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Downside risks in Nigeria, China’s $2.5bn currency swap deal

PUBLISHED: Mon, 14 May 2018 14:18:12 GMT

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FSDH merchant bank say, while Nigeria’s 2.5 billion dollar currency swap deal with China may improve foreign exchange stability it does present some downside risks as well. Ayodele Akinwunmi, Head of Research at FSDH Merchant Bank joins CNBC Africa for a cost benefit analysis of the agreement and to discuss the factors that could impact trading in Nigeria’s equities space this week.


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