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Nairaland Forum / Nairaland / General / Business / ECOWAS Adopts ECO As Name Of Single Currency (44039 Views)
ECOWAS Set To Unveil Single Currency ECO / ECOWAS Adopts ECO As Name Of Single Currency,elects Niger President As New Chair / ECOWAS Seeks Proposals For Single Currency Logo, Name (2) (3) (4)
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Re: ECOWAS Adopts ECO As Name Of Single Currency by Decolonel(m): 6:51am On Jun 30, 2019 |
New world order is gradually becoming a reality. A system where the world uses one currency. Repent oo. The end is here. 8 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by MVLOX(m): 6:52am On Jun 30, 2019 |
ramdris: na dis one I wan know self... 1 Like |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Amadioha1234: 6:52am On Jun 30, 2019 |
Single currency? The prophecy is abt to be fulfilled. 6 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by femliany(m): 6:53am On Jun 30, 2019 |
9jayes:Just wait till 2020 you go convert tire 2 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by bluefilm: 6:53am On Jun 30, 2019 |
Copy cats. Nonsense. |
Re: ECOWAS Adopts ECO As Name Of Single Currency by BB9ja007: 6:53am On Jun 30, 2019 |
Those it mean by next year we will stop using naira ? If so dat means our past leaders will no longer be in our currency 4 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Doubleprof1(m): 6:53am On Jun 30, 2019 |
What is the implications of the said single currency on west African economy |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Nobody: 6:54am On Jun 30, 2019 |
prekumohtim:is naira not dead already? 3 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Abkreizi: 6:54am On Jun 30, 2019 |
ibietela2: Did you study Economics in secondary school. ....even with the whole of west Africa i see a greek crisis coming up 4 Likes 2 Shares |
Re: ECOWAS Adopts ECO As Name Of Single Currency by ibietela2(m): 6:55am On Jun 30, 2019 |
Abkreizi: No i didn't, please teach me 1 Like |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Nobody: 6:56am On Jun 30, 2019 |
MaleoPearls:what are you manufacturing that will give it the weight? terrorism? 12 Likes 2 Shares |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Enosa1(m): 6:57am On Jun 30, 2019 |
If it will positively affect Africa, then its welcome Anyway solar duke is here to serve you. We may even accept Eco |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Gabriel411: 6:59am On Jun 30, 2019 |
I don't like this name, I don't support they use ECO. The name already exist, they selling digital currency. Can this guys be creative for Gods sake. 1 Like |
Re: ECOWAS Adopts ECO As Name Of Single Currency by ZaraGift: 6:59am On Jun 30, 2019 |
The currency would be useless just like every other African currencies China will print a lot of the Eco to scam them 4 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by bcashy: 7:00am On Jun 30, 2019 |
Yohh: Just let them be.....those are frustrated miserable idiots! 4 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Nobody: 7:00am On Jun 30, 2019 |
I hope the US won't sabotage this 1 Like |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Obatise: 7:01am On Jun 30, 2019 |
Yohh: That was one of the reason Gadaffi was killed, this was is vision for Africa as a whole, a United currency 7 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by martineverest(m): 7:01am On Jun 30, 2019 |
been waiting for this since Obasanjo era....finally finally |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Nobody: 7:01am On Jun 30, 2019 |
Failed on arrival, so far as the whole thing is still going to.be managed by the set of corrupt leaders we mostly have in West Africa.. Aren't these leaders that have sabotaged their respective contries' economy by enriching themselves and impoverishing their citizens? So far as you have d same set of people, then I don't give no sh.it about policies. Policies alone can't facilitate economic growth... The right policies in the hands of the right decision takers DO. The right decision takers ( Leaders ) ? That's what Africa lacks 2 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by martineverest(m): 7:01am On Jun 30, 2019 |
prekumohtim:use Ur head |
Re: ECOWAS Adopts ECO As Name Of Single Currency by martineverest(m): 7:01am On Jun 30, 2019 |
ramdris:it was bigger than dollar when the suggestion first came out about 14 years ago |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Nobody: 7:03am On Jun 30, 2019 |
Only way West African economy can be strong is not by single currency. Europe that has the Euro also produces more than it imports. Most West African countries are resource dependent and poor. Limited industrial output. Sorry, but make we fix our economies first 11 Likes 1 Share |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Focusmind: 7:03am On Jun 30, 2019 |
Will ECO survive? Monetary union is based on strong economic fundamentals of member union. Certain things needs to be in place before implementation. Things like sound micro economics, fiscal discipline in member states, huge export potentials in member states, political stability and peace. All these are lacking in ECOWAS. Nigeria economy which should be about 60% of the sub-regional economy is not doing well and can't support itself talk more of supporting fragile economy of member state the same way Germany is the pillar of EURO and supporting fragile member states like Greece and others with huge debt. The burden of ECO will be much on Nigeria and our export potential apart from oil is negligible. This will make ECO exchange with measure hard currencies to be worthless. More over, not everybody should be admitted into ECO. Requirements for admission must be set and those who meet the conditions will be admitted the same way EUROPEAN union set targets for membership admission. You must meet certain fiscal and economic and political criteria. These are to ensure stability and survival of the single currency. Ecowas should first study the European union. 35 Likes 4 Shares |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Enosa1(m): 7:03am On Jun 30, 2019 |
Enosa1: |
Re: ECOWAS Adopts ECO As Name Of Single Currency by 9jaRealist: 7:03am On Jun 30, 2019 |
OLD news really... That’s why the West African Monetary Zone was set up in 2000, and the West African Monetary Institute was set up in 2001 to undertake technical preparations for the setting up of a common West African/ECOWAS central bank and common currency for the Zone. The name “Eco” has always been the proposed name of any ECOWAS common currency, following in the tradition of Ecobank (which was initially envisaged as an ECOWAS-centric bank), Ecomarine (which has morphed), and Ecoair (which never got off the ground - no pun ). > 5 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by arantess: 7:03am On Jun 30, 2019 |
Kingzd:You need to wake up oo, Lol |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Nobody: 7:04am On Jun 30, 2019 |
Obatise: and how would Ghaddafi been backing up the currency? With oil, whose price is not stable? |
Re: ECOWAS Adopts ECO As Name Of Single Currency by Snapchat: 7:06am On Jun 30, 2019 |
Not with Ghana as neighbours 2 Likes |
Re: ECOWAS Adopts ECO As Name Of Single Currency by skukimania(f): 7:07am On Jun 30, 2019 |
And 100 what make one ECO? WAS? 1 Like |
Re: ECOWAS Adopts ECO As Name Of Single Currency by bigstan11787(m): 7:07am On Jun 30, 2019 |
9jayes: [Just now you don dey convert. Chai] |
Re: ECOWAS Adopts ECO As Name Of Single Currency by samcus(m): 7:09am On Jun 30, 2019 |
RUGA is taking over our land and we are here talking about KREST giver and taker.. |
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