The Economic Community of West African States, ECOWAS has officially approved the withdrawal of Niger, Mali, and Burkina Faso from the regional bloc.
The ECOWAS President, Dr Omar Touray who disclosed this at the end of the 66th Ordinary Summit of the Authority of Heads of State and ECOWAS Commission hinted that the decision was taken by the Authority of ECOWAS Heads of State and Government.
Dr Touray, said the approval, which marks a significant shift in the geopolitical landscape of West Africa, will formally cease the three countries from being members of ECOWAS on January 29, 2025.
The Central Bank of Nigeria has announced that it will slam a fine of 150 million Naira per branch on Deposit Money Banks found guilty of facilitating the illegal flow of mint naira notes to currency hawkers and dishonest agents. The apex bank stated this in a circular issued and signed by the Acting Director of the Currency Operations Department, Mohammed Olayemi. To ensure compliance, the apex bank stated that […]
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