The Central Bank of Nigeria is pushing for the realization of a common currency aimed at enhancing trade and regional integration in West Africa.

The entities involved

• Central Bank of Nigeria →

  central bank

  • The Central Bank of Nigeria (CBN) is currently managing Nigeria's foreign reserves.Mon 07:32
  • The Central Bank of Nigeria manages the financial system in Nigeria, with Olayemi Cardoso leading the management team.Mon 00:38
• Eco →

  proposed currency of ECOWAS

  Nothing else this week.

• West Africa →

  westernmost region of the African continent

  • Geographic locations face specific connectivity risks involving the Red Sea and West Africa.Mon 16:09
  • The WAFEO conference has been scheduled to take place in Freetown.Mon 10:29
• Africa →

  continent

  • Ghana hosts a global conference on reparatory justice, debating colonial legacy and the government-backed repeal of the Code Noir.Mon 17:37
  • El Nino is causing global weather patterns to bring heat and dryness to various regions, testing global food output.Mon 16:37

Related events

• The Central Bank of Nigeria manages the monetary policy for the country.Jun 7
• Nigeria exemplifies Africa's manufacturing challenges, with high imports and economic issues pressuring the local currency.Jul 9
• Plans are moving forward for a single currency, but the inclusion of members is being questioned.Jul 24
• The Central Bank of Nigeria manages liquidity through the use of Treasury bills.Jun 13
• Nigeria aims to become Africa's industrial hub, contingent on the government sustaining necessary fiscal and monetary reforms.Jul 9