The currency swap which was originally signed in 2018, was aimed at addressing liquidity challenges for businesses in both countries and facilitating trade in their respective currencies.

The currency-swap framework was first established in May 2018, when the Central Bank of Nigeria and the People’s Bank of ...

China’s middle class consumers have been tightening their ... pancakes and cakes – for 199 yuan (US$27.39) a head. The ...

China has approved the construction of the world's largest dam on the Brahmaputra in Tibet, close to the Indian border. This ...

Nigeria and China have renewed their currency swap agreement worth 15 billion yuan ($2 billion), a move expected to ...

China’s car market, and particularly its EV sector, has been characterized by intense rivalry that’s spawned price cuts and ...

Within the sports industry, the marathon race industry has one of the highest growth rates. Among the 699 road races held in ...

Analysts believe things will slow down next year in the luxury EV market due to weak demand and dwindling troves of cash.

TANG XIAOBO/FOR CHINA DAILY China's northern regions are turning ice, snow and cold weather into golden opportunities, with ...

Chinese investors are doubling down on dividend stocks as 2024 draws to a close, with flows into a pair of the largest ...

The Control Yuan has censured the Executive Yuan for dereliction of duty and lack of law enforcement after a private firm was ...

China and Nigeria have renewed a 15 billion yuan ($2 billion) currency-swap arrangement designed to boost trade and ...