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Thousands of youths gather at Afrika Shrine in Lagos

Thousands of youths have reportedly converged on the Afrika Shrine in Agidingbi, Ikeja, Lagos, set up by Femi Kuti, the son of Afrobeat legend, Fela Anikulapo-Kuti, in protest against the withdrawal of fuel subsidy by the Federal Government. The protesters said they had to exercise their rights to peaceful assembly […]

Kenya shilling firms vs dollar on c.bank repo

The Kenyan shilling firmed 0.8 percent against the dollar on Monday after the central bank said it was looking to mop up $52 million through repurchase agreements. The Central Bank of Kenya has been busy taking out liquidity and selling dollars to support the shilling, which has fallen more than […]

Ezekwesili Quits World Bank

Vice-President for Africa, World Bank, Mrs. Oby Ezekwesili, has resigned from the Bretton Woods institution, after five years of meritorious service. Her resignation takes effect from the first week of May. The World Bank President, Mr. Robert Zoelick, who made this known in a letter made available to THISDAY, said […]