Business
Envoy ‘in talks’ with Chinese banks to establish operations in Nigeria
Cui Jianchun, Chinese ambassador to Nigeria, says there are ongoing talks with Chinese-owned banks to establish operations in Nigeria.
Jianchum said the move would boost Nigeria’s economy and expand trade relations between the two nations.
He spoke with journalists on Tuesday in Abuja during the commemoration of the 2021 Chinese moon festival and China-Nigeria cultural week.
“Before my departure from Beijing to Abuja, I talked to several banks in China. When you list the world’s 10 big banks, six are in China,” NAN quoted Jianchun to have said.
“The banking sector is very important because without money, we cannot build our industries.
“What I am thinking here is best to talk to the governor of Central Bank and how we can allow the Chinese Banks to run office here and now, they are doing the feasibility studies on that.”
The ambassador said the establishment of Chinese banks in Nigeria will be one of the key areas of discussion during the China-Nigeria binational committee meeting.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
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