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 […]
Economic reforms, passage of bill will boost Nigeria’s economy —Control Risks
Control Risks, a global risk consultancy firm, yesterday said that the Federal Government fight on corruption, economic reforms and quick passage of some important bills before the National Assembly will boost the economy.
Ecobank explains sack of workers
Ecobank Nigeria on Thursday said that the recent reorganisation that affected some senior staff was designed to strengthen the bank’s business across all markets.
None BVN accounts would remain dormant – CBN
The Central Bank of Nigeria (CBN) yesterday, said that bank accounts without the Biometrics Verification Number (BVN) would be operated as “No Customer Initiated Debit”.
NAFDAC bans importation of beans into Nigeria
The Nigerian Agency for Food and Drug Administration and Control (NAFDAC), has announced the banning of foreign beans into the country except those screened by the Agency.
Naira ends 2day rally, depreciates to N355/$
The improving fortune of the naira in the parallel market was reversed yesterday as the currency depreciated to N355 per dollar in the market.
Who is “killing” the Naira?
The assumption that Nigeria is divided between those who “want” devaluation and those who oppose it is a false appearance. Any rational Nigerian, especially middle class individuals, who can be assumed to be rationally self-interested “want” a strong currency so that they can maintain real purchasing power and lifestyles in a globalized consumerist economy.
NSC seeks Customs’ support to make Nigerian ports hub for sub-region
The Nigerian Shippers’ Council (NSC) has solicited for support of Nigeria Customs Service to enhance the efficiency of Nigerian ports and make it a hub for the sub-region.
FG forecasts zero fuel subsidy in this year
THE Federal Government has said that the novel price modulation mechanism currently in place will ensure that it records zero expenses on fuel subsidy in 2016.
Nigeria spends $2bn importing agric products annually — Amaechi
The Minister of Transportation, Mr Rotimi Amaechi, has said the the country spends a total of $2 billion annually to import agricultural products into the country.
Buhari and the Solution to the Currency Quagmire, By Femi Pedro
Our nation is currently submerged in a currency crisis. The value of our national currency is tumbling against the dollar on a daily basis, and our foreign exchange reserves continue to dwindle as a result of the continuous fall in the price of crude oil. In recent months, there has been a rigorous debate as to whether the devaluation of our currency is the answer to these problems, and what specific measures need to be put in place to stabilize our currency and prevent further damage to our fragile economy. As the debate rages on, the damage to the naira, the economy, and the psyche of our people has intensified. The Central Bank of Nigeria (CBN) appears to have lost significant control of the situation, and speculators, currency traffickers and perpetrators of arbitrage have seized the initiative in the parallel market.
