Money-Market

The launch of Africa’s first digital currency, eNaira, has cast some doubt on West Africa’s single currency. According to the Economic Community of West African States, the introduction of the Eco, a new currency for the entire area, would help remove trade and monetary barriers, promote economic activity, and enhance living standards in the community […]

First Bank of Nigeria has given its customers until the 1st of January 2022 to deposit £50 and £20 notes.  “To facilitate the return of the old notes in circulation, we will stop accepting deposits of the £50 and £20 notes in all our branches from 1 January 2022,” The Bank said in an email […]


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