Nigeria’s central bank has imposed restrictions on weekly cash withdrawals to limit the use of cash as credit agency Moody’s warned that the country’s banks face tough challenges over a dollar shortage. Foreign currency risk is “very high” for Nigeria’s banking system, according to a report by Moody’s. Nigeria is one of seven countries worldwide […]
Remittances by Moroccan expatriates are expected to increase by 12.9 pc to $10 billion in 2022 before dropping by 4pc to $9.6 billion in 2023 due to the deterioration of economic conditions in the host countries, according to the forecasts of Morocco’ Central bank. As for travel receipts, they are projected to end the year […]
The World Bank underscored Morocco’s “undeniable progress over the past fifteen years” saying that the North African Kingdom is on the path of an “emerging and politically stable country”. The report dubbed, “Morocco 2040 – Emerging by Investing in Intangible Capital” underscores that “Morocco has made undeniable progress over the past fifteen years not only […]
