Tag: Financial

  • The secret to financial happiness

    The secret to financial happiness

    Jonathan Clements, author and former “Wall Street Journal” columnist, tells you how you can reach financial success in 11 weeks.
    The secret to financial happiness
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  • Our CIO talks expectations, interest rates, and blockchain

    Our CIO talks expectations, interest rates, and blockchain

    An interview with Greg Davis about investment and economic conditions, investor expectations, and technology’s effects on the financial markets.
    Our CIO talks expectations, interest rates, and blockchain
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  • The long view: Planning for financial happiness

    The long view: Planning for financial happiness

    Your financial life is about much more than just your portfolio. It’s also about your “human capital.”
    The long view: Planning for financial happiness
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  • Cuepacs donates RM20,000 to Covid-19 fund

    Cuepacs donates RM20,000 to Covid-19 fund

    Cuepacs donates RM20,000 to Covid-19 fund 3

    KUALA LUMPUR: The Congress of Unions of Employees in the Public and Civil Services (Cuepacs) will donate RM20,000 to the Covid-19 special fund to help ease the burden of those affected and in need of financial assistance.

    Its president Adnan Mat also urged civil servants to contribute to the fund through April and May payrolls.

    “We recommend a contribution of RM10 for implementers group and RM20 for management and professional groups and above. For top management groups, it is up them,“ he said in a statement today.

    Adnan said Cuepacs had sought the permission of Chief Secretary to the Government Datuk Seri Mohd Zuki Ali to implement the proposal in a comprehensive manner involving federal, states, statutory bodies and local authorities personnel.

    “The contribution is to help our colleagues who are in the frontline such as doctors, nurses, policemen, soldiers and so on,” he said. — Bernama

    Cuepacs donates RM20,000 to Covid-19 fund
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  • Finding an advisor you can trust

    Finding an advisor you can trust

    This webcast excerpt offers tips for finding a financial advisor you can trust, who understands your priorities, and who speaks your language.
    Finding an advisor you can trust
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  • Schistosomiasis elimination: refocusing on snail control to sustain progress

    Schistosomiasis elimination: refocusing on snail control to sustain progress

    Substantial progress has been made during the past decade to prevent and control schistosomiasis (also known as bilharziasis) globally. The disease affects more than 230 million people, mostly in sub-Saharan Africa.

    Progress is mainly due to large-scale periodic treatment of affected populations with praziquantel, the only medicine recommended by the World Health Organization (WHO) against all forms of schistosomiasis. Regular treatment cures mild symptoms and prevents
    progression to severe, chronic disease.

    “Through progressive scale-up of periodic large-scale treatment
    to control morbidity in many endemic countries, we are closer to
    achieving the minimum target of 75% global coverage of all school‐aged
    children,
    ” said Dr Amadou Garba Djirmay, who leads WHO’s global schistosomiasis control programme. “But
    if we want to achieve elimination, we must go a step further to
    introduce snail control in hot spots and in areas targeting elimination.
    This is bound to increase impact and accelerate progress towards
    interruption of transmission
    .”

    Expansion of treatment is largely supported by donated praziquantel from Merck KGaA of up to 250 million tablets annually. In 2018, almost 78 million children were treated, representing 63% of all school‐aged children eligible for treatment.

    Transmission: role of snails

    Schistosomiasis is an acute, chronic parasitic disease caused by infection with trematode worms of the genus Schistosoma. It is prevalent in tropical and subtropical areas, especially in poor, rural communities that have little or no access to
    safe drinking‐water and basic sanitation. Infection is transmitted when people suffering from schistosomiasis contaminate freshwater sources when evacuating urine and faeces containing the parasite’s eggs.

    Once an egg comes into contact with fresh water, it releases miracidia (hatchlings) which enter a snail and produce hundreds of cercariae (larvae) daily. The cercariae enter the human body on contact with the skin and develop into adult worms.

    Besides treatment with praziquantel, eliminating snail hosts and improving sanitation are important methods for sustainable prevention of the disease. Dam and irrigation projects are known to be potential sites for outbreaks of the disease. Snail management,
    often achieved through mollusciciding, can help to reduce transmission by eliminating these intermediate snail hosts.

    Vector control

    In 2017, the World Health Assembly – WHO’s decision making body – adopted resolution WHA70.16 on the Global Vector Control
    Response, calling on Member States to develop or adapt national vector control strategies and operational plans. The strategy aims to reduce by at least 40% the incidence of vector borne diseases, including schistosomiasis, by 2025.

    In response, WHO is reinforcing snail control as part of its strategic approach to achieve the target of eliminating schistosomiasis as a public health problem and, ultimately, the goal of elimination of transmission. Snail control will complement mass
    treatment campaigns and sustain the public health impact of this core intervention.

    To facilitate implementation of snail control, in 2019 WHO published on specific, standardized procedures and criteria for efficacy
    testing and evaluation and in 2017 a manual on the use of molluscicides in the field. WHO is also planning to strengthen capacities
    of health staff in medical malacology in order to reinforce snail control activities in countries.

    In the past, molluscicides (particularly niclosamide1 based products) were widely used in schistosomiasis control programmes. For example, in China programmes largely relied on snail control for over 30 years to overcome the disease as a public
    health problem. In other parts of the world, however, snail control programmes were gradually discontinued and competencies faded away.

    “Snail control is a crucial component of the global schistosomiasis elimination strategy,” said Dr Rajpal Yadav, Scientist, WHO Department of Control of Neglected Tropical Diseases. “It
    is time we look for new snail control products that are cost–effective
    and of low risk to humans and the environment. Some efforts are being
    made to explore molluscicide compounds from plants, marine algae and
    microorganisms
    .”

