WHAT TO KNOW ABOUT ECO, THE PROPOSED ECOWAS SINGLE CURRENCY скачать в хорошем качестве

WHAT TO KNOW ABOUT ECO, THE PROPOSED ECOWAS SINGLE CURRENCY

Just like their counterparts in Europe, West African Countries under the Economic Community of West African States (ECOWAS) recently announced plans to launch a single currency, called the Eco in 2027. The fifteen-member regional bloc said a single currency would help remove trade and monetary barriers, boost economic activity, and improve the living standards of over 385 million people in the region. Seven currencies are currently in use among member countries with eight French-speaking nations using CFA Francs. The remaining countries including Nigeria have their currencies, none of which is freely convertible. If all goes to plan, the existing national currencies of these countries will be replaced by the Eco in four years. One of the most significant effects of the proposed new currency is that it will mark the end of the CFA Francs, the currency used by eight of the fifteen member states. The CFA Franc is seen by many as not just a relic of French colonialism in Africa, but as a strategic tool used by the French government to maintain dominance over its former colonies. So why is the CFA Franc significant in this conversation? let's look at a bit of history. Please take a moment to like, share, subscribe and turn on the notification icon to get new video updates. -------------------------------------------------------------------------------------------------------------------- Get social with Nigeria Today: Subscribe to our channel:    / @nigeria_today   Follow us on Twitter: https://twitter.com/NigeriasToday Find us on Facebook: https://www.facebook.com/nigeriatodayltd Check our website: https://nigeria-today.ng/ #cbn #naira #nairaredesign #cash #trending #viralvideo #courtorder #ecowas #nigeria #au #africa #ghana #unitednations #unicef #africanunion #un #canada #westafrica #ypad #africanenterpreneur #africanyoungentrepreneurs #africanmotivationalspeakers #africaenterpreneur #motivationalspeakers #nigerianyouths #summit #southafrica #rwanda #youth #benin #business #cedeao #mali #eu #actionaid #ngo #event #eco #ecommerce #economy #economy #business #finance #economics #covid #money #india #news #stockmarket #investing #investment #politics #coronavirus #indianeconomy #stocks #entrepreneur #bitcoin #economia #trading #usa #trade #education #instagram #invest #gdp #forex #market #motivation #china #wealth