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Again, President Buhari Calls The Change Of CFA To Eco “A Risky Move”, Calls For Another Meeting

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Again, President Buhari calls the change of CFA to Eco “A Risky Move”, calls for another meeting to embark on peacefully deliberation.

Nigeria Calls for a Delay in the Creation of the Eco Currency for the West African Region.

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Nigeria, the country with the largest economy in Nigeria on Monday called for a delay in the launch of a region-wide currency which was scheduled for launch in 2020. Nigeria claims that it’s reasons behind the call for a delay…

Crypto Weekl Review: BFX BitPesa, the First Crypto Service Provider to Secure Remittance License From the Central Bank of Uganda.

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BFX BitPesa, the First Crypto Service Provider to Secure Remittance License From the Central Bank of Uganda. WAMZ Including Nigeria Rejects the Change of CFA Franc to Eco Currency. The First Successful Blockchain based Electronic Voting in African University System…

West African Monetary Zone Including Nigeria Issued a Statement Rejecting the Change of CFA Franc to Eco Currency.

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Eco Currency Following the meeting on thursday, Members of the West African Monetary Zone (WAMZ) strongly condemned the decision by the French-speaking West African states to rename the CFA Franc as “Eco” by 2020. The issue was raised during the…

Weekly Crypto Overview: Fintech Nigeria Final Roadmap Report Calls Cryptocurrency a Security or Commodity. 

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In this week’s overview on cryptocurrency news in Nigeria, fintech association of Nigeria final roadmap report records cryptocurrency not as a currency but as a security or commodity.  This calls for regulations which will be issued the same way other…

Federal Government of Nigeria Reacts to the Change of CFA Currency to Eco Currency Proposed by ECOWAS

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The Federal Government of Nigeria through it’s Ministry of Finance, Budget and Planing issued a Press Release saying that the government is studying the situation and will respond in due course.  The release letter reads: “Nigeria has received the news…

[Weekly Crypto Overview]: Different Measures and Plans Being Put In Place To Avoid Crypto Scam In Nigeria

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The most discussed issue this week in Nigeria centered on making the country safe from cryptocurrency scam. New measures and plans were discussed to avoid crypto scam in Nigeria.  This week on our weekly cryptocurrency roundup. We will be looking…

ECOWAS To Launch A Unified Currency For The Region In 2020.

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From the information gathered at the ECOWAS headquarters in Abuja. Every details for the launch of the unified currency for the region by the sub-regional body’s Macroeconomic Policy and Economic Research Department is being strengthened. Under the current arrangement, all…

ECOWAS Gives Update On A Unified Single Currency For The Region

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Chairman of the ECOWAS Council of Ministers, Mr Geoffrey Onyeama says achieving the ECOWAS Single Currency by 2020 will be a challenge. Onyeama said this while responding to questions from newsmen at the end of the 54th Ordinary Session of…