Is Nigeria ready to give up naira controls for regional currency?
By CNBC
23 September 2020 |
10:57 am
West Africa's aspirations for a single currency hit a setback after its leaders met in Niamey for a one-day summit earlier this week and passed a resolution to delay the proposed adoption until all critical issues are resolved.
In this article
Related
24 May 2020
What's West Africa learned since the Ebola pandemic? When's the right moment to ease lockdown? What are the conditions for staging elections during the current crisis?
30 May 2020
Human rights groups say children in conflict regions aren't receiving enough support. Children who have escaped from Boko Haram are treated with suspicion in Nigeria, while schools are closing in Burkina Faso.
18 Jul 2020
A start-up in West Africa has developed an app to help improve the efficiency of collecting and recycling waste. It connects homes and institutions with plastic and metal recycling collectors with the click of a button.
20 Sep 2020
How West Africa’s investment banking space is coping with COVID-19
15 Sep 2020
Ghana is spearheading a new project that explores how small farmers in the ECOWAS bloc can supply produce to the UK once it severs ties with the EU. Researchers are looking at how "what ifs" could become reality.
25 Jan 2021
The Gulf of Guinea, where the attack took place, is considered the most dangerous sea in the world for piracy. One crew member was killed and 15 others were taken hostage after a struggle on board.
31 Jan 2021
Are you yearning for frogs today? Then this is the place to go: Nigeria's Bunza Frog Market is the biggest selling spot in West Africa.
7 Feb 2021
Are you yearning for frogs today? Then this is the place to go: Nigeria's Bunza Frog Market is the biggest selling spot in West Africa.
28 Feb 2021
A startup in West Africa has developed an app to help improve the efficiency of collecting and recycling waste. It connects homes and institutions with plastic and metal recycling collectors with the click of a button.
26 Jul 2021
Liver cancer is strikingly prevalent in West Africa. Specialists point to high rates of hepatitis as a likely cause, but the region is not well equipped to deal with the epidemic.
8 Sep 2021
West Africa's leaders will hold an emergency ECOWAS summit on Guinea on Wednesday amid fears the military takeover could spark further instability in the region. But ECOWAS faces its own credibility problem.
Latest
33 mins ago
Bayern Munich won an 11th consecutive Bundesliga title in dramatic style, but with their lowest points total since 2018-19. Jasmine Baba analyses the weaknesses that almost cost them and must be addressed.
3 hours ago
As Amsterdam's Stedelijk Museum attempts to diversify away from a white male-dominated modern art world, the film “White Balls on Walls” documents its successes and failures.
3 hours ago
US President Joe Biden has announced that an agreement has been brokered with Republican House Speaker Kevin McCarthy to raise the government's debt ceiling This pivotal piece of legislation, now poised for a vote in Congress, requires a simple majority for its enactment. If passed, it would circumvent an unprecedented debt default potentially looming as early as June 5. President Biden characterises the proposed legislation as a "compromise", outlining a two-year budget plan which, in essence, holds non-defence spending steady for 2024.
3 hours ago
In his victory speech, the 69-year-old newly re-elected President Erdogan pledged to unite a country deeply divided. Claiming 52.1 per cent of the run-off vote, Erdogan emerged victorious yet again. His challenger, Kemal Kilicdaroglu, however, accused the President of deploying state machinery to his advantage, including the alleged denial of airtime on state television.
4 hours ago
The governor of Sudan's Darfur region has urged citizens to arm themselves amid fears of escalating violence. A shaky nationwide truce is due to expire tomorrow.
4 hours ago
As treaty talks over plastic pollution begin in Paris, we find out why recycling schemes, rather than reducing use, may not be that green of an idea. We take a look at different reactions to Recep Tayyip Erdogan's re-election. Reactions to Juliette Triet’s Palme D'or speech also continue to roll in, with the French media having widely different takes. Finally, we find out about a bear with a sneaky sweet tooth.