    An integrated control strategy involving mass treatment with praziquantel, snail control and environmental modification, wider access to sanitation and safe water, economic and environmental development, health education and poverty-alleviation can greatly
    contribute to sustainable control and elimination of schistosomiasis.

    WHO’s new road map on neglected tropical diseases for 2021–2030, due to be launched later this year, advocates enhanced financial and political support to achieve the target of interruption of transmission. Additional research to address gaps,
    develop tools and optimize the impact of existing programmes with snail control will complement the core strategic approach.

    Schistosomiasis: forms of the disease

    There are two major forms of schistosomiasis – intestinal and urogenital.

    Intestinal schistosomiasis usually results in diarrhoea and blood in the stool; enlargement of the liver and of the spleen and portal hypertension are common in advanced cases.

    Urogenital schistosomiasis is characterized by the presence of blood in the urine. Chronic infection results in fibrosis of the bladder and ureter that can evolve to hydronephrosis and create conditions for bladder cancer.

    In women, urogenital schistosomiasis can cause vaginal bleeding, pain during sexual intercourse and nodules in the vulva, a condition now described as female genital schistosomiasis. In men, urogenital schistosomiasis can induce disease in the seminal
    vesicles and prostate.


    1Limitations with the use of formulations based on niclosamide include restrictions on the usage of water immediately after application and temporary toxicity to non-target aquatic organisms including
    fish, amphibians and invertebrates. 

     

        Schistosomiasis elimination: refocusing on snail control to sustain progress
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      • Court Orders Forfeiture Of Retired Army General’s N293m, Property Over Financial Theft

        Court Orders Forfeiture Of Retired Army General’s N293m, Property Over Financial Theft

        Court Orders Forfeiture Of Retired Army General’s N293m, Property Over Financial Theft 4

        Court Orders Forfeiture Of Retired Army General’s N293m, Property Over Financial Theft 5


        The Federal High Court in Lagos on Thursday ordered the forfeiture of N293m, six parcels of land and 30, 000 MTN shares recovered from a former commander of the military Joint Task Force, Operation Pulo Shield, in the Niger Delta, Maj. Gen. Emmanuel Atewe (retd).

        Justice Mohammed Liman made an order for the temporary forfeiture of the assets to the Nigerian Government following an ex parte application by the Economic and Financial Crimes Commission.

        The EFCC alleged that the assets were part of proceeds of N8.5bn, which Atewe allegedly diverted from the military operation between September 5, 2014 and May 20, 2015.

        The landed properties were identified as 50 hectares of farmland at Plot No. FL746B Gaube Farmland Extension II Layout, Kuje, Abuja; a piece of land located at Commercial Layout, Yenagoa Gardens, Bayelsa State; one hectare of land in Kuje District, Abuja; Plot No. CP10, Sector Centre B Layout, Kuje, Abuja; Plot MF62 Outer Northern Expressway Cadastral Zone, Abuja; Plot No. 1228 Jahi, Abuja; four hectares of land designated as Plot No.CP6386 and Plot No.CP6387, Sabon Lugbe, Abuja.

        An investigating officer of the EFCC, Adamu Yusuf, said Atewe purchased the 30,000 MTN shares for N170,350,000.

        Counsel to the EFCC, Rotimi Oyedepo, said it would be in the interest of justice for the court to order the temporary forfeiture of the assets.

        After listening to him, Justice Liman granted the prayers and ordered that the temporary forfeiture order be published in a national newspaper.

        The judge adjourned until April 20 for anyone interested in the assets to appear before him to show reasons why they should not be permanently forfeited to the Nigerian Government.

        The EFCC had since 2016 been prosecuting Atewe alongside a former Director-General of the Nigerian Maritime Administration and Safety Agency, Patrick Akpobolokemi; Kime Engozu and Josephine Otuaga.

        They were accused of conspiring to divert N8.5bn of the military Operation Pulo Shield in the Niger Delta.

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      • UBA Donates N5bn To Support Coronavirus Fight In Africa

        UBA Donates N5bn To Support Coronavirus Fight In Africa

        UBA Donates N5bn To Support Coronavirus Fight In Africa 6

        UBA Donates N5bn To Support Coronavirus Fight In Africa 7


        The United Bank for Africa Plc on Thursday announced a donation of N5bn ($14m) through the UBA Foundation to support the fight against Coronavirus.

        The donation will provide significant and much needed support to Nigeria and 19 other African countries by supplying relief materials, critical care facilities, and financial support to governments, according to the bank.

        The donation will be allocated as follows: N1bn to Lagos State Government, N500m to Federal Capital Territory, Abuja, N1bn to the remaining 35 states in Nigeria, N1.5bn to UBA’s presence countries in Africa, N1bn for medical centres with equipment and supplies free telemedicine call centre facility.

        The bank revealed that it will fund a medical centre immediately in Lagos with beds for isolation and ICU facilities, managed and operated in partnership with Heirs Holdings’ healthcare subsidiary, Avon Medical Hospital.

        UBA Group Chairman, Tony Elumelu, said, “This is a time when we must all play our part. This global pandemic must bring citizens, governments and business leaders together – and quickly.

        “As we see a rapidly increasing number of cases of the Coronavirus in Nigeria and Africa, the private sector has to work hand in hand with various governments in stemming the spread of the global pandemic.

        “We commend the efforts of governments and we are keen to partner and contribute our resources to the collective effort that will ensure the response to the pandemic is swift and effective.”

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