Reps move to revive Yuan/Naira swap deal

The House of Representatives is moving to revive the Bilateral Currency Swap Agreement (BCSA) signed between Nigeria and China.

The lower chamber, on Wednesday, resolved to liaise with the Central Bank of Nigeria (CBN) to speed up the implementation of the currency swap deal.

This resolution followed a motion moved by Jafaru Leko (APC, Bauchi) during plenary.