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Nigeria-China N720 Billion Currency Swap Collapses - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria-China N720 Billion Currency Swap Collapses (19740 Views)

Court Stops Buhari, CBN, Others From Suspending Currency Swap Policy / Buhari Celebrates 50 Years Of Nigeria-China Diplomatic Relations / Nigeria, China, India Among 10 Most Improved Economies – World Bank (2) (3) (4)

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Re: Nigeria-China N720 Billion Currency Swap Collapses by zuchyblink(m): 7:10am On Oct 19, 2021
Imagine say na Igbo man dey rule Nigeria and e be like this,nah pogrom 2.0
Re: Nigeria-China N720 Billion Currency Swap Collapses by Yankee101: 7:10am On Oct 19, 2021
It was a laughing stock now

At least exchange mangoes with oranges not rocks
Re: Nigeria-China N720 Billion Currency Swap Collapses by Paramountguy: 7:11am On Oct 19, 2021
This is what happens when you have a clueless leader. Nigeria is long gone.

Re: Nigeria-China N720 Billion Currency Swap Collapses by sureboykris(m): 7:11am On Oct 19, 2021
Is there anything we are getting right as a Nation?
Re: Nigeria-China N720 Billion Currency Swap Collapses by MondayOsunbor(m): 7:13am On Oct 19, 2021
googlepikins:
Only if Nigerians know how Alhajis are stealing like hood rats under their brother Buhari.

I thank God by 2030 price of Crude oil will drop to below $20, make I see the bastards that will say I should pay tax for them to be flexing with.



LOL OGA LISTEN THE FLEX WILL CONTINUE AS YOU YES YOU WILL BE PAYING FOR IT

THE TAX UNA GO DEY PAY THEN GO BE ON ANOTHER LEVEL
Re: Nigeria-China N720 Billion Currency Swap Collapses by MondayOsunbor(m): 7:15am On Oct 19, 2021
zuchyblink:
Imagine say na Igbo man dey rule Nigeria and e be like this,nah pogrom 2.0


CORRECT let say any SOUTHERNER
Re: Nigeria-China N720 Billion Currency Swap Collapses by tmtech: 7:15am On Oct 19, 2021
Nigerialabalaba:
Nonsense and ingredients! China wey no get himself for like 2 years now with the serious covid-19 palava and Hong Kong/Taiwan and Donald Trump atrack, na hin go get time for currency swap?
Anything like this must wait until China recover fully! As I type here, some companies don shut down and some parts of China dey in darkness due to the soaring energy cost.

China's economic growth is slowing down and it is adversely affecting major companies in China... They probably start pressuring us to repay our loan or forfeit an asset cheesy
Re: Nigeria-China N720 Billion Currency Swap Collapses by RICHOLAC(m): 7:15am On Oct 19, 2021
Another near success news; I thank God that I never voted this set of people into leadership. Their news of failures unarguably are far greater than the successes.

Between I see a collapsed nation afar of.
Re: Nigeria-China N720 Billion Currency Swap Collapses by Godfullsam(m): 7:15am On Oct 19, 2021
Can anything good come out of CBN?

It is not just about buhari and his failed govt. Even the current cbn governor is a bunch of rubbish.

He doesn't deserve to be the branch manager of a local micro finance bank.
Re: Nigeria-China N720 Billion Currency Swap Collapses by Nigerialabalaba: 7:17am On Oct 19, 2021
tmtech:


China's economic growth is slowing down and it is adversely affecting major companies in China... They probably start pressuring us to repay our loan or forfeit an asset cheesy
Tarrh!! No be Naija ! No be us dey owe China money wey go bend dia economy, na Europe and US dey owe dem pass.

1 Like

Re: Nigeria-China N720 Billion Currency Swap Collapses by CocoaOla: 7:18am On Oct 19, 2021
Naira is moving steadily in this direction useless and worthless

Re: Nigeria-China N720 Billion Currency Swap Collapses by AmuEbule: 7:23am On Oct 19, 2021
Well, the good thing is that they did the swap with Chinko people in 2018. Right now, Buhari won’t even mind doing the currency swap with cows and herdsmen. grin grin
Re: Nigeria-China N720 Billion Currency Swap Collapses by Falseprofet2: 7:24am On Oct 19, 2021
I see bmc blaming atiku
Re: Nigeria-China N720 Billion Currency Swap Collapses by elmessiahs(m): 7:30am On Oct 19, 2021
Trying feel busy and productive, but nothing come out
Re: Nigeria-China N720 Billion Currency Swap Collapses by pickatyoubackup: 7:31am On Oct 19, 2021
Buhari body odour dey spoil everything
Re: Nigeria-China N720 Billion Currency Swap Collapses by fineboynl(m): 7:35am On Oct 19, 2021
The deal failed even before it was signed.

