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Analysts highlight risks of Yuan/Naira currency swap As Credit to private sector slows to N22.44tr in March. Says Excess liquidity to persist as TBs record N808bn oversubscription. Last week the CBN announced the execution of a $2.5 billion currency swap agreement with the Peoples Bank of China (PBoC), aimed at enhancing trade relations between ...
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Naira/Yuan swap: A major Chinese footprint on Nigeria's economy Henry Boyo. Central Banks, the world over, have responsibility for ensuring that a nation's currency reserves are held in instruments, which would protect the domestic value of income and savings. Indeed, every CBN Governor recognises this responsibility, but the actual spread of such holdings was ...
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