Wednesday, April 30, 2025
30.3 C
Lagos

NIA Plans Greater Contribution of Insurance to Economy

The Nigerian Insurers Association (NIA) says it is working towards greater contribution of insurance to the economic growth of the country.

Mr. Eddie Efekoha, Chairman, NIA, said at a retreat for insurance chief executives in the country that the meeting was part of the efforts by the industry to seek ways of making the impact of insurance business felt in the economic growth plan of the nation.

Efekoha said the retreat was organised to provide an avenue for chief executives to discuss and cross fertilise ideas on industry issues, serve as a platform for the development of manpower needs of the industry in critical areas and also an opportunity for interface between members and interaction with the National Insurance Commission (NAICOM).

The NIA chairman added that the retreat fits into his four-point agenda of stakeholders’ engagement, enforcement of market discipline, review of NIA constitution and greater attention to the new NIA House project.

He said the papers to be presented at the retreat on agriculture reflect the industry’s desire to support the diversification of the economy by the federal government and also empower members to explore business opportunities in that segment of the national economy.

spot_img
spot_img
spot_img

Hot this week

emPLE Unveils BETA Life: A Three-in-One Endowment Plan for Smarter Savings and Protection

emPLE Life Assurance Limited has announced the launch of...

STI CEO, Soyinka, Lauds Nigerian Workers on May Day

As the world marks this year’s edition of Workers’...

NGX Group, Min of Industry, Trade and Investment, Collaborate to Advance Economic Transformation

Nigerian Exchange Group Plc (NGX Group) recently hosted the...

Inspenonline Summit to Stimulate Interest for Good Retirement

The 2025 Inspenonline Retirement Summit is aimed at stimulating...

Banks, Telecoms, Mobility Brands Dominate Q1 2025 Media Performance Charts

Following the Central Bank of Nigeria’s directive to harmonize...

Topics

Stanbic IBTC: Celebration of 2 Awards for Gender Diversity, Equality

Stanbic IBTC Holdings Plc, a member of Standard Bank Group and a...

STI CEO, Soyinka to Nigerians: Cultivate a Culture of Insurance

The Managing Director and Chief Executive Officer of Sovereign...

New UN, UNDP Resident Representative, Samoura, Promises Full Support to Nigeria

United Nations (UN) Resident Co-ordinator and United Nations Development...

Hayford Alile: ‘Great Loss to Capital Market in Nigeria’

The Nigerian Stock Exchange (NSE) mourns the loss of...

No Increase in PMS Prices, NNPC Assures Nigerians

  The Nigerian National Petroleum Company (NNPC) Limited assures the public...

Natural Disasters Inflict $7tr Economic Losses Since 1900

Natural disasters around the globe have resulted in economic...

Allianz, SOS Children’s Villages Focus on Social Inclusion

Allianz SE and SOS Children’s Villages announced their global...

Global Airlines Financial Monitor: January 2018

The initial airline financial results from the final quarter...
spot_img

Related Articles

Popular Categories

spot_imgspot_img