Culled—Proshare January 7, 2020 By FDC Monetary policy, done well, is meant to put everyone but economists to sleep. Yet in West Africa it has pulled thousands of protesters onto the streets. Many locals have long objected to the West African and central African cfa francs, two monetary unions pegged […]
Money Market
Ghana Backs West Africa’s Eco, Opposes Euro Peg
Culled—Proshare January 7, 2020 By FDC Ghana’s President Nana AkufoAddo has indicated his country’s determination to join a West African currency dubbed the eco that will replace the Francebacked CFA franc in eight regional countries. “We, in Ghana, are determined to do whatever we can to enable us join the […]
CBN Unveils Guideline on Payments System Risk
January 6, 2020/CBN The journey to the Payments System Vision 2020 (PSV 2020) started in 2007 with the objective of making the Nigeria Payments System internationally recognised and nationally utilised. The phased implementation of the vision and other developments in the financial space including the pursuit of the Financial System […]
