Nigeria, 5 other countries’ road to monetary union

BY UDEME CLEMENT With less than six months to the deadline set aside by the West African Monetary Zone (WAMZ) to adopt a single currency for Economic Community of West African States (ECOWAS), experts have disagreed on the ability of WAMZ to achieve a unified payment system for the countries within the sub-region, namely Nigeria, […]

Consequences of ECOWAS monetary union could be severe, Okonjo-Iweala warns

By Emma Ujah, Abuja Bureau Chief The Coordinating minister for the Economy and minister of Finance, Dr. Ngozi Okonjo-Iweala, has cautioned Economic Community of West African State, ECOWAS, against a hasty launch of the proposed monetary union. Under the arrangement, member states will use a single currency, ECO, just like what obtains among members of […]

ECOWAS calls for integration plans

The ECOWAS Vice President, Dr Toga McIntosh, has urged the community’s Strategic Planning Coordination Committee, to develop practical and feasible strategic plans for the realisation of its integration objective. McIntosh made the call at the eight session of the committee in Freetown, Sierra Leone. He said Community Strategic Framework was an umbrella for ECOWAS Institutions […]

Force inevitable if Mali talks fail, says Nigeria

ENT Goodluck Jonathan yesterday warned that regional troops would definitely intervene in the occupied area if negotiations with extremists in Mali  failed to yield a solution. This came days after Mali’s new Foreign Minister Tieman Coulibaly said that winning back the Islamist-occupied north was the top priority of a unity government which was formed on […]

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