February 9, 2018 / 4:00 PM / 6 months ago

Britain to add Nigeria's naira to list of accepted trade currencies

LAGOS, Feb 9 (Reuters) - Britain’s export finance agency will add the naira to its list of “pre-approved currencies”, allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency.

The naira will become one of three West African currencies that UK Export Finance has pre-approved for its programme of funding transactions that promote trade with Britain, it said. (Reporting by Alexis Akwagyiram; Writing by Chijioke Ohuocha; Editing by Peter Graff)

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