ECOWAS suspends single currency for political reasons

“We propose that Nigeria, along with Ghana, Liberia, Gambia, and Sierra Leone — the five English-speaking countries — could have one currency for now. “Then, the Francophone countries could have another currency. Over the years, these two currencies could potentially merge into a single currency”. This was disclosed by Edwin Melvin Snowe Junior, a prominent…

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BREAKING: FCCPC Makes U-turn on Price Control

The Federal Competition and Consumer Protection Commission (FCCPC), on Tuesday, reacted to the negative criticism by the Organised Private Sector and other interested parties regarding its recent directive to businesses to cease price gouging, price fixing, and other exploitative practices. “Price control is entirely outside the scope of our responsibilities.” In a statement on its…

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