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European central banks to blast cash into economy

With Europe sliding toward recession, the region’s two main central banks are preparing to redouble their emergency measures aimed at softening the downturn and blunting the effects of the government debt crisis. Analysts expect the U.K.’s central bank, the Bank of England, to announce Thursday that it will inject another […]

Greeks seek elusive bailout deal, EU tempers fray

Greek parties will try again on Wednesday to agree a reform deal in return for a new international rescue to avoid a chaotic default, after delays prompted some EU leaders to warn that the euro zone can live without Athens. One deadline after another has come and gone. Leaders of […]

Jonathan Appoints Nuhu Ribadu to head Petroleum Task Force

PRESS RELEASE – PETROLEUM REVENUE SPECIAL TASK FORCE   Consistent with the policies and promises of President Goodluck Ebele Jonathan’s Administration, and underpinned by the yearnings of the people of Nigeria for transparency in the Petroleum Industry, the Honourable Minister of Petroleum Resources has set up a Petroleum Revenue Special […]