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Showing posts with the label 2017 at 11:44PM

U.S. fails to reassure Europe, Japan over ‘Trumponomics’

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http://ift.tt/eA8V8J The United States said on Saturday the world’s other rich economies were getting used to the policy plans of President Donald Trump, but Europe and Japan showed they remained worried about Washington’s shift. Officials from the Group of Seven nations met in southern Italy hoping to hear more about Trump’s plans which they fear will revive protectionism and set back the global approach to issues such as banking reform and climate change. U.S. Treasury Secretary, Steven Mnuchin, said the United States reserved the right to be protectionist if it thought trade was not free or fair. “We do not want to be protectionist, but we reserve our right to be protectionist to the extent that we believe trade is not free and fair. Our approach is for more balanced trade, and people have heard that,” Mnuchin told reporters at the end of the two-day meeting. “And as I say, people are more comfortable today, now that they’ve had the opportunity to spend time with me and listen ...

Forex: MSMEs now develop phobia for MfBs loan – NAMB

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http://ift.tt/eA8V8J By Providence Emmanuel THE National Association of Microfinance Banks (NAMB) Enugu State chapter, weekend, said that micro small and medium enterprises (MSMEs) have developed a phobia for accessing funds from Microfinance Banks (MfBs) due to unstable or unpredictable foreign exchange regime likely to hamper repayment capacity. Chairman, NAMB, Enugu State chapter, Mrs. Nnenna Ekete, in a statement, urged the government to introduce intervention projects that would help MSMEs businesses get out of their present quagmire by ensuring easy access to funds at a very little and subsidized interest rate via the microfinance institutions. Ekete who doubles as Managing Director, Umuchinemere Pro-credit Microfinance Bank (UPMFB) bemoaned the economic situation and the lingering unpredictable foreign exchange trend in the country, stressing that it poses a great danger and huge obstacle to growth and sustenance of MSMEs. She called on the federal government to quickly intr...

APC youths call for stakeholders meeting on modular refineries

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http://ift.tt/eA8V8J By Victor Ahiuma-Young N iger Delta Youth Vanguard for All Progressives Congress, APC,  has pleaded with the Federal Government, especially the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, to  hold town meetings with community stakeholders on the planned local refineries  in the region and how they would be managed effectively without generating crisis. In a statement in Warri, Delta State, yesterday, the group pleaded with the government to stop dealing with elders forum, claiming the elders were not representing the communities effectively. Its President, Mr Fredrick Ujobolo, who commended Kachikwu for his efforts, achievements and relative success in the cease fire in the Niger Delta region due to the ongoing dialogue between the government, militants and stakeholders in the Niger Delta region, insisted that the youths were in support of the Minister as he continues with his initiative for the development of the Niger Delta reg...

Laboratory scientists warn against abuse of antibiotics

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http://ift.tt/eA8V8J By Gabriel Enogholase B ENIN —TWO laboratory scientists, Prof. Dennis Agbonlahor, a former Vice-Chancellor of Ambrose Alli University, Ekpoma and the Edo State  Chairman of Association of Medical Laboratory Scientists of Nigeria, Dr. Raymond Omorodion, have admonished patients to stop the abusive use of antibiotic drugs in order to save their lives. They gave the advice, yesterday, in Benin, Edo State,  while speaking on  “Antibiotic Resistance: Biomedical Laboratory Scientists Respond to the Global Threat,” at a workshop organised by Lahor Research Centre in conjunction with the Edo State Association of Medical Laboratory Scientists of Nigeria, AMLSN, to mark the International Biomedical Laboratory Science Day. According to Prof. Agbonlahor, “If a drug is to be taken, it must be certified and prescribed by a trained physician,” adding that the onus rests on medical laboratory scientists to ensure that proper tests are carried out on a patient to ...