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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 […]

Morocco’s King: Social justice & combating inter-regional disparities are not empty slogans but strategic policy

King Mohammed VI has affirmed that social justice and combating inter-regional disparities are not empty slogans, nor a temporary priority but a strategic policy. In a speech made Friday on the opening of the Fall session of the parliament, the King, who was accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, said […]

Morocco Voices Concern over Iran’s Operations in North Africa

Morocco’s top diplomat has expressed his country’s concerns regarding Iran’s destabilizing operations in North Africa, saying that the North African Kingdom needs the Trump administration’s backing to block Tehran’s rise in the region. Nasser Bourita told Breitbart News that “Morocco …views the Trump administration’s determination to halt Iran’s efforts to become a hegemonic power in […]