• Home
  • Business
  • Insurer Advocates for Wealth Protection through Integration of Risk Management
Image

Insurer Advocates for Wealth Protection through Integration of Risk Management

In a push to protect the wealth of Nigerians, the Managing Director and Chief Executive Officer of Mutual Benefits Assurance Plc, Mr. Olufemi Asenuga, has advocated for a more deliberate integration of risk management and insurance into the country’s sustainable development agenda. According to THISDAYLIVE, Asenuga believes that this integration is crucial for the country’s long-term economic growth and stability. The insurance industry, he notes, plays a vital role in mitigating risks and protecting assets, making it an essential component of any comprehensive development strategy. Asenuga’s call for integration comes at a time when Nigeria is grappling with various economic and social challenges, including inadequate infrastructure, high levels of poverty, and a growing wealth gap. By integrating risk management and insurance into its development agenda, the country could potentially mitigate some of these challenges, ultimately leading to a more secure and prosperous future for its citizens.

Join the discussion

No discussion yet for this story.

Start a discussion about this

Related Posts

Google Wallet Now Live in Nigeria: A New Era for Contactless Payments

Google Wallet, a digital payment solution, has officially launched in Nigeria, offering businesses and consumers more options for…

ByByGist Master Oct 30, 2026

Nigeria’s Push for $50m Data Localization Savings Gains Momentum

Nigeria aims to save $50 million through data localization, with collaborative efforts from key stakeholders.

ByByGist Master Oct 30, 2026

Nigeria’s FMCG Market Expands by 15% in 2026, According to Report

The Nigerian FMCG market saw a significant growth of 15% in 2026, as per a recent report.

ByByGist Master Oct 30, 2026

Tinubu’s Reforms Laying Groundwork for Nigeria’s Sugar Self-Sufficiency

According to the National Sugar Development Council (NSDC) boss, Mr. Kamar Bakrin, President Tinubu’s reforms are making local…

ByByGist Master Oct 30, 2026