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ECOWAS Set To Unveil Single Currency ECO - Business (4) - Nairaland

Nairaland ForumNairaland GeneralBusinessECOWAS Set To Unveil Single Currency ECO (27447 Views)

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Re: ECOWAS Set To Unveil Single Currency ECO by dogo568: 10:26pm On Jul 06, 2024
flokii:
Nigerians must reject any currency not domiciled in the Central Bank of any of the ECOWAS nations.. there were rumors in the past that France will the one printing and producing the ECO for West Afrcican countries. For why na?.
Will any European country agree to adopt any currency produced in Africa?. I doubt.
I don't think the guys in aso rock will be that naive
Re: ECOWAS Set To Unveil Single Currency ECO by Smithwilliams826: 10:35pm On Jul 06, 2024
This will lead to 1 world currency. It's all planned.
Re: ECOWAS Set To Unveil Single Currency ECO by Thinktwicemybro: 10:50pm On Jul 06, 2024
lamentor78:
If this can be done,it will nail those that have stash naira at home
Backward thinking. Is like you have problem with Rich people
Re: ECOWAS Set To Unveil Single Currency ECO by Riskymarvelous(m): 10:51pm On Jul 06, 2024
Ecokwenu
Re: ECOWAS Set To Unveil Single Currency ECO by 7upnigeria: 11:03pm On Jul 06, 2024
Righthussle:
We don die finally.
You and your family members only. Some people are making it big in this country, me inclusive. Its d same complaint that your parents made years back that youre also making. You will continue to live in poverty if you have this mindset.
Re: ECOWAS Set To Unveil Single Currency ECO by CloudResident(m): 11:22pm On Jul 06, 2024
DOA. Dead on arrival.
The wise understand.
Re: ECOWAS Set To Unveil Single Currency ECO by nedekid: 11:54pm On Jul 06, 2024
How much is cigar?
1000 Ecos.. grin
Re: ECOWAS Set To Unveil Single Currency ECO by mceze(m): 12:02am On Jul 07, 2024
Big name, pls let the matter die. Remember me in your kingdom.

MT:
You are simply irredemable.

Africans working at Google,Microsoft etc are not contributing to modern civilization ?.

I repeat, every African cant be like you, who has negative value.

Pathetic lot.
Re: ECOWAS Set To Unveil Single Currency ECO by LaRosa01: 1:12am On Jul 07, 2024
of course it has and Nigeria has always refused to sign up to it hence the reason why it has never worked out.it is a plan for forgien element to control Nigerias moneity policy ,to be specific France has been trying to use that mode to Control Nigerians monetary policy.so I do not know if it is the many trips tinubu has been making to France or his boys have gone crazy but Nigeria is not for sale and nobody will take us into slavery.
I mean who are they consulting with?or do they think the leaders before them that refused to sign on to all this agreements where foolish?

Okoroawusa:
ECOWAS common currency that has been on the front burner since 1975 is a slavery contact? Have you heard of WAUA ? Please stop making Obidients sound stupid.
Re: ECOWAS Set To Unveil Single Currency ECO by AreaFada2: 1:27am On Jul 07, 2024
Akinpresident:
So we'll start seeing one single note of 50,000 ECO.

Will it make dollar rate to be the same thing across the region?

Will I exchange dollar for 1000ECO in Nigeria and go-to another it's lower or higher?
ECO rate to dollar should be same across WA but our people wicked reach to pervert it. ECO could be 100 to a dollar in Lome but 145 in Lagos or Abuja.

If the thing nor work other West Africans will blame Nigerians.

There will be much counterfeiting and our people will be the champions caught with it mostly.

Politicians will stash much of it at home and buy more properties across WA more easily.

Otherwise, it's long overdue. But trade and setting up business across the bloc should be truly free and easy first.
Re: ECOWAS Set To Unveil Single Currency ECO by YouAreNobody: 6:20am On Jul 07, 2024
okeysoninv:
trash, naira is worst currency in ecowas region. They should even be begging for ECO
He's talking about freeing the eco currency from colonial control
Re: ECOWAS Set To Unveil Single Currency ECO by kafeii123: 6:22am On Jul 07, 2024
It won't work
Re: ECOWAS Set To Unveil Single Currency ECO by Akinpresident: 9:28am On Jul 07, 2024
AreaFada2:
ECO rate to dollar should be same across WA but our people wicked reach to pervert it. ECO could be 100 to a dollar in Lome but 145 in Lagos or Abuja.

