Tag: South West Region

Mutual Benefits Assurance Plc has established a South-West Region Franchise Operation in Ibadan, Oyo State to boost insurance adoption and market penetration. The Managing Director, Femi Asenuga, said it is part of the efforts to develop the insurance business and create value. According to Asenuga, the gesture is to drive marketing of its products and create ambassadors in the region. He stressed that in developed economies insurance firms owned banks but regretted that this was not the situation in Nigeria. The Group Managing Director, Odua Group, Adewale Raji, who also spoke on operation unveiling advised stakeholders to be committed and show integrity in doing business. “The Odua investment is owned by the six South-West governments and it is in interest when economic, bus...