President Muhammadu Buhari’s (pictured) government is seeking to spend its way out of an economic crisis triggered by a collapse in oil. (Photograph: Tiksa Negeri/Reuters)

Nigeria’s government is in talks for concessionary loans worth $3.5 billion from the World Bank and African Development Bank to help finance a planne(...)

Former financial regulator Patrick NearyPatrick Neary arriving at the Oireachtas banking inquiry last May. Photograph: Dara Mac Dónaill.

2008 March 17th: St Paddy’s Day massacre as Anglo shares plummet 30 per cent in price. September 15th: US bank Lehman Brothers collapses. Septe(...)

Speaking in advance of a general election business debate, which Ibec and The Irish Times are hosting on Thursday morning, Ibec chief executive Danny McCoy said the scramble to narrow the tax base by dramatically cutting or abolishing the USC is “a race to repeat past mistakes”.

Any cuts to the Universal Social Charge (USC) will leave Ireland “vulnerable and exposed” to future economic shocks, employers’ group Ibec has warned.(...)

The Oireachtas banking inquiry report finds the board of Bank of Ireland discussed how it could request taxpayer investment as a source of equity. Photograph: Bryan O’Brien/The Irish Times

There was a culture of excessive executive pay in the banks, according to the banking inquiry report. Recommendations in the report, released on Wedn(...)

The European Central Bank “explicitly threatened” the government in March 2011 it would withdraw emergency support for Ireland’s banks if losses were imposed on senior bondholders, the Oireachtas banking inquiry has found.

The European Central Bank explicitly threatened the government in March 2011 it would withdraw emergency support for Ireland’s banks if losses w(...)

 Greek prime minister Alexis Tsipras  with Christine Lagarde, managing director of the IMF, at a bilateral meeting  in Davos. Photograph: Jean-Christophe Bott/ EPA

The International Monetary Fund has reiterated its call for debt relief for Greece, raising pressure on European countries to cede to Greek demands fo(...)

Former Governor of Central Bank John Hurley has objected to the finding  of the inquiry. Photograph: Leah Farrell/Photocall Ireland

A reference to the solvency of the banks was removed from a government statement issued on the morning of the bank guarantee, the Oireachtas banking (...)

A protest outside the national television building  in Chisinau, Moldova, against the new government headed by pro-European  Pavel Filip. Photograph:  Dumitru Doru/EPA

Opposition leaders in Moldova vowed to continue street protests until the controversial new government resigns and snap elections are called. Thousa(...)

Christine Lagarde demonstrated leadership during the global financial crisis, Minister for Finance Michael Noonan said. Photograph: Fabrice Coffrini/Getty

Christine Lagarde has picked up support from European countries including Ireland and a one-time rival for a second term as leader of the Internationa(...)

Christine Lagarde: no challengers have emerged for the top IMF job

The International Monetary Fund said it plans an open selection process for its top job and will begin accepting nominations on Thursday, even though(...)