NAIRA CAN NOW BE USED FOR TRADE IN UK

Naira has been added to the list of currencies used in UK

The United Kingdom’s credit agency has declared naira as one of the international currencies to be used in her transactions. Hence, naira is an acceptable currency for business transactions in UK .

This step will increase trade and investment between both countries and shows the worth of Nigeria to UK.

UK will fund 85% of projects containing at least 20% British content. Interested persons can contact UK Department for International Trade in Nigeria for counsel.

With the current development, Nigerian and British businesses can benefit each other.

This brings the total number of pre-approved currencies to 62. Prior to about 43 pre-approved currencies. Hence, Nigeria is now the tenth African country and third West African country on the list.

See the full list of recently added additional 19 currencies below:

1. Bulgarian Lev
2. Colombian peso*
3. Croatian kuna*
4. Dominican peso*
5. Ghanaian cedi*
6. Jordanian dinar*
7. Kazakhstani tenge*
8. Mongolian togrog*
9. Moroccan dirham*
10. Nigerian naira
11. Pakistani rupee*
12. Panamanian Balboa
13. Philippine peso
14. Romanian Leu
15. Serbian dinar*
16. Sri Lankan rupee*
17. New Taiwan dollar
18. Trinidad & Tobago dollar
19. Vietnamese Dong