Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has been appointed the Chairperson, Board of Governors of ECOWAS Bank for Investment and Development (EBID). The announcement was made on Tuesday in Abuja at the end of the 15th Ordinary Session of the board of governors of the bank. She succeeds Hassoumi Massoudou from Republic of Niger. […]
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The European Union says it has so far committed over €700m for the development of sustainable energy in Nigeria and other ECOWAS countries from 2014 to 2020. The Head of Cooperation, EU delegation to Nigeria and ECOWAS, Mr Kurt Cornelis, said this in Abuja on Monday at a workshop on policy and regulation for clean […]
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Mareel Souza, President, ECOWAS Commission, has attributed the decline in economic activities in the West African region in 2016 to the sharp drop in Nigeria’s real Gross Domestic Product (GDP). He sais this on Thursday in Abuja at the ECOWAS forth Parliament Ordinary Session while presenting a report on the community`s status in 2016 and […]
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West African countries have been advised to abandon the proposed common currency and rather leverage on digital financial technology to boost trade within the region. Author of the book on ‘The Future of Banking” and acclaimed trend-watcher, Mr. Adjiedj Bakas, gave this advice while delivering a keynote address at the World Conference of Banking Institutes […]
Read More The adoption of a single currency among member-states of the Economic Community of West African States (ECOWAS) by 2020 is under threat because of the free fall in Nigeria Naira, members of the ECOWAS Macroeconomic Policy Committee on Multilateral Surveillance, have said. They spoke during a two-day technical meeting in Abuja at the weekend. They […]
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FOLLOWING his continued detention by the Department of State Security, DSS, erstwhile National Security Adviser, NSA, Col. Mohammed Sambo Dasuki (retd), has dragged the Federal Government before the ECOWAS Court in Abuja. Dasuki is seeking the court’s order for his release while also demanding payment of N500 million damages for alleged infringement on his human […]
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