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IMF sees slow growth for rich nations in 2011

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 […]

2011: Experts optimistic about financial outlook for banks

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 […]

Nwuche blames financial authorities for crises

By Ademola Alawiye Monday, 3 Jan 2011 A former Deputy Speaker of the House of Representatives, Mr. Chibudom Nwuche, has blamed the crisis that rocked the financial sector in the last two years on monetary and fiscal authorities. Nwuche, who is also a member of the Presidential Advisory Council, said in […]