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Sanlam Takes Full Ownership Of FBN Insurance In Nigeria - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Sanlam Takes Full Ownership Of FBN Insurance In Nigeria (30184 Views)

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Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by jamesbridget13(f): 9:54am On Jun 03, 2020
Psalmy2cute:
yes.. that's the process, I was paid in approximately 6 working days.. your hubby should continue to contact them via email to speed up the process
alright. Thanks
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Sagay212: 9:54am On Jun 03, 2020
Kekereekun123:
South africa has a robust financial industry. Most Nigerian investors are scammer, loan defaulters and govt contract hunters. Have nothing upstairs

You get am. Nigerian investors are bunch of scammers. They collect loans for businesses but divert it into luxury spending, buying cars , houses and travelling around the world. At the end of the day, the business crashes and they look for a dubious way of not paying back the loan. They claim to have all the masters degree and foreign certificates but shingbain nor dey their head.
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by jamesbridget13(f): 10:00am On Jun 03, 2020
Psalmy2cute:
yes.. that's the process, I was paid in approximately 6 working days.. your hubby should continue to contact them via email to speed up the process
pls kindly give me fbn-i working mail address
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Nobody: 10:10am On Jun 03, 2020
South Africa is rated as one of Africa's five star with the strongest and highly competitive marketing base. They are rich and skilled in it, reason they target Nigeria where it holds the largest market value due to population and high demands with very poor marketing system and lack of transparent management.

MTN, Protea, Multichoice DSTV, Shoprite, etc.. Changing the face of Nigeria and taking her to a greater multinational height, more reason they hike or enforce new policies without due process because of the ownership right and power.

4 Likes

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by toprealman: 10:11am On Jun 03, 2020
johnpablo541:


.
Uncle use your head well.....these guys ain't fools, don't allow them to download this porn movie with your hotspot!
If you know, you know
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Emmerlee(m): 10:17am On Jun 03, 2020
Nigerians no just get strong business culture.. Not dogged enough.. grin

Na so so foreign bailout, since the local managers are only interested in their own private pockets grin
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by winterfell007(m): 10:32am On Jun 03, 2020
TMKsouth:
What would Nigeria be without SA investment?

Oh well... time to raise tariffs!

Try to be stupid this early morning, you this SA dude. And besides the pays the Sanlam more to invest in Nigeria because they know the insurance market is huge and largely untapped. If they don't invest, someone else will. we no send una embarassed undecided undecided undecided

1 Like

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by TimeTraveller: 10:36am On Jun 03, 2020
mamaafrik:
And we'll never learn from history.


Which history? So people should not invest again?
Taaaaa!
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by mamaafrik(m): 10:38am On Jun 03, 2020
TimeTraveller:



Which history? So people should not invest again?
Taaaaa!
reread the tori, do Multichoice comes to mind?? grin grin grin grin
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Blackdeewhy(m): 10:38am On Jun 03, 2020
My own is FBN INSURANCE shall sink. This people at FBN INSURANCE ARE FRAUD. Did an education policy there, MY HARD EARN MONEY GONE! I went there to terminate the policy when the account officer was telling me that there INSURANCE can't give me a DIME back because I failed to be consistence.
The same SKS I opened with Gtbank and my daughter account now yield almost #400 interest every month.
FBN INSURANCE, IT SHALL NEVER BE WELL WITH YOUR SCAM INSURANCE! YOU PEOPLE ARE FRAUD!!!!!
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Psalmy2cute(m): 10:55am On Jun 03, 2020
jamesbridget13:
pls kindly give me fbn-i working mail address
insuranceinfo@fbninsurance.com
contact this email.. theyll respond in few hours

2 Likes

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by TMKsouth: 11:05am On Jun 03, 2020
winterfell007:


Try to be stupid this early morning, you this SA dude. And besides the pays the Sanlam more to invest in Nigeria because they know the insurance market is huge and largely untapped. If they don't invest, someone else will. we no send una embarassed undecided undecided undecided

Someone like who? Without SA u'd still be shopping in open-air markets my brother. Who else is building you malls with world-class shopping brands?

You would still not have satellite TV. No other country is coming to challenge multichoice

Your insurance market is still untapped coz no-one else is interested - Nigeria wasn't established today. Your insurance market has always been there and yet remains underdeveloped.

All other countries want from you is just oil dude, so please excusè moi!

3 Likes

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by baby124: 11:08am On Jun 03, 2020
TMKsouth:


Someone like who? Without SA u'd still be shopping in open-air markets my brother. Who else is building you malls with world-class shopping brands?

You would still not have satellite TV. No other country is coming to challenge multichoice

Your insurance market is still untapped coz no-one else is interested - Nigeria wasn't established today. Your insurance market has always been there and yet remains underdeveloped.

All other countries want from you is just oil dude, so please excusè moi!
South Africa is here because there is money here. We did not ask them to come. You can see how they were begging and lobbying the government to stay when they were attacked during Xenophobia. Don’t overhype yourself. We still heavily rely on our open air markets. Healthier foods are sold there.

