Friday, 8 August 2014

Ebola: Family of dead Nigerian nurse on the run


The husband and children of the Nigerian nurse who died after getting infected with the Ebola virus are on the run, the health officials in the country have said.

Nigeria is the fourth West African country to be hit by the Ebola outbreak since it first emerged in March in Guinea.  The virus entered the country when Patrick Sawyer, who was suffering from the disease arrived by plane late last month in Lagos.

Sawyer, who worked for the Liberian government in Monrovia and had a wife and three young daughters in Minnesota, was on a business flight to Nigeria when he fell ill.

The nurse, the only Nigerian fatality from the disease which has killed over 900 people in four West African countries, was exposed to the virus at a health facility Sawyer was taken before his death.

The nurse’s family were not the first to flee from quarantine. In Sierra Leone, 

Thursday, 7 August 2014

10bn Capital Base for Development Finance Institutions- CBN

In its bid to strengthen financial institutions in the country, the Central Bank of Nigeria (CBN) has released operational guidelines for development finance institutions (DFIs) stipulating a minimum capital of N10 billion minimum capital for Wholesale Development Financial Institutions (WDFI) N5 billion for Retail (RDFIs).

According to the Exposure Draft Regulatory and Supervisory Guidelines for Development

FG to sell N100 billion in bond



The Federal Government plans to auction N100 billion ($617 million) in bonds with tenors ranging from three to 20 years at auction next Wednesday, the Debt Management Auction (DMO) has said.



The DMO Click Here said Thursday that it will offer 15 billion naira in three-year, 50 billion naira in 10-year and 35 billion naira in 20-year debt.



All the bonds are re-openings of previous issues.




Ajibola Aderonke is an auditor at professional services firm Ernst & Young (EY). She previously worked another Big 4 accounting firm PwC. She can be reached at ajibolaaderonke@gmail.com for ideas and suggestions. The post above and its ensuing comments, if any, is purely the opinion of the writer.