Nigerian Times

18 Feb 2011 05:16 Africa/Lagos IMF Executive Board Concludes 2010 Article IV Consultation with Nigeria ABUJA, February 17, 2011/African Press Organization (APO)/ -- On February 11, 2011, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Nigeria.1 Background Nigeria has weathered the global economic recession and its own domestic banking crisis reasonably well. Economic growth in the first half of 2010 remained above 7½ percent and is expected to reach about 8½ percent for the whole year on the back of a recovery in oil production and continued strong growth in other sectors. However, inflation has been stuck in the low double digits for the past two years and foreign reserves have been falling as the Central Bank of Nigeria has focused on maintaining exchange rate stability and low interest rates. The fiscal stimulus intensified in 2010, notwithstanding the already solid growth performance and high inflation. After rising by 10 pe

Photo Credit: Trendz Info Happy New Year 2011! We give all the glory to God for protecting and saving our beautiful and wonderful life to see the dawn of another year and we trust HIM to continue to see us through in the coming years and decades! We thank God 24/7! 31 Dec 2010 10:00 Africa/Lagos The Top Baby Names of 2010 Revealed LONDON, December 31, 2010/PRNewswire/ -- Katie and Amy have fallen out of the list of the top 20 female christian names, it emerged yesterday (30th January 2010). The monikers of troubled stars Katie Price and Amy Winehouse have been replaced by prettier and less infamous names, Maisie and Isabella. The highest climber in the list of the most popular girls' names in the UK today is Bella, due in no small part to the lead character in Twilight, played by actress Kristen Stewart. Lacey, as in EastEnders actress Lacey Turner, is also on the up, soaring from number 57 up to 37. Florence is also becoming increasingly popular, moving up 33 places, as is Mais