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Int. airlines promised to receive some of their funds trapped in Nigeria
The Central Bank of Nigeria said (26 August) it has made US$ 265 million available for release to international airlines shortly after the Dubai-based Emirates airline announced that it has put a hold on flight operations in and out of Nigeria due to its inability to repatriate funds from the West African country. The money […]
Algeria’s car industry fiasco, a fallout of lack of economic vision
The Algerian government’s decision to ban imports of new cars has led to vehicle shortage and soaring of prices of used cars in a country that failed to launch its own car industry. In Algiers, one can buy an old car for the price of a new car as the country adopts measures to keep […]
Turkey-Germany: Merkel still opposed to Turkey’s EU membership
German Chancellor Angela Merkel openly announced Wednesday that she is still opposed to Turkey’s EU membership despite the EU calling on Ankara for help to ease the refugee crisis putting the European bloc into difficult situation. Merkel has so far been cautious about opposing overtly Ankara but she spat her disdain about the Turkish regime […]



