BUSINESS
Tony Elumelu Launches New Business portfolio, Secures FG Licenses For Insurance Firms
African economist, entrepreneur, and philanthropist, Tony Elumelu, has delved into the insurance industry, securing a Nigerian Federal Government licenses to launch his new business portfolio.
BIGPENNGR.COM reports, Elumulu who is the chairman of Heirs Holdings, the United Bank for Africa, and Transcorp, has launched a new business portfolio.
Elumelu announced the new feat on Friday on his verified Twitter handle.
“Today, I am proud to announce that the Nigerian Federal Government, through the insurance regulator, the @NaicomNG, has officially issued the operating licences for our new Group insurance companies – @HeirsInsurance_ (HIL) & @HeirsLife_ (HLA)”, he wrote.
The development, according to him, represents a further important milestone in a long-term strategic journey in providing much needed, quality, and valuable financial services, to a broad demographic in Nigeria and Africa.
#Insurance, according to him, “should not be a luxury, and just as we have democratised other sectors, we will democratise insurance – applying our tried and tested business philosophies and execution ability.
“Fuelled by the determination to improve lives and leave a legacy in the African private sector, we have embarked on this journey to revolutionise the insurance space – deploying technology, customer understanding and operational excellence”, he further wrote.
Elumelu hails from Onicha-Ukwu in Aniocha North Local Government Area of Delta State.
FEATURED22 hours ago
Driver Arrested as Delta Police Intercept Truck Load of Illicit Drugs
FEATURED23 hours ago
Cocaine Cartels Behind 6 UK-bound Shipments Busted as NDLEA Arrests Arrowhead, 5 Others
OPINION1 day ago
LET’S SUPPORT SENATOR NED NWOKO FOR HIS GOOD INTENTIONS FOR ANIOMA PEOPLE
COMMUNITY REPORT2 days ago
Biography of Late Chief Anthony Kansol Omirhobo
COMMUNITY REPORT2 days ago
Distance and Privacy are the Secrets to Keeping the Spark Alive in Marriage – Delta Billionaire Who Just Married 19th Wife
COMMUNITY REPORT3 days ago
Mejebi Toritseju Mayor Emerges as First Female President of Ugbajo Itsekiri Group in USA
FEATURED4 days ago
Man Posing as Lawyer Detained in Delta with Forged Documents After Fleeing From Courtroom
FEATURED4 days ago
Woman Docked for N240.5m Forex Fraud in Abuja
FEATURED4 days ago
Bayelsa IPP: Power Supply Won’t Be Free – Gov Diri
FEATURED4 days ago
EFCC Arrests Manager for Criminal Diversion of N500m in Kaduna
FEATURED5 days ago
‘At 65, Nigeria Stands Tall as Africa’s Most Influential Voice Despite Turbulence and Setbacks’ – Sen. Nwoko
COMMUNITY REPORT5 days ago
HCDTs: Ugborodo Community Slams Shell, IOCs, NUPRC with 7-Day Ultimatum, Threatens Shutdown of Oil Operations, Warns Delta Gov’s Aide
FEATURED7 days ago
DOPF Picks ‘Nigeria’s New Tax’ Law as Theme of 2025 Convention, Annual Lecture
FEATURED7 days ago
Sen. Nwoko Urges Unity and Support from Ohaneze Ndi Igbo for Anioma State Quest
FEATURED7 days ago