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Economy probably gained speed at year end

By JEANNINE AVERSA, AP Economics Writer  WASHINGTON – Americans likely spent more freely and U.S.companies sold more abroad, giving the economy solid momentum at the end of last year. That’s boosting hopes for a stronger 2011.   Economists expect the government to report Friday that economic growth rose at an annualized rate […]

Economy probably gained speed at year end

By JEANNINE AVERSA, AP Economics Writer  WASHINGTON – Americans likely spent more freely and U.S.companies sold more abroad, giving the economy solid momentum at the end of last year. That’s boosting hopes for a stronger 2011.   Economists expect the government to report Friday that economic growth rose at an annualized rate […]

BOI approved N114bn fresh loans in 2010 – MD

By Stanley Opara Thursday, 27 Jan 2011 The Bank of Industry approved loans and investments worth N114.3bn in 2010, the Managing Director of the bank, Ms. Evelyn Oputu, said on Wednesday. Oputu said this represented an increase of 1,066.3 per cent over N9.8bn approved in 2005. She spoke at the 10th […]