Stats: 3,183,622 members, 7,921,330 topics. Date: Wednesday, 14 August 2024 at 11:06 PM |
Nairaland Forum / Nairaland / General / Investment / Central Bank Of Nigeria Have Finally Signed The Currency Swap Deal* *it's Worth (649 Views)
The Currency Situation In Nigeria By Emeskhalifa / After So Many Fake Ones I Have Finally Found The Legit One Without Fake Promises / Would You Like To Trade The Currency Market Like The Big Boys? Come Right In! (2) (3) (4)
Central Bank Of Nigeria Have Finally Signed The Currency Swap Deal* *it's Worth by ogundokun: 9:06pm On Jul 06, 2018 |
*...* *IN CASE YOU DON'T UNDERSTAND.* I know Most of You don't know the meaning of Nigeria dollars, yuan swap with China.. And why American government is desperately smoothing the relationship with Nigeria. Let's me get it clearer to you before the enemies of Progress twist it for you. Soon you will be buying that techno phone you bought at N80,000 for N12,000. This is why even the oppositions, haven't say anything about it. The Central Bank of Nigeria have finally signed the currency swap deal we have been expecting for the past 2 years into existence with the Chinese government. The importance of this is that since almost 70% of the goods we import come from China and Asia and 12% America why must we use Dollars to transact with China? from now instead of using dollars at N350 to 1dollar to import those goods, we can now buy Yuan at 47 naira to 1 Yuan and import those stuffs directly. Instead of buying these goods in dollars in China, we will now buy them in Yuan which is 5times cheaper than dollars. As usual, another giant stride which Print Media, Electronic Media and Nigerian looters will not report or allow you to understand this victory over supremacy of dollars in our daily lives and economic activities. Up coming reality is that from tomorrow, try to monitor exchange rate. Some of those guys who hoarded foreign currencies to make gains will off load them in order not to have heart attack over their huge loss arising from the currency swap deal with china. Dollars and pounds will flood everywhere with no buyers, as the buyers will draw naira from their accounts in banks with presence in China. Many NIGERIA banks will be seeking to have their representative office in China like first bank who saw to the future and already have office in China. Inflation will go down drastically because of the price of commodities that will drop. |
Re: Central Bank Of Nigeria Have Finally Signed The Currency Swap Deal* *it's Worth by Minjim: 9:11pm On Jul 06, 2018 |
Good one |
Re: Central Bank Of Nigeria Have Finally Signed The Currency Swap Deal* *it's Worth by African101(m): 9:11pm On Jul 06, 2018 |
I reserve my comment till then |
Re: Central Bank Of Nigeria Have Finally Signed The Currency Swap Deal* *it's Worth by Ever8054: 9:18pm On Jul 06, 2018 |
I trust Buhari ....very soon the Chinese yuan abi wetin you call am sef!!...will rise to 500 naira to one Chinese yuan.... 1 Like
|
Re: Central Bank Of Nigeria Have Finally Signed The Currency Swap Deal* *it's Worth by countryfive: 9:40pm On Jul 06, 2018 |
African101: Abi o! Nigeria govt don overdecieve the people |
Re: Central Bank Of Nigeria Have Finally Signed The Currency Swap Deal* *it's Worth by Heartbender: 10:18pm On Jul 06, 2018 |
Opposition how? A move begun by GEJ? Relax with your gaslighting |
(1) (Reply)
Get Loan At A Very Lowest Interest Rate 2.16% Monthly / Investment / buy and own lands in iju or ogun state become land owners today
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 13 |