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.
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.
The president of Nigeria Muhammadu Buhari in a national broadcast on Sunday night gave directives to state governors of Lagos, Ogun, and the Federal Capital Territory minister to shut down all businesses and commercial activities while residents are compelled to stay at home. Africa’s most populous nation have 36 states and a federal capital territory… Continue reading Abuja and Lagos goes into lockdown amid rise in Covid-19 infection rate..