Tag: Eco
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Nigeria, Ghana, Others Reject Renaming of CFA to ECO
The adoption of ECO currency by eight French speaking countries in West Africa has been kicked against by six English speaking nations in the region; Nigeria, Ghana, The Gambia, Liberia, Sierra Leone and Cameroon. Countries under the Economic Community of West African States (ECOWAS) had in July 2019 agreed to adopt a single currency with…
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ECOWAS adopts name for single currency in West Africa
The Authority of ECOWAS Heads of State and Government on Saturday adopted ECO as the name of the single currency to be issued in January 2020. The leaders at their 55th Ordinary Session in Abuja endorsed the name while congratulating the Ministerial Committee on the Single Currency for the considerable progress recorded in the implementation…