By Emeka Ezekiel, Abuja Wednesday, 8 Dec 2010 The Federal Government has said that it has begun negotiations with the World Bank for the provision of Partial Risk Guarantee for private sector investors, who will invest in Independent Power Projects. The Minister of Finance, Mr. Olusegun Aganga, disclosed this during a […]

By Stanley Opara Wednesday, 8 Dec 2010 Nigeria has the second highest rate of inflation among 12 major oil producing nations in the world, investigation by our correspondent has revealed. The country’s inflation rate, which is currently 13.4 per cent, according to the National Bureau of Statistics, comes second after that […]

By Agency Reporter Wednesday, 8 Dec 2010 Irish Finance Minister Brian Lenihan said further cuts in social welfare spending are ”unavoidable,” as he published a 6bn-euro ($8bn) budget plan to halt a slide in investor confidence that forced the country into a bailout, Bloomberg reported on Tuesday. Lawmakers will begin voting […]