Nigeria, Africa’s largest economy, launches digital currency eNaira

Nigerian President Muhammadu Buhari launched the country’s new digital eNaira currency on Monday as Africa’s largest economy looked to tap into the growing popularity of virtual money and cryptocurrencies.

President Alpha Conde detained in military coup by Guinea Special forces..

The head of the special forces in Guinea, Mamady Doumbouya a former French foreign legionnaire said on state television “We have dissolved government and state institutions,” he added “we are going to rewrite a constitution together.” There were reports of rapid gunfire near the presidential palace in the capital Conakry early hours of Sunday and… Continue reading President Alpha Conde detained in military coup by Guinea Special forces..

Nigeria Concerned as UEMOA Adopts ECO ahead of the rest Ecowas members.

The UEMOA zone countries of the Ecowas monetary union comprising Benin, Burkina Faso, Côte d Ivoire, Guinea Bissau, Mali, Niger, Senegal and Togo are going ahead to replace its CFA currency with the new Eco currency ahead of the rest member states. Nigerian president Muhammadu Buhari expressed displeasure over this sudden move by the UEMOA… Continue reading Nigeria Concerned as UEMOA Adopts ECO ahead of the rest Ecowas members.