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Showing posts with label OPPORTUNITIES. Show all posts
Showing posts with label OPPORTUNITIES. Show all posts

Monday, January 4, 2016

Entrepreneurship and Banking in the Nigerian Economy Growth.

Entrepreneurs occupy a central position in any market economy. They serve as the spark plug in the economy’s engine, activating and stimulating all economic activities. The economic success of nations worldwide is the result of encouraging and rewarding the entrepreneurial instinct.

economy
A society is prosperous only to the degree to which it rewards and encourages entrepreneurial activities because it is the entrepreneurs and their activities that are the critical determinant of the level of success, prosperity, growth and opportunities in any economy.

“The most dynamic societies in the world are the ones that have the most entrepreneurs, plus the economic and legal structure to encourage and motivate entrepreneurs to greater activities”, said an analyst.
Countries go to great lengths to promote entrepreneurs because they realize that the best way to tell the story of their business environment competitiveness is by using the entrepreneurs themselves to tell the story.

Wednesday, June 17, 2015

Insurance Industry Loses $750m to Premium Flight Annually

The nation’s insurance industry is losing over $750 million annually to premium flight as result of shortage of capacity to retain most of the risks emanating from the local market, BusinessDay investigations reveal.Insurance industry loses $750m  to premium flight annually

This is moreso in the volatile oil and gas sector, energy and aviation, where barely 30 percent of the risks are retained locally, in spite of opportunities presented by the National Content Development Act.

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