We Will Renew 15 Billion Yuan Currency Swap Deal With China Next Year, CBN Replies Falana

The Central Bank of Nigeria (CBN) said of its 15 billion yuan currency swap agreement with the Peoples Bank of China (PBoC), about 3 billion yuan has not been utilised.

This disclosure is coming after Femi Falana, a Senior Advocate of Nigeria alleged that the CBN is yet to renew its currency swap agreement with China.