The Rand Merchant Bank Nigeria (RMBN) and the Nigeria-South Africa Chamber of Commerce (NSACC) at a breakfast meeting in Lagos, explored ways to enhance bilateral trade and investment opportunities between Nigeria and South Africa with a possible swap deal on Naira and South African Rand.
At the event held recently in Lagos, the Managing Director and CEO Financial Derivatives Company Limited, Bismarck Rewane, stated that 1.22 per cent of Nigeria's import were from South Africa, while 4.5 per cent of its exports goes to South Africa, showing a lopsided trade relationship.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article