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AVON, UBA Partner On Bespoke Health Plans For Children

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UBA Redeems USD500 Million 5-year Eurobond

Avon Healthcare Limited, a leading health management organisation has partnered with pan-African financial institution, United Bank for Africa (UBA) Plc, to develop well-tailored and unique health plans for children.

The collaboration to develop the new health plans became necessary due to the gap that exists in the area of child healthcare and both organisations have joined forces to change the narrative where children are usually not adequately insured while also ensuring the achievement of universal health coverage in Nigeria especially for the children.

The new healthcare plan tagged the UBA Kiddies Health Plan has two variants: the UBA Kiddies Plus and Prestige which allows individuals with UBA Kiddies or UBA Teens account easy access to affordable healthcare services without paying out of their pocket.

Specifically, this well-designed healthcare plan will allow Avon HMO to tap into an existing base of thousands of customers who have active UBA accounts or seek to open these accounts to enable them to access great healthcare services.

The Head of Retail Sales and Partnerships at Avon HMO, Dr Babajide Oyeduntan, who threw more light on this partnership, said this initiative, was in line with the organisation’s reputation for innovatively expanding healthcare access through strategic collaborations with forward-thinking companies.

READ ALSO: Ondo Suspends Road Transport Workers’ Union Over Clash

Oyeduntan said: “Over the years, we have launched a series of products in partnership with various entities with the overall aim of improving healthcare access. Only recently, we launched the Kaffy Health Plan for the entertainment industry, as well as bespoke health plans for women with Shecluded – a female-oriented financial services company.

Therefore, the newly launched Kiddies Health Plan in partnership with UBA further emphasises our commitment to securing the health of our children and improving healthcare access for all Nigerians.”

The Head, Personal Banking at UBA Group, Ogechi Altraide, said that UBA was excited to partner with Avon to give UBA customers the opportunity to enjoy access to dental care, eye tests/surgeries, back-to-school checks and many more, which she stated were part of the organisation’s promise to help its customers get more value from their loyalty to the bank.

She said: “Despite their susceptibility to sickness, children remain one of the least insured in the country. Meanwhile, healthcare insurance is by far the most important predictor of whether children will receive much-needed health care. The launch of this new health plan is, therefore, an important milestone for us as we continue to put our customer first.”

With less than five percent of the country’s population under any sort of heath cover, there remains a lot to be done to improve healthcare access. As such, these new products from Avon HMO and UBA are key signposts in the country’s journey towards achieving universal health coverage.

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BREAKING: CBN Speaks On Devaluation Of Naira To N630/$1

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BREAKING: Old Naira Notes Deadline Stays - Emefiele
CBN Governor Godwin Emefiele

The Central Bank of Nigeria ( CBN) on Thursday denied devaluing the naira .

This clarification came from the
Acting Director, Corporate Communication, Dr. Isa AbdulMumin, in a statement titled, “CBN Has Not Devalued the Naira”.

He said: “The attention of the Central Bank of Nigeria (CBN) has been drawn to a news report… titled “CBN Devalues Naira To 630/31”.

“We wish to state categorically that this news report, which in the imagination of the newspaper is exclusive, is replete with outright FALSEHOODS and destabilizing innuendos, reflecting potentially willful ignorance of the said medium as to the workings of the Nigerian Foreign Exchange Market.

“For the avoidance of doubt, the exchange rate at the Investors’ & Exporters’ (I&E) window traded this moming (June 1, 2023) at N465/US$1 and has been stable around this rate for a while.”

The bank advised the public to ignore the news report in its entirety, saying it’s speculative and calculated at causing panic in the market.

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BREAKING: After Subsidy Removal, NNPC Increases Petrol Price To Over N500

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Senator Withdraws Support For Tinubu Over Choice Of Muslim Running Mate
President Tinubu

The Nigerian National Petroleum Company Limited (NNPC) on Wednesday adjusted the pump price of petrol by over 100% to between N488 and N557.

The development followed the announcement by President Bola Tinubu during his inaugural address on Monday that fuel subsidy was ‘gone’.

However, it was learnt that the president will meet with organised labour from 2pm Thursday (today) afternoon.

The prices have now been adjusted upward from between N189 to N194 to N537 per litre in Abuja and other North-central States.

For Lagos and other South-west states, a litre of fuel now sells for between N488 and N500 per litre.

In the South-east, the price will range from N515 to N520, while in the North-west, the price of the product was raised to N540. In the North-east, it moved from N199 to N557 per litre.

For the South-south, it is now from N511 to N525 per litre. Nigeria’s subsidy budget of N3.6 trillion for this year, expires in June, 2023.

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BREAKING: FCMB Founder Olasubomi Balogun Dies

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Olasubomi Balogun

Theo Founderf First City Monument Bank (FCMB), Otunba Michael Olasubomi Balogun, is dead.

According to reports, family sources revealed that Balogun died in London Friday morning at the age of 89.

He was Otunba Tunwase of Ijebuland before his death.

As a ranking Ijebu Chief, his death will, however, only be officially announced in line with tradition.

 

 

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