
China and Nigeria to conclude trade in Naira over US Dollars
Lately, the naira is screaming “na dem dey rush us” and surprisingly, it’s Chinese traders doing the rushing. Yep, the President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadebe reported that many Chinese businesses in Nigeria are now swapping yuan for naira , instead of reaching for dollars like before.Naira…