By Stanley Opara Monday, 3 Jan 2011 The Board of Directors of Unity Bank Plc has been authorised by the shareholders of the bank to divest the bank’s investments in non-banking subsidiaries and associated companies. The investments, worth more than N6bn, are currently held in seven subsidiaries, three associated companies and […]

By Agency Reporter Monday, 3 Jan 2011 A two-speed global recovery will extend into 2011, with developed countries growing slowly while emerging-market economies power ahead, the International Monetary Fund has predicted. In an interview with the lender‘s online magazine, IMF Survey, Chief Economist, IMF, Mr. Olivier Blanchard, said the necessity for […]

By Ademola Alawiye Monday, 3 Jan 2011 Owing to the downturn witnessed in the financial sector of the economy in the last two years, experts have predicted an end to the recession, saying that the crises will not persist in 2011. The experts, who spoke in separate interviews with our correspondent […]