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Saturday, November 21, 2009
News Making Money

IFC and Nigeria’s Health Insurance Scheme to Widen Insurance Coverage in Nigeria

22/10/2009 11:34 (30 Day 03:37 minutes ago)

The FINANCIAL -- IFC, a member of the World Bank Group, and Nigeria’s National Health Insurance Scheme announced on October 21 that they will work together to help extend health insurance to more Nigerians.

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"IFC and NHIS signed an agreement to develop an information technology system and new business practices to enhance the performance of NHIS and expand health insurance coverage in Nigeria. The partnership will also include a review of laws, regulations, and institutions that govern the health care sector. In addition, IFC and NHIS will devise a strategy to finance improvements," IFC reported. 

 

Mohammed Dogo-Muhammad, NHIS’s CEO and Executive Secretary, said, “NHIS is pleased to partner with IFC on this important initiative to improve efficiency and performance of Nigeria’s health insurance system and ultimately increase access to health care for all — a priority for the Nigerian government.”
 
Solomon Adegbie-Quaynor, IFC Country Manager for Nigeria, said, “By implementing reforms based on international best practices, IFC and NHIS will help improve Nigeria’s health insurance, ensure its sustainability, and bring health care to Nigerians that need it the most.”

 

IFC places a high priority on increasing access to health care for people of all income levels and raising standards of quality and efficiency in the sector.  This initiative is part of the larger IFC-World Bank strategy to support improvements to health care in Sub-Saharan Africa.

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (01:17 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (04:31 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.







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