The document discusses Nigeria's currency swap deal with China. It explains that the deal involves Nigeria depositing a portion of its foreign reserves in yuan with China's central bank in exchange for an equal amount in yuan. This will allow Nigerian importers to pay for Chinese goods in naira and Chinese exporters to pay for Nigerian oil in naira. While the deal could boost trade between the two countries, it may increase Nigeria's economic dependence on China and will not directly strengthen the naira or curb inflation in Nigeria. The deal may also lead to more Chinese imports and investment in Nigeria.