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New housing policy to become operational next year

The revised National Housing Policy, which is expected to provide an appropriate framework for the revitalisation, regulation and management of housing and urban development, will become operational next year. The document, which was prepared by a committee chaired by the pioneer Managing Director, Shelter Afrique, Mr. Fortune Ebie, and submitted […]

Analysis: Pain may not be over for U.S. banks

Even experienced Wall Street contrarians are eyeing the beaten-down U.S. financial sector warily. The sector is down 20 percent this year, by far the worst performer in the S&P 500. The weakness has been so pervasive that the S&P, which is down 1.8 percent in 2011, would be up 3.3 […]

IMF chief Lagarde to visit Niger, Nigeria

International Monetary Fund managing director Christine Lagarde will visit Nigeria and Niger on December 18-22 on her first visit to Africa while leading the crisis lender, the IMF said Monday. Lagarde will meet policymakers and representatives of the private sector and civil society to discuss challenges facing African countries, the […]