AXA Mansard int’l health plan covers cancer, other chronic conditions
By Rosemary Iwunze AXA Mansard Health’s International Healthcare Plan, iMED, offers Nigerians access to comprehensive medical coverage for cancer, as well as critical medical procedures such as organ and bone marrow transplants, and international emergency medical assistance at leading healthcare facilities in Nigeria, the United States, the United Kingdom and Dubai. According to estimates by […]
Current exchange rate policy portends more risk to economy
The exchange rate policy of using the foreign reserves to defend the naira being pursued by the Central Bank of Nigeria (CBN) portends more risk to the economy.
Revisiting the Nigerian Stock Exchange —1
“Stock Exchange lost N780bn in turbulent Q1”, PUNCH, April 22, 2014.
The report by Simon Ejembi went on to disclose that “the Banking Index fell by 16 per cent in the first quarter of this year; more than any sectoral indices, in what some analysts say is the worst performance by the Exchange in 10 years.”
Dangote Cement laments high cost of production, pays N7 dividend
Dangote Cement Plc has decried the high cost of production, which it explained has resulted to the rise in the price of cement in the country, even as it rewarded shareholders with a dividend of N7.00 per share for the financial year ended December 31, 2013.
FIRS records N140bn shortfall in Q1 revenue collection
Acting Executive Chairman of the Federal Inland Revenue Services (FIRS), Alhaji Kabir Mashi, has said that the service recorded a shortfall of N140 billion in revenue collection in the first quarter of the year.
Single digit inflation rate unsustainable beyond 2014
A financial consultant, Dr. Biodun Adedipe of B. Adedipe Associates Limited has said that the current single digit inflation which hovered between 8.0 percent and 7.8 percent in the first quarter of 2014 is not sustainable because of the expected increased spending that will be occasioned by the 2015 general elections.
