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Business

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ICT

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

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

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Insurance

NIA to Honour Past Governing Council Members

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Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

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Business

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ICT

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Insurance

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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.

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World Bank Report: Banks Provided $28bn in Climate Finance in 2014

The leaders of the powerful G7 countries made headlines in June when they committed to a low-carbon growth path and formally recognized the need to reach zero net emissions globally before the end of the century. They know it will require shifting trillions of dollars from carbon-intensive investments to low-carbon, resilient growth, and they called on the six big multilateral development banks (MDBs) to use "to the fullest extent possible" their balance sheets and their capacity to mobilize partners to increase climate finance for developing countries.

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The mission of Africa Re is to foster insurance development by supporting, assisting and working with national insurance markets in the African continent. That is the primary mission of Africa Re. When Africa Re was created as an initiative of African Development Bank following an agreement with Member States of the Organisation of African Unity (OAU), the idea was to bring together all states on the continent, provide capacity which was very rare at that time, bring capital and start doing what was being done by foreigners only.
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