We have nothing to export to china. Yet we converted the dollar bill to Chinese currency it doesn't make sense instead of converting the naira to Chinese currency
Re: Nigeria-China N720 Billion Currency Swap Collapses by Ojayk(m): 7:35am On Oct 19, 2021
Congratulations Nigeria.

Another great achievement of the Emefelie 10 years administration in CBN.
Re: Nigeria-China N720 Billion Currency Swap Collapses by iscom(m): 7:41am On Oct 19, 2021
I know it won't work because of their greediness.
Re: Nigeria-China N720 Billion Currency Swap Collapses by AchalugoNwa(f): 7:41am On Oct 19, 2021
helinues is happy
Re: Nigeria-China N720 Billion Currency Swap Collapses by Brushstrokes20: 7:42am On Oct 19, 2021
Expectedly, anything buhari touches crumbles!
Re: Nigeria-China N720 Billion Currency Swap Collapses by od501: 7:44am On Oct 19, 2021
MANDIPUTIN:
•Operators allege sabotage –Expert

https://www.sunnewsonline.com/nigeria-china-n720bn-currency-swap-collapses/?

Before now? Were u expecting anything less
Re: Nigeria-China N720 Billion Currency Swap Collapses by watersideboys: 7:44am On Oct 19, 2021
Confused nation

When you involve someone who study agric science to take care of finance you get rubbish.
Re: Nigeria-China N720 Billion Currency Swap Collapses by ecclize: 7:50am On Oct 19, 2021
This seems to makes sense.
but how it didn't work out surprise me to be honest..
some people must have sabotage the process.
Re: Nigeria-China N720 Billion Currency Swap Collapses by purplekayc(m): 7:50am On Oct 19, 2021
Mossadd:
But why?
. Find out what currency swap is all about bro, dem no gree.
Re: Nigeria-China N720 Billion Currency Swap Collapses by Jemmysax(m): 7:55am On Oct 19, 2021
olaboy33:
Welcome to Nigeria where everything is collapsing.

Siemens Power deal, Ajaokuta Revival all collapsing, no one in the whole cabinet has the brains to follow these through after Abba kyari demise.
Those that have the brains have been relegated to the back seat to watch how everything collapses.


Hmmmmm. It's a shame. We've got the mineral resources to make us one of the best countries in the world, but unfortunately the greediness of our leaders and even a lot of our youths today has hindered our progress.

When exactly are we going to start enjoying the dividends of democracy in this country? ☹️☹️
Re: Nigeria-China N720 Billion Currency Swap Collapses by WeRblessed(f): 8:05am On Oct 19, 2021
Buhari and Malami stole all the money. The zoo is as broke as a broken bottle. Lend them money at your own risk. This is just the beginning. What a cursed nation with a cursed and satanic presidiott!!
Re: Nigeria-China N720 Billion Currency Swap Collapses by tola1006: 8:07am On Oct 19, 2021
The Chinese are over protective of their currency, they won't want the Chinese yuan flying about every where there by affecting it's value......even the Chinese foreign reserves are kept in dollars, the Chinese prefer holding as much dollars as possible so as to keep their currency stable.......they have the advantage for this because they are a productive economy who would rather prefer you bringing the dollars for their yuan.......I wonder why our CBN didn't see this.

1 Like

Re: Nigeria-China N720 Billion Currency Swap Collapses by Tinyemeka(m): 8:11am On Oct 19, 2021
kollinz1234:
Can anyone mention anything this government has gotten right?

Hellanus

Bbgrills

Buckeymumu

Etc

They will always throw the blame back at you, other Nigerians and every other person apart from their commander-in-chief.

So why was he then elected in the first place?
Re: Nigeria-China N720 Billion Currency Swap Collapses by pat077: 8:11am On Oct 19, 2021
Not surprised

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