Business
Polaris Bank Offers Free Breast Cancer Screenings for 250 Women During Awareness Month
In support of Breast Cancer Awareness Month, Polaris Bank is offering free breast cancer screenings to 250 women, reinforcing its commitment to women’s health. This initiative aligns with the United Nations’ Sustainable Development Goal 3 (SDG 3), which promotes well-being for all ages.
Partnering with the NGO Care Organisation Public Enlightenment (C.O.P.E.), Polaris Bank has provided screenings to over 20,000 women and funded treatment for more than 30 cancer patients over the last decade. This year’s programme focuses on underserved communities, with an emphasis on early detection, crucial for reducing both treatment costs and mortality rates.
Polaris Bank’s holistic approach includes education, advocacy, and outreach to encourage regular self-examinations and timely medical intervention. The bank also fosters a supportive environment for breast cancer survivors through initiatives like “Celebrating Our Pink Heroes” and spa outings, aimed at reducing stigma and promoting healing.
The bank’s support extends beyond screenings, having co-financed the Marcelle Ruth Cancer Centre and Specialist Hospital (MRCC), a leading cancer treatment facility in sub-Saharan Africa. Women interested in the screenings can visit the bank’s website or social media pages for more details. Screenings are scheduled on the third and fourth Saturdays of October, and every third Saturday thereafter at the C.O.P.E. Centre in Lagos.
Polaris Bank, named Nigeria’s Digital Bank of the Year for three consecutive years (2021-2023), continues to leverage its digital platform to raise awareness and empower women with access to vital healthcare services.
Former Kaduna Central Senator Shehu Sani has criticized the World Bank for worsening Nigeria’s economic difficulties. In a post shared on X, Sani accused the institution of projecting that Nigeria’s hardship would extend for another 15 years before the country could reach a better economic future. He questioned how many Nigerians would be left to enjoy that future, and how many African nations the World Bank has successfully helped to prosperity.
Sani’s remarks follow the World Bank’s latest *Africa’s Pulse* report, which forecasts that the Nigerian Naira will be among the worst-performing currencies in Sub-Saharan Africa by August 2024. The report placed the Naira’s decline alongside that of the Ethiopian Birr and South Sudanese Pound.
Heirs Insurance Group (HIG) recently announced impressive financial results for the 2023 fiscal year, marking significant growth across all key metrics. The Group’s Gross Written Premium (GWP) surged by 59.3%, from N19.9 billion in 2022 to N31.7 billion in 2023. This remarkable performance underscores HIG’s resilience and operational efficiency, further solidifying its position as one of Nigeria’s fastest-growing insurance firms.
Heirs General Insurance (HGI) saw a 77% increase in GWP, reaching N12 billion in 2023. HGI’s profit before tax (PBT) also rose by 203%, reflecting the company’s effective cost management. Similarly, Heirs Life Assurance (HLA) reported a 71% GWP increase and a staggering 395% rise in PBT. Both companies have demonstrated a strong commitment to customer satisfaction, disbursing billions in claims.
Beyond financial success, HIG actively engages in corporate social responsibility (CSR) projects, contributing over N100 million to education, community development, and financial literacy. With plans for future expansion and innovation, HIG is poised to remain a key player in Nigeria’s evolving insurance market.
Federal Capital Territory (FCT) Minister, Nyesom Wike, has called on Nigerians to fulfill their tax obligations, emphasizing that government revenue is essential for delivering social services. Wike made this appeal during the inaugural Abuja Business and Investment Summit, held in Abuja on Wednesday.
Speaking on the summit’s theme, “Optimising Investment Through Partnerships,” Wike stressed the importance of collaboration to generate investment opportunities. He dismissed the misconception that the government does not need revenue, explaining that taxes are crucial for funding public services.
Wike reiterated that both investors and the government must benefit from such partnerships, ensuring that both parties “go home smiling” through a fair exchange of services and taxes.
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