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The Nexus
BUSINESSJul 15 · 17:04 UTCTHE RIO TIMESSamuel Ncube

Nigeria Pushes Yuan and BRICS Currencies to Ease Dollar Pressure

Nigeria renewed a CNY 15 billion (US$2 billion) bilateral swap line with China to settle trade in naira and yuan. Nigeria also joined BRICS as a partner country, gaining access to the New Development Bank.

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NigeriaplaceChinaplaceBRICStopicNew Development BankorganizationNairatopicyuantopic
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Nigeria Pushes Yuan and BRICS Currencies to Ease Dollar Pressure · The Nexus