World News

Policy Steps Toward a Full-Speed Global Economy

By Christine Lagarde Managing Director, International Monetary Fund   Brookings Institution, Washington DC, June 4, 2013   Introduction   Good afternoon. It is always a pleasure to come to Brookings, one of the most influential research institutions in this country. Let me thank the members of the Board and the […]

First Bank shuts operations Thursday, reopens Monday

Customers of First Bank Limited may find it difficult to carry out some banking transactions from Thursday to Monday due to the decision to shut down the bank’s branches nationwide during the period. The shutdown, according to the bank, is to enable it upgrade its core banking application from Finacle […]

Dangote Is Africa’s First $20 Billion Man, now 25 richest in the world

Nigerian billionaire and Africa’s richest man Aliko Dangote has scored yet another first. This time, he has been named the Africa’s first $20 billion man, thus becoming one of the top 25 richest men in the world. With a current market cap of $20.5 billion, Dangote Cement becomes the first […]