2 Likes

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by jamesbridget13(f): 11:09am On Jun 03, 2020
Psalmy2cute:

insuranceinfo@fbninsurance.com
contact this email.. theyll respond in few hours
thanks bro
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Olude193: 11:17am On Jun 03, 2020
Psalmy2cute:
thank God I terminated my fbn insurance during this Corona virus epidemic .. who knows.. maybe by now I'll be begging to get my money back


Good morning, you mean he terminated his insurance before the due date... God.. I still have like four years to go..
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by TMKsouth: 11:17am On Jun 03, 2020
baby124:

South Africa is here because there is money here. We did not ask them to come. You can see how they were begging and lobbying the government to stay when they were attacked during Xenophobia. Don’t overhype yourself. We still heavily rely on our open air markets. Healthier foods are sold there.

Your government is always asking for investment. What government doesn't? Clearly you know zilch about economics.

Cearly u are very desperate otherwise why keep taking money from a xenophobic country? Reason for me to overhype - you're providing all the ammunition.

1 Like

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by baby124: 11:32am On Jun 03, 2020
TMKsouth:


Your government is always asking for investment. What government doesn't? Clearly you know zilch about economics.

Cearly u are very desperate otherwise why keep taking money from a xenophobic country? Reason for me to overhype - you're providing all the ammunition.

Nobody is taking money from your overhyped country. Instead they are here to make money like every other foreigner here. South Africa is also always in Nigeria seeking relationships.
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by TMKsouth: 11:35am On Jun 03, 2020
baby124:

Nobody is taking money from your overhyped country. Instead they are here to make money like every other foreigner here. South Africa is also always in Nigeria seeking relationships.

Did they get FBN for free or did money exchange hands? Please stop embarrassing yourself
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by baby124: 11:41am On Jun 03, 2020
TMKsouth:


Did they get FBN for free or did money exchange hands? Please stop embarrassing yourself
I see you are jobless and don’t know what you are talking about. You are embarassing yourself. South African companies cannot make the money they make in Nigeria, in SA. That is why they are here. They are not doing Nigerians any favor or improving anything. Shoprite is overpriced and unhealthy. You insulted our open air markets like ShopRite is supposed to be better. You are a child, you don’t even know what you are talking about

2 Likes

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by TMKsouth: 11:49am On Jun 03, 2020
baby124:

I see you are jobless and don’t know what you are talking about. You are embarassing yourself. South African companies cannot make the money they make in Nigeria, in SA. That is why they are here. They are not doing Nigerians any favor or improving anything. Shoprite is overpriced and unhealthy. You insulted our open air markets like ShopRite is supposed to be better. You are a child, you don’t even know what you are talking about

You should read your posts properly or is the dust at Warri market getting into your eyes? We bought your fbn with money and will equip it with world-class financial services. That's investment. You're clearly very slow.

1 Like

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by winterfell007(m): 12:37pm On Jun 03, 2020
TMKsouth:


Someone like who? Without SA u'd still be shopping in open-air markets my brother. Who else is building you malls with world-class shopping brands?

You would still not have satellite TV. No other country is coming to challenge multichoice

Your insurance market is still untapped coz no-one else is interested - Nigeria wasn't established today. Your insurance market has always been there and yet remains underdeveloped.

All other countries want from you is just oil dude, so please excusè moi!

Do you know how many local indigenous brands are already setting up shopping malls? I can agree shoprite set the pace but the locals are gradually filling the void
As for DSTv, they're other brands in the market like Startimes, ACTV, etc. The only reason DSTv still takes the lead because of its fraudulently acquired exclusive rights to some premium channels like Supersport, Mnet and others.
Don't delude yourself, if SA wasn't here, we'd still do that all the same. You're SA investors are always thanking their stars everyday for making a wise decision of setting up in Nigeria, their profit margins are fantastic and you know that
Peace out!!!

1 Like

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by proxillin(m): 12:40pm On Jun 03, 2020
johnpablo541:


.

Firstbank Insurance
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by TMKsouth: 12:53pm On Jun 03, 2020
winterfell007:


Do you know how many local indigenous brands are already setting up shopping malls? I can agree shoprite set the pace but the locals are gradually filling the void
As for DSTv, they're other brands in the market like Startimes, ACTV, etc. The only reason DSTv still takes the lead because of its fraudulently acquired exclusive rights to some premium channels like Supersport, Mnet and others.
Don't delude yourself, if SA wasn't here, we'd still do that all the same. You're SA investors are always thanking their stars everyday for making a wise decision of setting up in Nigeria, their profit margins are fantastic and you know that
Peace out!!!

You've just proven my point about SA ingenuity and now we have a stranglehold on your economy. You've also admitted that we've helped u get on your feet. Believe me even if SA goes no one else is coming to that country except for oil. Of course we make fantastic profits, there are 200 million of you with nothing to show for that bulk. Just admit, we're outsmarting you.

