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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro (33234 Views)
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Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Zooposki(f): 6:07pm On Dec 22, 2019 |
healthserve: Naoh cursed Canaan, not Ham. Even if Ham was cursed, the Hamites are the Egyptians, Ethiopians, Phut(Fulanis) and Cush. 1 Like |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Blue3k2: 6:09pm On Dec 22, 2019 |
Aladegba: There in central African CFA franc. The status quo remains with them. |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by healthserve(m): 6:09pm On Dec 22, 2019 |
Zooposki: Trace the gene ology wella. Is Egypt or Ethiopia not likened to a cursed nation? Have they ever flourished? |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Yujin(m): 6:10pm On Dec 22, 2019 |
panpan:Lol. My thoughts too. Nigeria is on a long thing in Ecowas. |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by ajl: 6:10pm On Dec 22, 2019 |
GidiWoodsMan: Just listen to yourself. I suppose you are still "tied" to your mother through an umbilical cord. I do not mean this in a abusive way. How in heaven in this 21st century will multiple nations put their reserve in the hands of their colonial master who prints their currency, use the funds as loans and all others. Grow some balls "Man". This world is not for the coward who do not want to brave the challenges of human existence. The black Africans seem not to understand the fact that its survival of the fittest. France do not give a shit about you or all of Africa. They are only after their interest. Start looking out for yours as Africans. I have dined and wined with these hawkish-minded people. They also take advantage of their own less fortunate people. Here, people are kept in debt for life. Now some are introducing home loans of 100 yrs, from one generation to the next. And you think people like this give a damn about your existence. Grow up, Man. 2 Likes |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by ajl: 6:15pm On Dec 22, 2019 |
Yujin: If what you are saying is right, they are just waiting their time. And you think Nigeria will accept that. Nigeria control 75% of the subregion commerce. Even France can't do anything about except to continue to destabilize Nigeria via arming foreign herdmen that go into Nigeria to cause ethnic tension or supporting Boko Haram underground. 2 Likes 1 Share |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by ajl: 6:16pm On Dec 22, 2019 |
healthserve: What's all this? We are talking about currency and folks are talking about Cush or Ham. |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by healthserve(m): 6:18pm On Dec 22, 2019 |
ajl: Haven't I tried with all I've dispensed freely here to far to unwind? |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by ibietela2(m): 6:18pm On Dec 22, 2019 |
GenBuhari: They have already approved it na.... The Brexit |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Yujin(m): 6:22pm On Dec 22, 2019 |
ajl:Lol. What ever they do or intend to do holds more promise than whatever Nigeria plans to do. Bye bye to any single West African currency that will include Nigeria. This Nigeria can flex her frail muscles let's see. |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by thatigboman: 6:22pm On Dec 22, 2019 |
healthserve:where did u invent the bolded word from? |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by ajl: 6:23pm On Dec 22, 2019 |
JubrinElSudan: Stop acting like an Idiot. Watch this video to understand why I used that term. https://www.youtube.com/watch?v=KfSMr8-fn8k |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Yujin(m): 6:24pm On Dec 22, 2019 |
ajl:Well, I agree with you here. |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by healthserve(m): 6:24pm On Dec 22, 2019 |
thatigboman: You think say I no get other things to do. Read and observe how I immensely contributed to this thread. If you have better contributions, please freely make them. Otherwise let me be and vacate my mentions with your pull-him-down energy you're targeting at me. Yeye |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Godhatesodomy: 6:27pm On Dec 22, 2019 |
Blue3k2: Wake up out your slumber
|
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by JubrinElSudan: 6:28pm On Dec 22, 2019 |
ajl:I believe you quoted me wrongly cos I didn't quote you earlier |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by tiredoflife(m): 6:32pm On Dec 22, 2019 |
Kingray10: No one knows But one thing for sure It will make savers losers So if u have any money u are not using Go and buy dollars and keep When the change comes to the eco You come back to it as the money stabilise Many germans became poorer when they moved from the Dutch mark to the euro It will happen again 1 Like |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Blue3k2: 6:32pm On Dec 22, 2019 |
Godhatesodomy: Lol start with yourself fallen man. You shouldn't be living in democracy anymore. Live under a monarchy. Nigeria isnt leading anything but talks. They haven't got their fiscal house in order. According to Ahmed, the 2020 implementation deadline set for the adoption of single currency by ECOWAS member states is constrained by the continuing macroeconomic vulnerabilities in the respective economies. The four primary criteria to be achieved by each member country are: a single-digit inflation rate at the end of each year; a fiscal deficit of no more than four per cent of the Gross Domestic Product (GDP); a central bank deficit-financing of no more than 10 per cent of the previous year's tax revenue, and gross external reserves that can give import cover for a minimum of three months. |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by ibietela2(m): 6:34pm On Dec 22, 2019 |
Blue3k2: Burkina Faso president (i can't remember his name) tried this and France sponsored a coup which got him killed. Thomas something |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Blue3k2: 6:40pm On Dec 22, 2019 |
ibietela2: Thomas Sankara did get overthrown but its no excuse. Freedom not free. Besides countries like Eritrea have weaned themselves from foreign aid. |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by tiredoflife(m): 6:42pm On Dec 22, 2019 |
darkwan: U said they cant force you Really Please go read the book economic hitman It will educate you |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Godhatesodomy: 6:46pm On Dec 22, 2019 |
Blue3k2: When riding a bike for the first time one feels foolish yet only a dead man wouldn't attempt it believing its impossible. Wake up out your slumber |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Blue3k2: 6:52pm On Dec 22, 2019 |
Godhatesodomy: Lol tell Nigeria to lead by example instead of just talking. Actions speak louder than words. Maybe you'll understand one day. According to Ahmed, the 2020 implementation deadline set for the adoption of single currency by ECOWAS member states is constrained by the continuing macroeconomic vulnerabilities in the respective economies. |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by ibietela2(m): 7:03pm On Dec 22, 2019 |
panpan: SPOT ON |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by juniorstar(m): 7:34pm On Dec 22, 2019 |
in no time their currency would be watered down to nothing. just look at our naira. heard there was a time when the naira was more valuable than dollar and i guess dat was becos as at then we just recently detached from britain. now naira to dollar is in the ratio 360+: 1 |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by panafrican(m): 7:35pm On Dec 22, 2019 |
BabaRamota1980: Ojukwu the rebel leader with a joyful beard fled to Cote d' Ivoire where he became the owner of a big company specialized in timber export . Remember ? |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Horus(m): 7:47pm On Dec 22, 2019 |
https://www.youtube.com/watch?v=bDjMNJlAGBM Nigerian could stop using the Naira by 2020 To Adopt "ECO" as it new currency |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Nobody: 7:58pm On Dec 22, 2019 |
ajl: the new currency ie still tied to the euro, their 'reserves' are still domiciled within the cspitalist financial system... |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Godhatesodomy: 8:45pm On Dec 22, 2019 |
Blue3k2: You are the only one talking the holy fathers of the land have started the change. Wake up out your slumber |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by alexola20(m): 8:58pm On Dec 22, 2019 |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by urahara(m): 9:30pm On Dec 22, 2019 |
With the way people on this thread are wailing about Europeans taking advantage of Africans , you would think Subsaharan Africa is a region of dunces. |
Re: ECO: West Africa Renames CFA Franc But Keeps It Pegged To Euro by Nobody: 10:03pm On Dec 22, 2019 |
darkwan: Oh really? |
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