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Boko Haram fighters behead three in Cameroon raid YAOUNDÉ: Three villagers were beheaded during weekend raids in Cameroon by Boko Haram insurgents from neighbouring Nigeria, who killed another four people in a separate raid overnight, security forces said Monday.The first attack took place on Sunday in the neighbouring villages of Tchebe-Tchebe and Dzaba, about 10 kilometres (six miles) from the Nigerian border, said a security agent based in the region.The beheadings took place in Tchebe-Tchebe.The assailants also set fire to land owned by villagers as well as a Catholic church, the source added.The report was confirmed by another local security source, who said that access to the villages was difficult for troops because of the mountainous terrain. Another four people were killed overnight in the town of Afade, much farther north, near Lake Chad, Cameroon police said."Boko Haram attacked the town of Afade around one in the morning (Monday)," a gendarmerie official said, requesting anonymity.He said the assailants ...

Burundi presidential vote not credible: UN observers UNITED NATIONS: A United Nations observer mission said Monday that last week's presidential elections in Burundi were relatively peaceful but had not been "an inclusive, free and credible" vote.In a preliminary report, the observers said the vote, which saw President Pierre Nkurunziza re-elected, was marred by violence and obstacles to freedom of expression and the press. Copyright AFP (Agence France-Presse), 2015 ...
Toll rises to 13 dead from Somali hotel bomb MOGADISHU: Somalia's Shebab insurgents killed at least 13 people Sunday in a bomb attack on a hotel in the capital Mogadishu, a security official said on Monday, updating an earlier death toll."The devastation was huge, and so far 13 people, all of them innocent civilians, have been confirmed dead," government security officer Ahmed Ali said. "Some of the wounded died last night, while other bodies were recovered under the wreckage of nearby buildings."Initial reports had ...
At least 15 dead after blast at market in northern Nigeria DAMATURU: A blast set off by a female suicide bomber tore through a crowded market in the northeastern Nigerian city of Damaturu on Sunday, killing at least 15 people, a police spokesman said.No one has claimed responsibility for the explosion, which witnesses said occurred at around 9.30 a.m. (0830 GMT)."Fifteen people have been confirmed dead so far and more dead bodies are being brought to the hospital," said police spokesman Toyin Gbadegasin. Witnesses said around ...
Obama urges young Kenyans to shape their future       NAIROBI: Billing himself as America's first Kenyan-American president, Barack Obama implored Kenya's youthful populous to cast aside "bad traditions" and forge a more just and inclusive future Sunday. Seeking to leverage his status as a "son of the soil" and his vast local popularity, Obama said his ancestral homeland was at a crossroads replete with peril and opportunity."The future of Africa is up to Africans," he told a raucous crowd in an indoor arena at ...
Kenya lockdown as Obama comes to talk security, trade NAIROBI: US President Barack Obama arrives in his ancestral homeland Kenya late Friday, with a massive security operation under way to protect him from Al-Qaeda-linked Somali militants.Obama, making his first visit as president to his father's birthplace, will address an entrepreneurship summit and hold talks on trade and investment, security and counter-terrorism, and democracy and human rights.Parts of the Kenyan capital Nairobi have been locked down and airspace will be closed during the president's arrival ...
Volcano forces fresh shutdown of Bali airport DENPASAR: Ash spewing from a volcano closed the airport on the Indonesian resort island of Bali Wednesday for the third time this month, forcing the cancellation of flights and stranding tourists during peak holiday season.Mount Raung on Indonesia's main island of Java, which has been rumbling for weeks, sent an ash cloud floating over Bali that closed the island's Ngurah Rai airport, the transport ministry said. Two small airports on Java serving domestic routes were ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln