Thursday, March 12, 2026
33.5 C
Lagos

Insurance, Aviation Leaders Seek Synergy for Market Growth

 

A high-level stakeholders follow up meeting of the insurance and aviation sectors was convened recently in Abuja to consider synergy for the growth of both sectors.

The meeting which was chaired by the Honorable Minister of Aviation and Aerospace, Mr. Festus Keyamo, also had in attendance the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, Chairman, Senate Committee on Banking,  Insurance and other financial institutions, Senator Munkhail Abiru, Chairman, House Committee on Insurance and Actuarial Matters, Hon. Ahmed Jaha, representatives of the Nigeria Civil Authority, PEBEC, Nigeria Insurers Association, Nigeria Council of Registered Insurance Brokers, Airline Operators of Nigeria amongst other stakeholders.

The Minister of Aviation and Aerospace in his opening remark appreciated all stakeholders for accepting the invitation and stated that the meeting was crucial for the progress of the operations of airline operators and growth of the Nigerian insurance market.

It was agreed that a wider meeting of the Nigerian delegation with the international lessors and financiers is going to be held early next year.

spot_img
spot_img
spot_img

Hot this week

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Union Bank of Nigeria Marks Int Women’s Month 2026 with Inclusion-First “Give to Gain” Campaign

L-R: Chief Talent Officer, Union Bank of Nigeria, Omayuli...

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

FG Inaugurates Committee on Grid Asset Management Company to Boost Power Sector

President Bola Tinubu has constituted an 11-member committee to...

Tinubu Approves Posting of 31 Career, 34 Non-Career Ambassadors

President Bola Ahmed Tinubu has approved the postings of...

Topics

AIBA Holds Webinar April 21on Impact of Covid-19 Pandemic

 The African Insurance Brokers Association (AIBA) will hold a webinar...

SanlamAllianz Flags Off 12-City Roadshow to Deepen Customer Engagement, Awareness

SanlamAllianz, Nigeria's leading insurance powerhouse formed from the merger...

U.S. Condemns China’s Cyber Rules for Insurers

Controversial cyber security regulations for China’s insurance industry, now...

Emirates, flydubai Partnership Announce First Codeshare Routes

Following the commencement of their partnership, Emirates and flydubai...

IATA: Air Passengers Top 4bn in 2017

The International Air Transport Association (IATA) announced industry performance...

Chinese Dominance Worries Nigeria’s Textile Traders

Nafiu Badaru, a junior civil servant in northern Nigeria's biggest city Kano, doesn't make much money and it takes some cash to look good so he tends to buy Made-in-China fabric."A piece of high-quality brocade (cloth) costs around 10,000 naira ($50, 47 euros), which is way too expensive for me," he told AFP. "With the same amount of money, I can buy six pieces of cheap Chinese brocade which cost only 1,500 Naira a piece and still keep some change."The proliferation of Chinese-made textiles is a boon for consumers like Nafiu, with Kano and the wider North struggling with unemployment and economic constraints. Click here to make a lazy tweet.

Heritage Bank CEO: ‘SMEs Need Digital Identity to Access Credit’

The Nigerian government must resolve the identity management system...
spot_img

Related Articles

Popular Categories

spot_imgspot_img