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Naira Vs Yuan Swap Deal

CENTRAL BANK OF NIGERIA HAVE FINALLY SIGNED THE CURRENCY SWAP DEAL IT'S WORTH! READING... IN CASE YOU DON'T UNDERSTAND   I know Most of You don't know the meaning of Nigeria dollars, yuan swap with China.. And why American government is desperately smoothing the relationship with Nigeria.   Soon you will be buying that techno phone you bought at N80,000 for N12,000.   The Central Bank of Nigeria have finally signed the currency swap deal we have been expecting for the past 2 years into existence with the Chinese government.   The importance of this is that since almost 70% of the goods we import come from China and Asia and 12% America why must we use Dollars to transact with China? from now instead of using dollars at N350 to 1dollar to import those goods, we can now buy Yuan at 47 naira to 1 Yuan and import those stuffs directly.   Instead of buying these goods in dollars in China, we will now buy them in Yuan which is 5times cheaper than ...

THE GIANT OF AFRICA

  NIGERIA 🇳🇬   Motto: Unity and Faith, Peace and Progress. T he name Nigeria was taken from the Niger River running through the country. This name was coined in the late 19th century by British journalist Flora Shaw, who later married Lord Lugard, a British colonial administrator. The origin of the name Niger, which originally applied only to the middle reaches of the Niger River, is uncertain. The word is likely an alteration of the Tuareg name egerew n-igerewen used by inhabitants along the middle reaches of the river around Timbuktu prior to 19th-century European colonialism T he country has a landmass of  923,768 km2 (356,669 sq mi). And it extended 1,300km from east to west, and 1,100km from north to south.  Nigeria got it independence from the United Kingdom on 1st, October 1960, and it was declared republic on 1st, October 1963, but succumbed to military rule three years later after a bloody coup d'état. A separatist movement later formed ...

SixOneGeo

Earth 🌏  Good Morning, you are all welcome to SixOneGeo Blog. This is a new blog created today, this blog will serves as a means of sharing of information about the Geographic world. Geography as a course is a mother of all courses, the world can't do without geography. Geography deals with spatial interactions, so you can see geo deals with everything in this world...