₦airaland Forum

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stone coated steel roof from china,

not bad~

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hi sista, how are you?

do you interested in wholesale business? can you sell in nigeria?

i have too many model i can send you photos.

the wholesale price its about 2.8-3.2 USD.

and now send to africa its about 5.5usd per KG. from china to africa.

do you think it make sense?

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customers

worker

loading container

colors

semi-manufactures

beautiful and quality,

diffrent material steel

my boss's new house

our factory director's new Properties

RMB into Africa will become the reserve currency in Nigeria


RMB internationalization process has progressed to the second-largest economy in Africa - Nigeria announced that its foreign exchange reserves of 5% -10% for the yuan.

Nigerian central bank governor 拉米多萨努西 (Lamido Sanusi) 6 in Beijing, said the country will diversify currency reserves, the reserves of 5% -10% for the yuan. Nigeria into

Led to announce the yuan into foreign exchange reserves of African countries.

拉米多萨努西 pointed out that China in terms of trade or commodity transactions account for a large share, but the important position of trade are not reflected in the currency, the yuan has never been an international trading currency or transaction currency.

Situation in the past year has changed.拉米多萨努西 feel that China's central bank has gradually abolished restrictions on the use of RMB, the yuan can now more easily convertible for trade settlement or investment.

拉米多萨努西 said that China's huge foreign exchange reserves, the world's second largest economy, but also has economic development potential. He believes that the internationalization of the RMB will continue to advance and reserve-based.

拉米多萨努西 that the yuan as part of the foreign reserves is a strategic decision, but also deal with the U.S. sovereign rating was downgraded, in Europe as a means of deep debt crisis. "In Europe the case of economic uncertainty, we see a lot of countries have begun to consider the use of RMB as a reserve currency, but as far as we know, many countries have started contacts with China's central bank, including some Asian, Latin American countries. "

It is reported that Nigeria has 320-360 billion U.S. dollars foreign exchange reserves, of which 79% are U.S. dollars, while the euro, British pound, there is a small part of the gold. The reserves of Nigeria consider the 5% -10% for the yuan.

In general, the Government should consider the currency of foreign exchange reserves mainly consider varieties of mobility, security, must also give due consideration to the rate of return.拉米多萨努西 that Chinese inter-bank bond market in the short-term rate of return of not less than U.S. bonds.

How to get the technical aspects of the RMB, 拉米多萨努西 expressed the following ways: First, China's central bank to apply for central Nigeria, the direct purchase of Chinese inter-bank bond market, bond; two offshore market in Hong Kong for the RMB; three by oil exports to China, the Nigerian government can accept RMB.

Statistics show that Nigeria is Africa's second largest economy in the past ten years has maintained an average annual economic growth of 7%. Last year, China exported to the country about $ 1 billion of oil, China's merchandise exports to the country mainly in the manufacturing, infrastructure-based, export volume last year reached 70 billion U.S. dollars.
(Source: Shanghai Securities News)

yes , in our city, in china, a lot of african muslims ---nigerian hausa people early in the morning,wear traditonal clothes waiting for meat-shop to be open.

I SEE, does this holiday GET effection with the non-muslim area? for "Igbo "people?

which holiday now/

great news。。。。。。。。。。

everything ll be alright.

marcus1234
Posts: 808

Offline


hi bro, what did china did, to you ??

we are also losing money because of US,