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Tag Archives: currency

Sierra Leone removing zeros from currency ‘to make life easier’

Sierra Leone is dropping the last three zeros from the face of its currency, the leone. According to the country’s central bank, the new currency will be valued at about 10 to the US dollar. The leone has been falling since austerity measures were introduced in 2017. With mining companies …

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Heads of State agree to push new ECOWAS single currency to 2027

  • A new roadmap towards the ECOWAS single currency has been adopted • The single currency is expected to take off by 2027 • The agreement was arrived at during the 59th Ordinary Session of the ECOWAS in Accra After many years of planning, a new roadmap to launch …

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Popular businessman Alhaji Bahmed fingered in fake currency syndicate

  Ghanaian businessman Alhaji Ahmed Bandoh has been cited as a possible conspirator in the fake currency syndicate who were arrested by National Security operatives on April 27, 2021. The Chief Executive Officer of Bahmed Travel and Tours is suspected to be a member of the gang following his conduct …

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Fake currency gang busted by National Security

  The National Security has busted a 13-member gang suspected to be involved in the printing and distribution of fake currency notes to unsuspecting victims, mostly foreign nationals. A statement issued by the National Security Secretariat, copied to the Ghana News Agency, said the gang, led by one Yassei Alia, …

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