Godwin Emefiele, Nigeria’s central bank governor has been elected chairman of the West Africa Monetary Zone (WAMZ) at the ongoing sub-regional meeting being hosted by Nigeria.
Shortly after the election, Emefiele, in his acceptance speech, said, “a lot of work needs to be done, especially in respect of the attainment of ECOWAS single currency by 2020.”
He further noted that everything that is required to be done would be actualised towards the achievements of the objectives of the regional organisation.
While reiterating Nigeria’s unflinching commitment towards the single currency project in the sub-region, the CBN Governor urged member countries to work towards achieving the convergence criteria.
- A Wrong Turn for World Bank Concessional Lending
- Union Bank names Abubakar, former women’s minister, independent director
- Nigeria’s DMO puts country’s public debt at N35trn by H1 ‘21
- CBN says N477bn disbursed to MSMEs across Nigeria in QE-style interventions
- Nigeria needs clear policy actions in ship breaking practice