Nigeria: CBN Issues Guidelines for China-Nigeria Currency Swap Deal

The Central Bank of Nigeria (CBN) on Friday published the long-awaited regulatory guidelines for prospective operators under the bilateral currency swap agreement between Nigeria and China.

The guidelines titled: "Regulations for Transactions with Authorised Dealers in Renmnbi" was signed by CBN Director, Financial Markets Department, Alvan Ikoku, and published on the bank's website.

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