Naija Gist - Latest

5 African countries that kept their colonial currency after independence

While some countries made bold decisions to change their names, flags, or national symbols to reflect their newfound freedom, others held onto certain elements from their colonial past, including ...
KING5

Ben Franklin's Many Gifts to Colonial Currency

When most people think about Benjamin Franklin and currency, they think of, well, the Benjamin. The U.S. $100 bill is literally synonymous with Benjamin Franklin. But that is by no means his only tie ...
KRQE Blogs

Albuquerque Coin Club: Colonial Currency

ALBUQUERQUE, N.M. (KRQE) – The Albuquerque Coin Club is the largest coin club within 400 miles and includes over 200 members. The club supports numismatic education for its members and the public.
CNBC

Greenspan compares bitcoin to Colonial America currency that eventually became worthless

Greenspan compares bitcoin, at more than $12,000 as of Wednesday, to the money issued by the Continental Congress in 1775 to finance the war effort. Even something that is ultimately worthless can ...
The Conversation

CFA franc: conditions are ripe for replacement of the west African currency rooted in colonialism – expert

At no point in history has the CFA franc – the name of a colonial currency used in west and central African countries belonging to the franc zone – been closer to its demise. Senegal has ...
The New York Times

West African Countries Take a Step Away From Colonial-Era Currency

A bloc of eight countries will rename their French-backed currency and France will scrap a contentious requirement for reserve deposits. By Ruth Maclean DAKAR, Senegal — A bloc of West African states ...
Naija Gist - Latest

5 African countries that changed their currency after independence

One of the most important changes for many countries was switching from the colonial currency to their own national currency. This decision represented a desire for more economic freedom, a way to ...