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Nigeria's president appoints banker Kemi Adeosun as finance minister ABUJA: Nigeria President Muhammadu Buhari appointed former investment banker Kemi Adeosun as finance minister on Wednesday, putting her in charge of Africa's biggest economy. Copyright Reuters, 2015 ...

Nigeria's new government to be announced ABUJA: Nigeria will finally get a new government on Wednesday after more than five months of waiting, when President Muhammadu Buhari assigns formal roles to 36 ministerial nominees approved by parliament.Buhari is scheduled to make the announcement from 10:00 am (0900 GMT), bringing to an end 166 days in which he has effectively been in sole charge of Africa's leading economy and most populous nation.The inauguration was scheduled to take place at his official residence, ...
Cameroon's far north faces twin nightmares of Boko Haram, poverty MAROUA: In the poverty-stricken far north of Cameroon, the priority is the fight against the Nigerian militants of Boko Haram, but experts say a growing humanitarian crisis also needs urgent attention.Chased from their strongholds in northeast Nigeria by a multi-national army offensive, the insurgents of Boko Haram have increased the tempo of suicide attacks and bloody raids on neighbouring Cameroon despite the deployment of a huge military contingent along the border. "Since early 2015, there's ...
Kenya readies 10,000 police to boost security for pope NAIROBI: Kenya said on Sunday it may deploy as many as 10,000 police officers to boost security during a visit by Pope Francis later this month as the country readies for crowds of one million people.Islamist rebels have staged a string of attacks in Kenya, including the April massacre at Garissa university in which 148 people were killed, and the 2013 assault on Nairobi's Westgate shopping mall that killed 67."Security agencies continue to fine-tune plans ...
World alarm as Burundi poised to crush opponents WASHINGTON: Senior world officials reacted with deep alarm Friday as Burundi's government threatened to unleash a new round of blood-letting in the Great Lakes region of Africa.President Pierre Nkurunziza's government has escalated its already strident rhetoric, warning of tough measures to stamp out resistance to his recent re-election.UN Secretary-General Ban Ki-moon voiced deep concern after a leading rights activist's son was found dead, the latest in a series of murders linked to the crisis.The United ...
Burundi 'conflict' warning NAIROBI: After months of violence, troubled Burundi risks sliding into civil war, a leading think tank has warned, issuing a "conflict alert" after a string of battles between gunmen."Burundi again faces the possibility of mass atrocities and civil war," the Brussels-based International Crisis Group (ICG) warned in a report issued late Thursday."Escalating violence, increasingly hardline rhetoric and the continued stream of refugees (more than 200,000) indicate that divisions are widening, and the 'national dialogue' is ...
Sierra Leone emerges from Ebola nightmare FREETOWN: The Ebola epidemic is expected to be declared over in Sierra Leone on Saturday, when the west African nation will have gone 42 days without any new infections.But jubilation over ending the outbreak in the impoverished nation, where almost 4,000 deaths have been reported, has been tempered by caution, with neighbouring Guinea still battling the virus. Ebola was found in a 25-year-old pregnant Guinean woman and two of her children in Forecariah district, near ...


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 30, 2015
Reserves $19.828 bln