 |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by Misterdhee1(m): 7:05pm On Apr 12, 2016 |
A Neccessary back up, since China Is Probably our Biggest Trade Partners In Recent Years 4 Likes |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by winkmart: 7:05pm On Apr 12, 2016 |
maryjan8: AND ME TOO |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by Nobody: 7:05pm On Apr 12, 2016 |
This guy does not even care about his being mentioned in the Panama issue. there are obviously 'better things' that's bother him. 1 Like |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by ajalawole(m): 7:05pm On Apr 12, 2016 |
wait ooo. Sha na everyody wen go get money from china ni |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by erico2k2(m): 7:05pm On Apr 12, 2016 |
KissCODE:Ok we can 4get sourcing 4 the green back abi |
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by jamesbanjo(m): 7:05pm On Apr 12, 2016 |
Nice Development No light o 4 Likes
|
Re: China Lends Dangote $2bn: Is Yuan The New "Dollar" for Nigeria? by Kollyman: 7:06pm On Apr 12, 2016 |
This is wonderful. It's about time we give dollar a very big break! 3 Likes |
Some Things Online Store Do Which We Don’t Know About / If You Are Given N10million Today, What Business In Nigeria Will You Invest In? / Forex EA Developers Lounge
(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. 20 |