The Maritime Reporters Association of Nigeria (MARAN) is set to host a crucial breakfast meeting to discuss the Nigeria-China Currency Swap Deal, a pact aimed at facilitating bilateral trade by providing Naira liquidity to Chinese businesses and Yuan liquidity to Nigerian businesses.
This move seeks to reduce reliance on foreign currencies for transactions, promoting smoother trade between the two nations ¹.
Key Details
Date : Tuesday 15th of April 2025
Time: 10:00 AM
Venue:: Rockview Hotel, Apapa, Lagos
*Theme:* “Navigating the Nigeria-Peoples Republic Of China Currency Swap: Opportunities and Challenges for Import, Export and Maritime Business”
Expected Attendees:
Government Representatives*: Central Bank of Nigeria, Federal Ministry of Finance
Private Sector Stakeholders*: Nigeria-China Strategic Partnership, importers, exporters, maritime operators, trade organizations
Chinese Embassy*: Officials have confirmed attendance
Industry Leaders*: Chairman of the Customs Consultative Council, Aare Hakeem Olanrewaju, Association of Nigerian Licensed Customs Agents (ANLCA)
Meeting Objectives:
Examine implications of the currency swap deal on import, export, and maritime businesses
Foster better understanding of the deal’s impact on stakeholders
Provide insights for navigating opportunities and challenges in the currency swap deal
The meeting promises to be a valuable platform for critical stakeholders to discuss the Nigeria-China Currency Swap Deal and its potential effects on the maritime industry .
