CBN swaps $2.5b with China

By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has executed a $2. 5 billion bilateral currency swap agreement with the Peoples Bank of China (PBoC).

The Governor of the CBN, Mr. Godwin Emefiele, led CBN officials while PBoC Governor, Dr. Yi Gang, led the Chinese team at the official signing ceremony in Beijing, China, last Friday, the apex bank has said. SIGNED: Mr Godwin Emefiele

 Governor, Central Bank of Nigeria (CBN).

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