Curator

http://ift.tt/2rJUN5l By Babajide Komolafe THE banking industry recorded sluggish growth within the first two years of the President Buhari administration. Even that marginal growth was mired by phenomenal increase in non-performing loans, NPLs, occasioned by combination of naira depreciation, high inflation and downturn in economic activities. Growth in assets and increased patronage: Within the first two years of the administration, the banking industry assets and liabilities grew by 14.2 per cent per cent, as against average annual growth rate of 25 per cent. According to the Central Bank of Nigeria, CBN, total assets/liability of banks rose to N32.1 trillion in February from 28.4 trillion at end of June 2015. Lending to the private sector The industry’s lending to the private sector of the economy rose marginally to N22.4 trillion in February 2017, about 16 per cent from N18.9 trillion as at June 2015. However, the industry also recorded increased patronage from...

http://ift.tt/eA8V8J •Makes case for cancer screening machines The Association of Community Pharmacists of Nigeria has implored  the Federal Government to accord priority to the provision of cancer screening machines in hospitals, medical research centres and health institutions across the country. Making the appeal in Lagos during a Free Medical Outreach organized for residents of Mosan-Okunola LCDA in Alimosho local government area of Lagos State in partnership with OFRED International Limited, the association, speaking through one of its members, Mrs Nsere Mfon, decried lack of  cancer screening machines which she noted would have prevented some avoidable deaths. “I urge the Federal Government to take urgent steps to remedy the situation. Some of these ailments which often resulted in Nigerians being flown to India or any other country abroad at the last-minute could have been avoided if cancer screening machines are available. Screening will lead to early detection, an...