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Nigeria: deepening currency crisis, soaring inflation are threats to country’s economy

Currency crisis in Nigeria deepens as its currency, the Naira, has dropped to ₦1,040 per dollar, which comes as a national industrial association has warned that soaring inflation is a threat to the country’s economy. In the parallel market, Nigeria’s currency has dropped to N1,040 per US dollar as supply surpassed demand, which was due […]

Laâyoune Police Foil Smuggling of €460,000

The vigilance of Laayoune police elements allowed the arrest of an individual with a suitcase full of euro banknotes. This individual, in an irregular situation in Morocco, is allegedly involved in illicit currency transfer. The national of a neighboring African country was arrested in the city of Laâyoune, reported this Thursday local Al Akhbar daily, […]

Morocco: More public gatherings cancelled over Covid-19 concerns

More cultural events have been canceled in Morocco since the announcement of the agriculture ministry to skip organizing the international agricultural fair this year few hours after Morocco declared its first Covid-19 case. A Moroccan coming from Italy was tested positive for the virus on Monday and containment measures have been applied to passengers on […]