Nigeria Agrees to Begin Currency Swaps With China

Source: thedailycoin.org

Since the launch of the Chinese oil futures contracts Iran, Qatar and Venezuela have made agreements to participate in oil swaps. On May 3, Nigeria signed an agreement with China to set up a currency swap. This is an initial step prior to setting up oil swaps.

According to Sputnik News

“The Central Bank of Nigeria (CBN) has signed a currency swap deal worth about $2.5 billion with the People’s Bank of China to provide adequate local currency liquidity for transactions between national businesses, The Punch newspaper reported on Thursday, citing a high-ranking official from the Central Bank of Nigeria (CBN). The deal that is the result of two-year tense talks, aimed at facilitating bilateral trade, investments and strengthening of the financial stability of both nations as well as reducing difficulties related to the use of third currencies in mutual business transactions”.

If / when Nigeria agrees to trade with China, this will be the fourth OPEC nation to leave the petrodollar likely soon to be followed by more countries. As the Chinese oil future contracts gain traction, it will be an alternative to the petrodollar. With current sentiments about the US’s blatant corruption, it is almost a given countries will move swiftly to ditch the dollar.

Source: thedailyeconomist.com

How Nigerians can Exchange their SBDs to Naira

image

IF you are Nigerian and you are on steemit looking for a means to withdraw your steem dollar to cash in a reasonable rate. I think this post will help you on ways to converting your SBD to Naira.
.


To Begin using the escrow service by@airhawk-project, you need to Join their telegram group that will connect you with different people who might be interested in giving you instant cash for your SBDs.follow the link here to join there telegram group
https://t.me/airhawkexchange


HoW TO FIND A BUYER).
Once announced, a user interested in buying your steem dollar will signify and tell you how much he/she is willing to pay per SBD.


If you agree with the buyer’s rate/price on your SBD, simply send the stipulated amount of SBD to @airhack-project using the buyer’s steemit username as memo


Now, send in your bank account details notifying the user of the payment you have made. The buyer verifies that you have transferred the SBD to @airhawk-project and sends your money at the agreed rate x the amount of steem dollar, through your bank account.


Once cash have been received in naira, confirm payment by notifying the buyer/group that you have received your money. @airhawk-project in turn releases sold sbd to buyer and the process comes to a clean end.thanks for reading

NIGERIA ARE WE LAZY?!!!!!!

IMG_20180421_054435.jpg

It was bad enough that the president spoke in an international event where other nationalities were present, It was bad that President would speak so of younger Nigerians who put their lives on the line to install buhari goverment I am not surprised to see that kind of statement coming out from the mouth of so called President, because the government does not believe in the Nigerian youths from inception.

“If you look at the arrangement, the appointment, and how the government relates with the youths of this country, you will see that they do not have respect for the Nigerian youths despite the contributions of the youths. We put our lives on the line to fight against the previous government but when it comes to sharing the goodies of government, the youths are nowhere to be found.
“We are completely disappointed in Buhari
Nigerians its time we fight for our rights, let vote right let vote for the right person,
President buhari is not worthy of our vote
Let us show him we are not lazy.
Despite the hard working of the youth !
IMG_20180421_052831.jpg

This is the picture of the jobless people hawking on the street yet our president says we are LAZY!!
IMG_20180421_052853.jpg
2019 is another oppourtunity Lets vote out Buhari and Vote in the the right person
NOTE; Our vote is our power

Stish Social Portal

FREE
VIEW