The Economic Community of West African States (ECOWAS) has insisted it will stick to its plan to launch its regional currency, the Eco, by 2027. ・ECOWAS plans to launch the regional currency ECO by ...

With continued dialogue and diplomatic efforts, the dream of a unified West African economy remains within reach. Speaking at the 1st Extraordinary Session of ECOWAS for 2025 in Lagos, Barau ...

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals that the first phase could exclude UEMOA’s eight CFA-franc countries. Nigeria and Ghana, key candidates for ...

While the Eco remains a near-term, regionally grounded initiative under ECOWAS, Nigeria also stands at the centre of continental discussions, including hosting a future African Central Bank.

The Chairman of the ECOWAS Council of Ministers, Mr Geoffrey Onyeama says achieving the ECOWAS Single Currency by 2020 will be a challenge. The chairman, who is Nigeria’s Foreign Affairs Minister, ...

Nigeria has urged West African Ministers of Finance and Central Bank Governors to uphold fiscal and monetary discipline, revealing that security challenges, inflation and global economic disruptions ...

China’s plans to scrap import tariffs for almost all African countries by the first of May this year, this comes as West ...

In recent weeks, social media platforms have been awash with alarming claims that the Nigerian naira would cease to exist by 2027. It would be replaced by a ...

A viral claim circulating widely on WhatsApp, TikTok and other social media platforms suggests that Nigeria will abolish the naira and replace it with a regional currency called the “Eco” in 2027.

Influencer has gone viral after sharing plans to replace the Nigerian Naira with a single Eco currency across West Africa starting 2027.

The Deputy Speaker of the House of Representatives, Benjamin Kalu, on Monday called for an urgent transition from what he described as “paper integration” to practical, results-driven cooperation to ...

A social media influencer who goes by the name Flora the Digital Banker has set the internet ablaze with a viral video in which she claims that Nigeria and eleven other West African nations are on ...