The Federal Government on Tuesday hinted of its new moves to ensure the implementation of a standard and effective labour best practice in the informal economy. The Minister of Labour and Employment, Senator Chris Ngige, disclosed this while declaring open the 2021 two-day annual conference of Senior Officers of the Professional Departments of the Federal […]
Health & Environment
Expert Forecasts Healthcare Sector Post-COVID Claims Crisis
The Chief Executive Officer of specialist insurance broker – New Dawn Risk -, Max Carter, has expressed concern over an expected post-COVID claims crisis in healthcare sector. Speaking on how COVID-19 has impacted the healthcare system, Carter said: “If there is one thing that parties on all sides can agree, it is that COVID has […]
LCCI Charts Multi-Pronged COVID-19 Control Strategy For FG
As the surging wave of the new Omicron variant of the COVID-19 pandemic continues to create new anxieties across geo-political zones globally, the Lagos Chamber of Commerce and Industry (LCCI) has canvassed the adoption of a multi pronged approach by the government to further strengthen Nigeria’s response to the pandemic, especially in view of the […]
HealthPlus Launches West Africa’s First ePharmacy, Digital Prescription Website
HealthPlus, Nigeria’s first integrative pharmacy, has launched West Africa’s first-ever ePharmacy and digital prescription platform. The technology-powered platform will enable Nigerians located anywhere in the country and indeed anywhere in the world to get prescriptions from a certified pharmacist and have the pharmaceuticals delivered promptly to them. According to the company, this game-changing application will […]
NAFDAC Cautions Nigerians On Abuse Of Antibiotics
The National Agency for Food and Drug Administration and Control (NAFDAC) has expressed serious concern over the increasing rate of irrational use of antibiotics, which has further accelerated the process of Antimicrobial Resistance (AMR), leading to avoidable deaths. The Director General of NAFDAC, Professor Mojisola Adeyeye, raised this alarm at the virtual 2021 World Antimicrobial […]
Gold Prices Upswing As New Variant Of COVID-19 Spikes In S/Africa
Gold prices surged today globally but more particularly in Indian market as concerns over a new Covid-19 variant spreading in South Africa boosted the metal’s safe-haven appeal. A news report by livemint.com, an online medium, indicated that on India’s MCX, December gold futures rose 1.4% to ₹48,073 per 10 gram while silver futures jumped 0.4% to ₹63420 per […]
Nigeria Seeks $30Mn Loan From World Bank To Build Covid-19 Vaccine Plant
The Federal Government has approached the World Bank for a loan of $30 million to be used for the building of a COVID-19 pandemic vaccine plant in the country. President Muhammadu Buharii, who gave this hint at the graduation ceremony of Senior Executive Course 43 participants of the National Institute for Policy and Strategic Studies, […]
Reinsurers Mull Diversification From Property Space Amid COP26 Outcome – Analysts
New research findings have indicated that some re/insurers may discontinue their risk coverage from the property catastrophe space in 2022 due to rising frequency and severity of secondary perils that are adding pressure to margins, leading to greater diversification towards other classes of business A report by Peel Hunt, a United Kingdom-based boutique investment banking […]
COVID-19 Plan B Could Cost UK Economy £18Bn, Prime Minister Warned
Top officials at the Cabinet Office have reportedly cautioned the UK Prime Minister, Boris Johnson, of the dire socio-economic consequences of going ahead with plan to implement the Government’s COVID-19 Plan B for a five-month period. A news report by inews.co.uk, an online medium, indicated that a leaked Government document projected that going ahead with the […]
CBN Earmarks N200Bn For Healthcare Sector
The Central Bank of Nigeria (CBN) on Friday disclosed that it had earmarked N200 billion to support the healthcare sector in view of its critical roles in the current drive to sustain the nation’s economic recovery. The apex bank governor, Mr, Godwin Emefiele, made this disclosure at the inauguration of Duchess International Hospital, a newly […]