Nigeria Pushes For Ecowas Single Currency, Despite Challenges

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nigeria pushes for ecowas single currency despite challenges
Nigeria's Minister of Finance, Wale Edun, has reaffirmed the country's commitment to implementing the Economic Community of West African States ECOWAS single currency, the ECO. This comes despite recent setbacks, with the convergence rate among member states falling to 29.2 in 2023, significantly lower than the target for adoption. Edun's statement, made during a virtual