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Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China - Business (5) - Nairaland

Nairaland ForumNairaland GeneralBusinessNigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China (20472 Views)

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Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by SalamRushdie: 3:08pm On Dec 28, 2024
omoadeleye:
Omo werey
Yoruba boy please try and rest
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by DryMouth: 3:09pm On Dec 28, 2024
Realdeals:
No wonder AliExpress and Temu now process naira transactions on their portal.
They convert all their naira to back to dollars and send it back to China.

China and USA dey use our heads
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by Tooreda: 3:10pm On Dec 28, 2024
Ringstonermasks:
chi chun chi


who else notice that every first five comments on Nairaland politics are flooded by the regime supporters ?

They occupy the space to make it seems the people are satisfied with d current dispensation. God punish poverty.
The guys are just paid idiots. There is one useless guy among them that will usually have 22 likes. Funny buffoons
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by iwaeda: 3:11pm On Dec 28, 2024
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by ibtommy(m): 3:13pm On Dec 28, 2024
jazzman7711:
Will you shut up there.

Was it not just last week that they reported a bill is in the House of Assembly to ban the use of foreign currencies in Nigeria?

See him forming Einstein.
. Until they get it all done never believe politicians.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by ibtommy(m): 3:14pm On Dec 28, 2024
jazzman7711:
Abeg will you get lost!

Who are you to say what will happen or not happen?

Idiot small kid on internet who thinks he knows something.

I don’t even regard you as a Nigerian.

GET LOST, YOU DIRTY IPOB OUTCAST.

Go and prepare for your Monday Sit At Home.
. Mr Nigerian, dey there dey deceive yourself. By the time those politicians finish with us, our eyes go clear.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by ibtommy(m): 3:16pm On Dec 28, 2024
fuckJones:
stupidity reside in your brain, Nigeria is the major importer of Chinese products, why should we use dollars instead if yuan that is cheaper
. The Naira-Yoyan swap done under the goro-chewing Bubu....wetin be the results. Better leave those politicians if we can't fight them. Support politicians at your peril.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by PressMyButton: 3:17pm On Dec 28, 2024
SalamRushdie:
Another beautiful nonsense, why would China want to swap Naira for RMB ? Naira has no value or demand outside the border of Nigeria
This thing here is an illiterate, gutter illiterate but he's basking in utter ignorance.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by AfonjaPriest: 3:17pm On Dec 28, 2024
Macphenson:
Oga rich education, use your education and bring down the dollar to at least #700 per dollar Tinubu met it. Upon all una sophsticated education, Naira is a mess and you people think you can fix it buy swapping with yuan. Your education is a total waste and useless to Nigerians.
True talk. He wasted his education supporting a failure.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by Basic123: 3:18pm On Dec 28, 2024
Macphenson:
Story for the gods. Let me see if our politicians will stash their looted funds in Chinese yuan. Let me see if all those houses in high brow areas will start collecting their rent in yuan instead of dollars.

This administration can only decieve its foolish and brainless supporters.
I can't believe I mistakenly liked this stupid comment.
Chai! 😆

You hate the president and your intelligence disappeared.
You can hate the president and still have functioning brain now
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by PressMyButton: 3:18pm On Dec 28, 2024
descarado:
Do you know what currency swap is?
Read it up and what it entails.
Another illiterate spotted. You should be the one to read.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by gigabyte13: 3:19pm On Dec 28, 2024
Lanretoye:
since they can't fix it with the yuan,pls tell us how they can fix it.
If the person provide a solution or response, l will quit naira land immediately.
They can only criticize
Ask them for solution
They will respond with insults.
Don't waste your time on children of perdition,hate and destruction.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by PressMyButton: 3:20pm On Dec 28, 2024
bigtt76:
In a currency swap arrangement, the funds do not cross border rather when a Nigerian wants to purchase in China, the naira equivalent in RMB is released by the Central Bank of China to the merchant and reverse is the case if China is purchasing from Nigeria. Before now, the US dollar is used as the middle ground currency for the transactions. The advantage of the swap is the reduced strain on the US Dollars for China-Nigeria trades.
Tell those illiterates. There's an agreed exchange rate in the deal.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by SalamRushdie: 3:20pm On Dec 28, 2024
PressMyButton:
This thing here is an illiterate, gutter illiterate but he's basking in utter ignorance.
Say something intelligent and counter me , prove to me that you are more educated 😅🤡

In 2016 Buhari announced this same nonsense, how did it go them ode.... typical empty headed APC clown, if you like don't go to bourdillon and hustle rice for your poor mother

Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by PressMyButton: 3:24pm On Dec 28, 2024
Macphenson:
Oga rich education, use your education and bring down the dollar to at least #700 per dollar Tinubu met it. Upon all una sophsticated education, Naira is a mess and you people think you can fix it buy swapping with yuan. Your education is a total waste and useless to Nigerians.
Unfortunately, foreigners are reading what these ipob illiterates are spewing here. You economic illiterates.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by BarrElChapo(m): 3:27pm On Dec 28, 2024
How many people can get this Yuan ? How many Chinese companies will do business with you if you offer to pay them in Yuan ?
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by ArcSEMPECJ(m): 3:28pm On Dec 28, 2024
jazzman7711:
Abeg will you get lost!

Who are you to say what will happen or not happen?

Idiot small kid on internet who thinks he knows something.

I don’t even regard you as a Nigerian.

GET LOST, YOU DIRTY IPOB OUTCAST.

