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Is the time right for a single currency in West Africa?

The eight Francophone states that form the West African Economic and Monetary Union have agreed to drop the use of the CFA Franc. Benin,...

West Africa not ready for Eco

In June 2019, West African leaders gathered in Abuja, Nigeria, and made a decision to formally adopt the Eco as its common currency -...

Bank customers to have verification number

As Identity theft and fraudulent transactions gain grounds in the global banking system, the West African Monetary Institute (WAMI), is collaborating with all Central...