By Agency reporter Thursday, 18 Nov 2010 Brussels: Unilever won European Union approval to buy Sara Lee Corporation‘s shower-gel and European detergents business after it agreed to sell off the Sanex deodorant and body-wash brand in the region. According to Bloomberg, the sale of the Sara Lee unit allays competition concerns […]

By Agency reporter Thursday, 18 Nov 2010 New York: Home ownership may be falling out of reach for more Americans as lenders toughen their standards for Federal Housing Administration-insured loans beyond what the agency itself requires. Bloomberg reported on Wednesday that mortgage lenders including Wells Fargo & Company and Bank of […]

By Emeka Ezekiel, Abuja Thursday, 18 Nov 2010 Nigeria requires about N45tn to solve its housing deficit, currently estimated at 16 million units. This is contained in a report on, “Challenges Facing Housing Delivery in Nigeria,” prepared by the Federal Mortgage Bank of Nigeria, a copy of which was obtained by […]