Wednesday, December 17, 2025
26.3 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

CBN Liquidates Aso Savings and Loans, Union Homes Savings and Loans 

As part of its efforts to re-position the mortgage...

NCC: Regulatory Intervention Attracts $1bn Investment from Telecom Operators  

Mrs. Tolulase Omodele-Rufai Deputy Director Nigerian Communications Commission (NCC) Lagos Zonal Office The...

NDIC, NIBSS Plan MoU to Fast-track Reimbursement of Depositors

The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria...

Renowned Economist, Tony Epelle, Advocates $2tn Economy by 2030

L-R: Garba Kurfi, Managing Director/CEO, APT Securities and Funds...

Topics

Africa Telecom, Finance Leaders Assess Digital Investment Opportunities

Leaders from Africa's biggest telecom investment companies including MTN,...

Banks Have Low Expertise in Oil & Gas Business

Nigerian banks have limited k n o w l e d g e and understanding of oil and gas business, thus making it difficult for financial institutions in the country to tailor the right financing model for operators in that sector of the economy. That was a crucial point from the Nigeria Oil & Gas (NOG) 2015 communiqué issued over the weekend According to the communiqué, the restricted lending capacity of indigenous banks and rate disadvantage cannot compare to various money lenders elsewhere while poor credit rating also affect money lenders’ ability to support indigenous companies operating in oil and gas business.

NAICOM Seeks Support of Police Force in Enforcement of Compulsory Insurances

The Commissioner for Insurance/CEO of the National Insurance Commission...

AfCFTA: Why Nigeria May Lose Out in Agro-export to 1.2bn Consumers-Okakpu

Captain John T. Okakpu MD/CEO ABX World Limited The African Free Trade...

Emirates Clinches 3 Gongs at World Travel Awards

Emirates has been named as the World’s Leading Airline...

Rio Olympics 2016! The Aviation Factor

Olympic Flame was Delivered in Four Lamps The Olympic torch...

Nigeria’s Power, Finance and Energy Investors to Parley FG in Oct

Leading development finance institutions and heads of Nigeria’s most...
spot_img

Related Articles

Popular Categories

spot_imgspot_img