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.
FEATURED4 hours ago
Rivers Emergency Rule: Bonny Development Forum Blows Hot, Urges Tinubu, NASS To Checkmate Sole Administrator Now
FEATURED5 hours ago
NATCOM Recruitment Update: Sen. Nwoko Asks 3,000 Applicants To Stay Calm Amid DG’s Alleged Fraud Investigation
FEATURED15 hours ago
Controversial Rivers N300m Funding: Igbini Calls For Freezing Of NBA’s Accounts, Suspension Of AGC
METRO18 hours ago
Easter: Delta CP Warns Of Zero Tolerance To Crime, Deploys Operatives Massively
NEWS19 hours ago
NMU: Ijaw Journalists Congratulate Bebenimibo Over Registrar Appointment
NEWS19 hours ago
University Don Ifelunini To Speak On ‘Politics And Governance’ At Advocate Newspaper Annual Lecture Series
NEWS1 day ago
How Boy Who Stood Before Peter Obi’s Convoy Regained Freedom After Months In Kirikiri
FEATURED1 day ago
Investing N2bn On Roads In Each LGA Is Deliberate – Gov Oborevwori Opens Up At Maris Lecture
FEATURED1 day ago
Why Tinubu Cannot Resume Official Duties Now – Presidency
NIGER DELTA1 day ago
How Crusade For Creation Of Anioma State Became A National Movement
FEATURED1 day ago
Twist As Prime Suspect In Super TV CEO’s Murder Makes U-turn Says ‘I Found His Lifeless Body In Lekki Apartment’
FEATURED1 day ago
Group Lauds Peter Black, Urges Synergy With Ojulari’s NNPCL/Assets Spy Coys
FEATURED1 day ago
How DUG’s Crossing To APC Reconfigured Politics And Political Leadership In Ika Federal Constituency
FEATURED2 days ago
Delta Community Protest Oando’s Alleged Neglect, Block Flow Station
NEWS2 days ago