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Currency

Police arrest man over alleged possession of fake currency

The Police in Jigawa have arrested a 33-year-old man over alleged possession of fake currency in Kazaure Local Government Area of the state. The police spokesman in the state, SP Abdu Jinjiri, confirmed the arrest to the News Agency of Nigeria (NAN) in Dutse on Thursday. READ ALSO:Six suspected robbers arrested in Aba Jinjiri said […]

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Receiving money transfers in foreign currency detrimental ― CBN

The Central Bank of Nigeria (CBN) says receiving international money transfers in foreign currencies by Nigerians is detrimental to the Naira. Ms Ozemena Nnaji, Director, Trade and Exchange in the apex bank, told the House of Representatives Committees on Diaspora, Banking and Currency, and National Planning at an investigative hearing on Thursday in Abuja. The […]

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West African Single Currency: Why Nigeria should tread cautiously

By Sani Ibrahim Paki IN their efforts to promote economic integration and harmonise trade and investment in their region, the 15 member states of the Economic Community of West African States, ECOWAS, on Saturday, June 29, 2019 agreed to replace their respective domestic currencies with a new one called ECO. The Heads of State of […]

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EFCC Arrests Two Verified Currency Counterfeiters  In Abuja

Badamosi Sule, Mohammed Operatives of the Abuja Zonal Office of the EFCC has two men for suspected to be money-doublers. The men Badamasi Sule and Muhammad Muhammad, have been arrested for owning counterfeit Naira notes totalling about N45million. Read Also: How Nigerian Businessman was Tricked by Money Doublers Who Duped Him N3million (Must Read) The men […]

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BREAKING: English-speaking ECOWAS countries reject Francophone ‘Eco’ currency

Six English-speaking countries of the Economic Community of West African States (ECOWAS) has rejected the Eco currency adopted by eight francophone countries. The countries adopted the currency through their union, West African Economic and Monetary Union. The countries reached their decision at a council meeting of finance ministers and central bank governors that held in […]

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Like Nigeria, Ghana adopts caution on ECOWAS single currency

The Ghanian government says it will proceed with caution before adopting the single currency proposed by the Economic Community of West African States (ECOWAS) — days after endorsing the adoption of Eco by eight countries in the subregion. At its 55th ordinary session in July, the heads of the 15-member countries had agreed to launch […]

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ECOWAS Presidents to meet on single currency regime Dec. 21

<p class="">Presidents of Economic Community of West African States (ECOWAS) are to meet on December 21 in Abuja to consider recommendations on the proposed single currency regime for the sub-regiom</p> <h1>Nigeria Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed disclosed this on Saturday in Abuja at the end of the meeting of Ministerial […]

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Bank of Ghana planning to introduce a digital currency, E-cedi, here’s why

<p class="">The Bank of Ghana has revealed that it will introduce digital activities in order to meet the modern trend as far as technology is concerned.</p> <p class="">According to the Governor of the Central Bank, Dr Ernest Addison, the central bank is in discussion with key stakeholders to explore a pilot project (in a sandbox […]

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LagosMums presents its 6th Annual Parenting Conference & Exhibition themed ‘Creativity – The Currency of the Future’| October 12th

LagosMums presents it’s 6th Annual Parenting Conference and Exhibition. Register here to attend. LagosMums annual parenting conferences are highly anticipated and well-attended. The parenting conference discusses the most trending and relevant topics when it comes to raising children today. The Theme this year is ‘Creativity – the Currency of the Future’. This will be the importance […]

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Taye Currency Makes Surprise Appearance At Ariya Repete Selection Party In Ibadan.

Guests at the Ariya Repete selection party in Ibadan were pleasantly surprised when Fuji sensation, Taye Currency made a surprise appearance. The renowned Fuji singer graced the stage and delivered a wonderful performance, much to the delight of all in attendance. Taye Currency, and the Seneior Brand Manager of Goldberg & Life Lager, Maria Shadeko […]

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ECOWAS single currency: Heads of State to make final decision in June

ABUJA—Heads of State of the Economic Community of West African States, ECOWAS, will make a final decision on the operational take-off of a single currency soon. Continue reading ECOWAS single currency: Heads of State to make final decision in June at Vanguard News.

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