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Business

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Insurance

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NAICOM, NEM, NGX, Linkage, STI, NLNG, Leadway, NCDMB, Veritas, Stanbic IBTC Insurance, Others for Business Journal Annual Lecture 2024

A long list of blue-chip corporate organisations in the public sector and the Organised Private Sector (OPS) have pitched tent with the Business Journal Annual Lecture 2024 coming up on Tuesday, November 26, 2024 at the Event Centre, Nigerian Exchange Group (NGX) Building, 2-4, Customs Street, Marina, Lagos. Time is 10.00am prompt!

The theme of the Lecture is: Repositioning the Insurance Industry to Drive Sustainable Economic Growth in Nigeria.

Mr. Olusegun Ayo Omosehin, the Commissioner for Insurance/CEO, National Insurance Commission (NAICOM) would be the Special Guest of Honour while Mr. Tope Smart, Group Chairman, NEM Insurance Group would Chair the event.

Mr. Kunle Ahmed, Chairman, Nigerian Insurers Association (NIA) is the Guest of Honour while Mr. Akinjide Orimolade, Managing Director/CEO, Stanbic IBTC Insurance Limited would be the Keynote Speaker.

The Guest Speakers include Lolo Idu Okeahialam, Former Managing Director/CEO, Access Pension Fund Custodian Limited; Dr. Adaobi Nwakuche, Managing Director/CEO, Veritas Kapital Assurance Plc; Engr. Felix Ogbe, Executive Secretary, Nigerian Content Development & Monitoring Board (NCDMB) and Ms. Adetola Adegbayi, Founder/Chief Executive Technician, Mutual Specialists.

The organisations that have expressed support so far for the Business Journal Annual Lecture 2024 include:

  • National Insurance Commission (NAICOM)
  • NEM Insurance Group
  • Linkage Assurance Plc
  • Nigerian Agricultural Insurance Corporation (NAIC)
  • Sovereign Trust Insurance Plc
  • NLNG (Nigeria LNG)
  • Veritas Kapital Assurance Plc
  • Stanbic IBTC Insurance Limited
  • Leadway Assurance Company Limited
  • Nigerian Exchange Group (NGX)
  • Nigerian Content Development & Monitoring Board (NCDMB)
  • KBL Insurance Limited
  • Guinea Insurance Plc
  • Hilal Takaful Nigeria Limited

Commenting, the Publisher/Editor-in-Chief of Business Journal Media Group, Prince Cookey said:

“The long list of corporate partners for the Business Journal Annual Lecture 2024 is indeed a vote of confidence on the Business Journal Media Brand and the timely importance of the lecture theme: Repositioning the Insurance Industry to Drive Sustainable Economic Growth in Nigeria. Our 2024 Annual Lecture is designed to draw critical attention to the expanding role and contribution of the insurance industry towards sustainable growth of the Nigerian economy. The second leg is equally to consider the industry’s impact on various key sectors of the economy. We look forward to other corporate bodies to identify with the event to drive home the theme of the lecture.”

Cookey listed the objectives of the annual lecture to include showcasing contributions of the insurance sector in the past 10 years, evaluate the current state of the market, evaluate the current challenges hindering its further growth, evaluate the impact of insurance on key sectors of the economy, identify the emerging growth potential and opportunities and to project the future of the industry in the coming 10 years.

The Business Journal Publisher explained that the Business Journal Annual Lecture Series is the contribution of the Media Group to nation-building and critical support for the growth of the Nigerian economy.

 

 

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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.
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