"The rising oil prices as a result of tension in the Persian Gulf and the increasing trade wars between two world economic giants, China and America will help to take the naira to the next level of stability", the chief of the Association of Bureaux De Change Operators, Alhaji Aminu Gwadabe has said.
'U.S., China Trade Wars Good for Naira Stability - Gwadabe
This Day, 22 May 2019
The trade wars between the United States of America (US) and China have led to higher crude oil (Brent) prices, which is good for the naira and Nigerian economy, the President,… Read more »
Beware of China's New Colonialism
allAfrica, 21 May 2019
America is slowly awakening to the growing menace of China's plans for economic supremacy. Read more »
Naira (file photo)
The IMF has cautioned that if loans are taken from China, that the terms and conditions are strictly followed according to the guidelines set by the Paris Club, an informal group ... Read more »
The Central Bank of Nigeria has said it will exchange N720 billion for 15 billion Chinese Renminbi (Yuan) in three years under the U.S.$2.5 billion bilateral currency swap with the ... Read more »
Huawei officials have said that the company has a similar vision to the Chinese government to expand in Africa. This comes ahead of a decision by the Trump administration to ban ... Read more »
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