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OLD MUTUAL LIMITED HOST NIGERIA-SOUTH AFRICA CHAMBER OF COMMERCE MONTHLY MEETING AS THEY SPEAK ON ADVANCING THE NIGERIA MARKET; RISKS MITIGATION AND OPPORTUNITIES

OLD MUTUAL LIMITED HOST NIGERIA-SOUTH AFRICA CHAMBER OF COMMERCE MONTHLY MEETING AS THEY SPEAK ON ADVANCING THE NIGERIA MARKET; RISKS MITIGATION AND OPPORTUNITIES

The Old Mutual Limited, a pan-African investment, savings, insurance, and banking group 
sponsored the Nigeria-South Africa Chamber of Commerce breakfast meeting held at Orchid Hall , Eko Hotel & Suites, Adetokumbo Ademola Street, Victoria Island, Lagos on Thursday, 22nd of June 2023.

The breakfast theme, "ADVANCING THE NIGERIA MARKET; RISKS MITIGATION AND OPPORTUNITIES." aimed at exploring the potential of free zones in promoting economic growth and development in Nigeria and South Africa.

Old Mutual Host Nigeria-South African Breakfast Meeting at Eko Hotel with the theme, "ADVANCING THE NIGERIA MARKET; RISKS MITIGATION AND OPPORTUNITIES"

Old Mutual, a leading financial services provider, recently hosted a breakfast meeting in Nigeria with the aim of advancing the Nigerian market and discussing strategies for risk mitigation and exploring opportunities. The event, held at the prestigious Eko Hotel in Lagos, brought together key stakeholders from both Nigeria and South Africa to engage in insightful discussions and share valuable insights.

The meeting commenced with an opening address by the CEO of Old Mutual Nigeria, highlighting the importance of collaboration and knowledge sharing in driving the growth of the Nigerian market. The theme of the event, "Advancing the Nigeria Market; Risks Mitigation and Opportunities," set the stage for in-depth discussions on the challenges and prospects facing the Nigerian economy.

During the event, various topics were explored, including the impact of global economic trends on Nigeria, regulatory frameworks, and investment opportunities. The discussions delved into the risks associated with investing in Nigeria and strategies to mitigate them effectively. Participants also examined the potential for growth in sectors such as agriculture, technology, and infrastructure development.

One of the key takeaways from the meeting was the need for increased collaboration between Nigeria and South Africa to foster economic growth. Both countries possess unique strengths and can leverage their expertise to drive investment and innovation. The event provided a platform for networking and building relationships between Nigerian and South African businesses, paving the way for future partnerships.

In conclusion, the breakfast meeting hosted by Old Mutual at Eko Hotel was a significant step towards advancing the Nigerian market. The discussions centered around risk mitigation and exploring opportunities highlighted the potential for growth in various sectors. The event also emphasized the importance of collaboration between Nigeria and South Africa to drive economic development. As Old Mutual continues to play a pivotal role in the financial services sector, such initiatives will undoubtedly contribute to the overall growth and prosperity of the Nigerian economy.
 

KEYNOTE SPEAKER: Samuel Ogbu, Chief Executive Officer, Old Mutual West Africa will speak on Advancing the Nigeria market; Risks mitigation and opportunities.  

Lekan Oyinlade, Managing Director, Old Mutual General Insurance; Olusegun Omosehin, Managing Director, Old Mutual Nigeria Life Assurance Company Limited will be the discussants for this month’s Breakfast edition sponsored by Old Mutual.

Mr. Osayaba Giwa-Osagie (SAN), Chairman, of Nigeria South Africa Chamber of Commerce will give opening remarks and Ajibola Olomola, Vice-Chairman, Nigeria South Africa Chamber of Commerce will be the moderator of the June  2023  Breakfast Meeting.

Lekan Oyinlade, Managing Director, Old Mutual General Insurance; Olusegun Omosehin, Managing Director, Old Mutual Nigeria Life Assurance Company Limited will share insights on the topical issue: "  in our ever-evolving Society.




The panellists comprise Mr. Prem Krishna (GM Power & Gas, Lagos Free Zone), Mr. Yomi Ademola (MD Alaro City FZC), Mr. Yann Magarian (CEO Lekki Free Port Terminal), Mrs. Bolatito Ajibode (DMD Lekki Free Zone Dev ) and Dr. Tunde Sodade (MD Lekki Worldwide Investments Limited). And they all unanimously agreed that the Free Trade Zone will not only promote economic growth but it will also encourage and allow small business owners to grow.

The event highlighted the importance of free zones in promoting economic growth and development. According to the Deputy Managing Director of LFZDC, Mrs. Bolatito Ajibode, free zones provide a conducive environment for businesses to thrive by providing them with access to infrastructure, tax incentives, and other benefits. He also noted that free zones can catalyze economic growth by attracting foreign investment and promoting exports.

The event also featured a panel discussion on the challenges and opportunities of free zones. The panellists discussed issues such as infrastructure development, regulatory framework, and the need for collaboration between the public and private sectors, as they encourage SMEs.

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