CBN Moves to Tackle Nigeria-China Payment Barriers

CBN Moves to Tackle Nigeria-China Payment Barriers

Central Bank of Nigeria Governor Olayemi Cardoso gathered bankers, fintech founders, and commercial traders at the Pan Pacific Beijing this week to dismantle the chronic payment bottlenecks choking trade with China. Nigerian merchants buy billions of pounds worth of manufactured goods from Chinese suppliers every single year, yet still endure circuitous, third-party dollar clearing routes…

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Nigeria and Türkiye Sign Bilateral Mining Pact

Nigeria and Türkiye Sign Bilateral Mining Pact

Nigeria and Türkiye have signed a memorandum of understanding to deepen bilateral cooperation in the solid minerals sector. Minister of Solid Minerals Development Dele Alake and Turkish Minister of Energy and Natural Resources Alparslan Bayraktar finalised the agreement in Istanbul. The pact updates an inactive framework first established between the two nations in 2021. Both…

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