Central Bank of Nigeria (CBN) Governor Godwin Emefiele says will its launch digital currency eNaira in a couple of days. The move followed Nigeria banning banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in February this year.
West African Nations Sever Common Currency to France and Euro
Eight West African countries have agreed to sever a common currency from France. The countries have agreed to change the existing bloc currency to Eco from CFA Franc and sever currency ties to its old colonial master. The announcement was made by France’s President Emmanuel Macron and Ivory Coast President Alassane Ouattara at a joint news conference at the Petit Palais in Abidjan on December 21, 2019. Ivory Coast is the world’s top cocoa producer and France’s former main colony … Continue reading “West African Nations Sever Common Currency to France and Euro”