The Central Bank of Nigeria has introduced the yuan to Nigerians importing goods from China – The apex bank is wooing local business owners to use the yuan when importing from China – According to the bank, using …
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For the country to achieve full benefits from the recent currency swap deal, it must develop competitive advantage in the production of certain exportable goods that China currently imports, the Head, Research, FSDH Merchant Bank, Ayodele Akinwunmi has said.
Although the deal, …
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Premium Times reported that the Central Bank of Nigeria (CBN) in 2014 disclosed that Nigeria spent an average of N800 Billion annually on the importation of rice. Unofficial import receipts through the Cotonou corridor was not captured in the CBN figure.
But the business of importing rice, a...
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