Niger River

Nigeria caps weekly cash withdrawals, Moody’s warns of ‘very high’ foreign currency risks

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 […]

U-23 AFCON Final: Morocco win Cup after beating Egypt 2-1, receive royal congratulations message

Morocco won on Saturday the U-23 Africa Cup of Nations after beating Egypt 2-1 in Rabat’s Prince Moulay Abdellah Stadium. King Mohammed VI has sent a message of congratulations to the members of the team upon their coronation at the U-23 AFCON and their qualification for the forthcoming Olympic Games. In this message, the Sovereign […]

Central African Republic welcomes lifting of UN arms embargo

The UN Security Council unanimously adopted On July 30, 2024, a resolution lifting the arms embargo on the Central African Republic. The embargo had been imposed in 2013 after the start of the civil war, then modified and renewed in 2023. Arms destined for the army were still subject to a declaration requirement. Bangui is […]