By Robin Emmott BRUSSELS (Reuters) – The International Monetary Fund urged Europe on Wednesday to pump as much as 200 billion euros into its banks and warned of a freeze in lending and an ensuing recession if the region’s leaders failed to do more to reassure panicky investors. Europe has […]

04/10/2011 EMMA UCHE   *** Proposes N4.8tr Budget for 2012. ABUJA, October 04, (THEWILL) – The Presidency has finally phased out the highly contentious fuel subsidy beginning from the 2012 fiscal year. Also, the federal government has made a budget proposal of N4.8trillion for the 2012 fiscal year based on […]

By John O’Donnell and Ilona Wissenbach LUXEMBOURG (Reuters) – European finance ministers agreed on Tuesday to safeguard their banks as doubts grew about whether a planned second bailout package for debt-laden Greece would go ahead. Hours earlier French-Belgian municipal lender Dexia SA became the first European bank to have to […]