Eco: ECOWAS new currency symbol, bank name revealed


ECOWAS Heads of States and Government have adopted “EC” as symbol for the single currency, Eco, to be used in Nigerian and 14 other countries.

They also adopted “Central Bank of West Africa (CBWA)” as the name of the ECOWAS Central Bank.

These were contained in the final communiqué released by Mr Jean-Claude Brou, President of the ECOWAS Commission on Monday in Abuja.

The Authority commended the Ministerial Committee for the progress made with the implementation of the ECOWAS Single Currency Programme.

The Authority also adopted the 2020 to 2024 Action Plan to eradicate terrorism in the sub-region with a budget of 2.3 billion dollars.

The leaders expressed grave concern at the resurgence of terrorist attacks, targeted at the defence, security forces, civilians and the social…



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