Go and prepare for your Monday Sit At Home.
Why is it that anybody that tackles the effortless effort of Tinibu is automatically an IPOBhuh

Is this how devilish and myopic you lots are over there in this TINUBU Administrationhuh
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by damoobaba: 3:31pm On Dec 28, 2024
SalamRushdie:
Rest , your IQ is too low to understand this ...again I ask you why would China want to directly exchange Naira for RMD? Buhari tried this and knew it was beautiful nonsense, the naira is too unstable and unpopular for anyone to want to Bleep with but again your IQ is too low to ever get this
Its clear your fooooxoOOOooxlixness is INHERITED. But china is directly exchanging their yuan for Naira. We may do same for the Indian and German currencies soon. Dollar is overated.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by PressMyButton: 3:32pm On Dec 28, 2024
SalamRushdie:
Say something intelligent and counter me , prove to me that you are more educated 😅🤡

In 2016 Buhari announced this same nonsense, how did it go them ode.... typical empty headed APC clown, if you like don't go to bourdillon and hustle rice for your poor mother
Was it activated?, Did Buhari follow through?. Buhari buckled under US pressure. Look at Jagaban na, is there anything he signs that he won't do?.
If you said Buhari didn't make it happen, it is different from sitting your lazy ass down somewhere and saying "beautiful nonsense", naira has no value outside the borders" & all dirty talks like an illiterate.
This is Jagaban, not Buhari. Abeg shift.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by CodeTemplarr: 3:39pm On Dec 28, 2024
If not for stolen goods n scraps, what do we buy from America.?
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by morgstreme: 3:39pm On Dec 28, 2024
SalamRushdie:
Counter what I said with something intelligent and stop rambling.... My dad is retired senior military officer and my mum's retired Director of civil service ...can I meet your parents 😅😅😅...empty headed clown
You are a BIG UNINTELLIGENT TOECHECUL!

I don't counter DUNDEES like you..

I suffer fools like you GLADLY!
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by Xendre22: 3:41pm On Dec 28, 2024
jazzman7711:
The comment shows very poor education, a total lack of understanding of the issue under discussion, pitiful economic illiteracy, and zero analytical ability.
at the end you are talking nonsense, it add no value the hell called Nigeria
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by morgstreme: 3:41pm On Dec 28, 2024
SalamRushdie:
Counter what I said with something intelligent and stop rambling.... My dad is retired senior military officer and my mum's retired Director of civil service ...can I meet your parents 😅😅😅...empty headed clown
See MEDIOCRES!

Your parents even worked,hand-to-mouth for a living .

Mtchewww..
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by Mexyz(m): 3:43pm On Dec 28, 2024
jazzman7711:
The comment shows very poor education, a total lack of understanding of the issue under discussion, pitiful economic illiteracy, and zero analytical ability.
So many grammar without educating the person you quoted.

Educate him since he does not know the 'issue under discussion'.

The truth is our naira is useless outside the borders of this country.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by Richie6(m): 3:48pm On Dec 28, 2024
Lanretoye:
since they can't fix it with the yuan,pls tell us how they can fix it.
They should take back to where they met it.
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by chidifrank(m): 3:50pm On Dec 28, 2024
Hussein035:
You see all those sit at home people. They are very useless that they don't want anything to succeed in Nigeria and that's why their region is so backward

As long as anyone hate their country such person will never succeed in life until you are able to leave such country
you that like your country how old are you now and since you were born till date ,what has your likeness done to your country to make it well?
You that your region is forward and not backward, how has your forward region made Nigeria Great since you were born till now?
You that don't sit at home every Monday, what has your going to work on Monday done to the progress of Nigeria till date ?

Dont you see that you have been busy doing nothing since even before your grandparents were born down to the year of independence and now down to this year you are on nairaland posting this?
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by chidifrank(m): 3:54pm On Dec 28, 2024
PressMyButton:
Was it activated?, Did Buhari follow through?. Buhari buckled under US pressure. Look at Jagaban na, is there anything he signs that he won't do?.
If you said Buhari didn't make it happen, it is different from sitting your lazy ass down somewhere and saying "beautiful nonsense", naira has no value outside the borders" & all dirty talks like an illiterate.
This is Jagaban, not Buhari. Abeg shift.
This is jagaban, one year don pass , still no doings.
How daft can you keep on going my friend ?
Because he is a yoruba man? Well that jagaban no even send you , your past, your present and your future if you will have anything called future :- undecided
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by SalamRushdie: 3:54pm On Dec 28, 2024
morgstreme:
See MEDIOCRES!

Your parents even worked,hand-to-mouth for a living .

Mtchewww..
Former Military Administrator, former GOC , former Board chairman, the man try pass any man from your lineage na and even me I am still out performing the men in your lineage because what I have achieved so far no man for your lineage fit achieve am
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by commoditiesnig(m): 3:56pm On Dec 28, 2024
Good development.. Less pressure on USD

fuckJones:
stupidity reside in your brain, Nigeria is the major importer of Chinese products, why should we use dollars instead if yuan that is cheaper
Very true
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by chidifrank(m): 3:58pm On Dec 28, 2024
Basic123:
I can't believe I mistakenly liked this stupid comment.
Chai! 😆

You hate the president and your intelligence disappeared.
You can hate the president and still have functioning brain now
You that like and deeply love the president and love the hardship in town , if you see free visa now or some ways to take travel out, am sure you will even use your parents do sacrifice just to leave this country and president you like and love
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by bobby007(m): 4:00pm On Dec 28, 2024
SalamRushdie:
Read what you wrote again and you will agree your IQ can never pass 67
you be mumu
Re: Nigeria Snubs Dollar. Renews ₦‎3.2 Trillion Currency Swap With China by bobby007(m): 4:01pm On Dec 28, 2024
descarado:
China business in Nigeria does not reach for currency swap.

Buhari started this nonsense. Nigerian didn't feel it. They repeatedly asked how far with the swap,no answer till he left office.
Tinubu has continued from where he stopped.
This might be the last we hear of this again
Tinubu is different from buhari
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