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CBN chief to seek easier payment deals with China

Nigeria's central bank governor will pursue stronger cross-border payment arrangements with China during an upcoming Beijing visit to deepen financial cooperation.

The Central Bank of Nigeria (CBN) Governor Olayemi Cardoso said Nigeria will pursue stronger cross-border payment arrangements with China during an upcoming visit to Beijing. Both countries aim to deepen financial cooperation and support bilateral trade and investment, the CBN said.

The visit represents an effort to make it easier for Nigerian and Chinese businesses and financial institutions to conduct transactions across borders, strengthening economic ties between the two nations.