If the thing nor work other West Africans will blame Nigerians.

There will be much counterfeiting and our people will be the champions caught with it mostly.

Politicians will stash much of it at home and buy more properties across WA more easily.

Otherwise, it's long overdue. But trade and setting up business across the bloc should be truly free and easy first.
Really salient issue.

If there should be one single currency, it should be across Africa to facilitate easier continental trade. And then one passport you can use and enter any African country.
Re: ECOWAS Set To Unveil Single Currency ECO by Okoroawusa: 9:49am On Jul 07, 2024
LaRosa01:
of course it has and Nigeria has always refused to sign up to it hence the reason why it has never worked out.it is a plan for forgien element to control Nigerias moneity policy ,to be specific France has been trying to use that mode to Control Nigerians monetary policy.so I do not know if it is the many trips tinubu has been making to France or his boys have gone crazy but Nigeria is not for sale and nobody will take us into slavery.
I mean who are they consulting with?or do they think the leaders before them that refused to sign on to all this agreements where foolish?
You are confused. Nigeria and Ghana has always been at fore front of the actualisation of an ECOWAS common currency. It has been France putting spanner on the wheels of progress through their proxies in the francophone countries. Don't swallow everything you hear on that your Obidients Whatsapp group.
Re: ECOWAS Set To Unveil Single Currency ECO by Penisman: 11:19am On Jul 07, 2024
Righthussle:
We don die finally.
You and your papa....
Re: ECOWAS Set To Unveil Single Currency ECO by Awoleesu(m): 1:00pm On Jul 07, 2024
This emergency validation after several decades of the Eco being in the dream-pipe....


Is this all to frustrate Niger, Mali & Burkina-Faso?
Re: ECOWAS Set To Unveil Single Currency ECO by LaRosa01: 1:20pm On Jul 07, 2024
I do not debate the ignorant

Okoroawusa:
You are confused. Nigeria and Ghana has always been at fore front of the actualisation of an ECOWAS common currency. It has been France putting spanner on the wheels of progress through their proxies in the francophone countries. Don't swallow everything you hear on that your Obidients Whatsapp group.
Re: ECOWAS Set To Unveil Single Currency ECO by AreaFada2: 1:22pm On Jul 07, 2024
Akinpresident:
Really salient issue.

If there should be one single currency, it should be across Africa to facilitate easier continental trade. And then one passport you can use and enter any African country.
Much of central African countries already use F.CFA/XAF. 6 countries.

So let's do a dry run with regional currencies first. If East Africa and Southern Africa do same, it will be easier to achieve convergence with 4 currencies than over 30 currencies. Africa-wide, with Gaddafi gone. I believe North Africa won't join anytime soon. I can't see Morocco and Algeria working together on that. Too many differences including over Western Sahara.

Sub-Saharan Africa should go ahead quickly.

My worry is that there are too many pockets of major insecurities across the continent: Boko, Casamance, Sahel area, Libya, Ethiopia, Sudan, Somalia, DRC, etc. These can destabilise a joint currency.
Re: ECOWAS Set To Unveil Single Currency ECO by Beautifulday: 1:23pm On Jul 07, 2024
ggood:
That's good, is a welcome development just like in Europe where almost all the country in Europe uses Euro
So you know why you have survived all these years?
Re: ECOWAS Set To Unveil Single Currency ECO by CartelKenneth: 6:57pm On Jul 07, 2024
ggood:
That's good, is a welcome development just like in Europe where almost all the country in Europe uses Euro
Oga this is Africa
Nothing ever world here
Africa is cursed
Re: ECOWAS Set To Unveil Single Currency ECO by Anonimoux: 7:03pm On Jul 07, 2024
Finally. Ha it's been too long abeg.
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