NEWS YOU CAN TRUST I **MONDAY 14 JANUARY 2019 I VOL. 15, NO 223 I N300
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Foreign Reserve - $43.05bn Biggest Gainer Biggest Loser Cross Rates - GBP-$:1.28 YUANY-N53.97 Nestle JBerger N28.4 9.86 pc N1401.1 -3.37 pc Commodities 29,830.70
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Lessons for Nigeria as Ghana’s ‘successful’ health insurance flounders O CALEB OJEWALE
nce upon a golden era in Ghana, for $1.5 (N540) premium, one could undergo a brain or heart surgery through the national health insurance, provided it was due to an accident. Today, some Ghanaians think
Inside Nigeria’s cashew juice market longs for savvy Pull-out investors
Rewane-led minimum wage committee to weigh risks of P. A5 review on economy
BD INVESTIGATIVE SERIES
the scheme has been reduced to a mostly Paracetamol dispensary. Over 40 percent of Ghanaians are covered by health insurance, while in Nigeria, less than 5 percent have
health insurance coverage, with most enrolees in the formal sector, and poor coverage in the informal sector. Ghana’s health insurance was a gold standard of sort when it Continues on page 52
Market I&E FX Window CBN Official Rate Currency Futures
($/N)
FGN BONDS
TREASURY BILLS
Spot ($/N)
3M
6M
5Y
364.94 306.90
-2.09 13.21
-0.07 14.32
-0.02
NGUS MAR 27 2019 364.89
15.08
NGUS JUN 26 2019 365.34
10 Y 20 Y 0.00 -0.03 15.49
15.38
NGUS DEC 24 2019 366.24
Onnoghen: Presidency embarks on illegal power grab ... Abuse of due process will send wrong signal to investors – Saraki CHRIS AKOR, Lagos & OWEDE AGBAJILEKE, Abuja ever in the history of Nigerian democracy, not even during the infamous third-term agenda of former president Obasanjo, has the presidency decided to take on the judiciary and directing the Chief Justice to stand down from office without due process of the law. It emerged over the weekend that the government, purportedly on the strength of a petition by an obscure organisation, the Anti-corruption and Research based Data Initiative, whose leader was a former spokes-
N
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