The Monetary Policy Committee (MPC) met on 19th September, 2011 to review domestic economic conditions during the first eight months of 2011 and the challenges facing the Nigerian economy against the backdrop of developments in the international economic and financial environment in order to reassess the challenges facing monetary policy […]

By Jason Lange WASHINGTON (Reuters) – Housing starts fell more than expected in August as groundbreaking for both single-family and multi-family units declined, while permits for future construction rose, a government report showed on Tuesday. The Commerce Department said housing starts decreased the most since April, down 5.0 percent to […]

By Lesley Wroughton WASHINGTON (Reuters) – Europe and the United States could slip back into recession next year unless they quickly tackle economic problems that could infect the rest of the world, the International Monetary Fund said on Tuesday. The IMF said financial volatility had increased dramatically as investors worried […]