Two years after its instalment, the current Moroccan government will undergo a reshuffle without altering the components of the majority, Moroccan media said citing multiple sources. “The leaders of the government coalition raised the reshuffle with the head of the government and it is very likely to take place next month once conditions are met […]
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 […]
Oil and gas rich Nigeria has defeated Algeria and other competitors, after it was chosen as the host of the newly created Africa Energy Bank, worth $5 billion. In hosting the new lender, Nigeria will become “at the forefront of Africa’s energy future,” said Nigerian oil minister Heineken Lokpobiri. The new bank aims to address […]