1 Like

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Focusmind: 12:59pm On Jun 03, 2020
I always tell people that you cannot compare Nigeria's economy with that of South Africa.

South African companies are far more buoyant and highly capitalized than Nigerian companies.

There was one research that was conducted by Forbes to measure the quality of highly capitalized companies in Africa - that is multibillion dollar companies.

It was found out that Nigeria have just 38 while South Africa have 349 multi billion dollar companies.

The profit of DSTV alone can rival the turnover of any major capitalized company in Nigeria.

2 Likes

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Olumyco(m): 1:45pm On Jun 03, 2020
Focusmind:
I always tell people that you cannot compare Nigeria's economy with that of South Africa.

South African companies are far more buoyant and highly capitalized than Nigerian companies.

There was one research that was conducted by Forbes to measure the quality of highly capitalized companies in Africa - that is multibillion dollar companies.

It was found out that Nigeria have just 38 while South Africa have 349 multi billion dollar companies.

The profit of DSTV alone can rival the turnover of any major capitalized company in Nigeria.

Can you provide the link to the data and let's see. Sometimes we need to analyse data critically before making conclusions. There are many foreign companies in South Africa and that's an advantage. Also SA has foreign companies more than any country in Africa. The white sees the place as a friendly place for their investments. And it's also not new that SA has white pple more than any country in Africa and the white dominates their economy. So the statistics might feature more of those white companies in the statistics you saw.
Even if we are to look at it critically how many companies are owned by indigenous black South Africans? How many multi billion dollar companies are owned by the blacks there? The MTN, Shoprite, DSTV and co we talk as SA great companies in Africa are they owned by indigenous black South Africans?
When you talk about companies owned by blacks. I mean indigenous black... no country has it more than Nigeria.
In Nigeria from Dangote Groups to Glo Telecom to Interswitch to Paystack to Flutterwave to GTB to Sterling to Dantata Construction to Innoson Manufacturing and so on... These are big companies owned by Indigenous Black Nigerians. The recent Forbes list of Entrepreneurs in Africa had Nigerians topping the list.
We can take a cue from the list of Billionaires in Africa. Nigeria has 4 while SA has 5. And if you analyse that of SA very well you will see that only one of the 5 is a black SA... the rest are white guys.

If you want to be shocked at how many indigenous companies we have in Nigeria just check the competition thread of Igbo and Yoruba on who has more companies (or so can recall the title perfectly) here on Nairaland. You will be shocked by the list. And besides that's just two major tribes in Nigeria ooo. By the time we list that of Hausa and Niger Delta... it will be something else. What we need now is infrastructure. And this is where I respect SA the most. With good infrastructure no country comes close in Africa. We are still competing with SA because we have infrastructure problem. Let's get it right and watch the change.

SA is doing well but a country like Nigeria is on another level and we should not try to look down on ourselves especially when it comes to owning our thing and controlling our economy as an indigenous black people.

Thanks

1 Like

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Nobody: 1:47pm On Jun 03, 2020
When Botswana is buying local companies owned by foreigners Nigerians are selling there own...so sad

1 Like

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Juenwume: 1:54pm On Jun 03, 2020
Psalmy2cute:

insuranceinfo@fbninsurance.com
contact this email.. theyll respond in few hours
I have contacted this mail severally and they keep telling me it failed to deliver and the error message is that their mailbox may not contain further messages. I still tried a couple of minutes ago but still same error message. I have gone to their social media handles but they pretended as if they didn't see my messages while they respond to others.
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Nobody: 1:57pm On Jun 03, 2020
winterfell007:


Do you know how many local indigenous brands are already setting up shopping malls? I can agree shoprite set the pace but the locals are gradually filling the void
As for DSTv, they're other brands in the market like Startimes, ACTV, etc. The only reason DSTv still takes the lead because of its fraudulently acquired exclusive rights to some premium channels like Supersport, Mnet and others.
Don't delude yourself, if SA wasn't here, we'd still do that all the same. You're SA investors are always thanking their stars everyday for making a wise decision of setting up in Nigeria, their profit margins are fantastic and you know that
Peace out!!!
You have a point and he has a point also but for a country to grow, the government needs to put in place an enabling environment to support its local investors.We have lots of great thinkers but how do we make use of them when the environment is not helping..We also need to value ourselves home and abroad. A country with less or no basic utilities lack of security and many more are the ones killing the local investors ..
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by edon21: 1:59pm On Jun 03, 2020
TMKsouth:
What would Nigeria be without SA investment?

Oh well... time to raise tariffs!
Well u are very stupid.
The right question should be " where would South African blacks be without Nigeria's help" idiot

Check the positions in that salam group and see if you can see any black as a director. Who's the owner?
Idiot.
Without Nigeria, would Mtn or dstv be existing?
Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by Psalmy2cute(m): 2:37pm On Jun 03, 2020
Juenwume:

I have contacted this mail severally and they keep telling me it failed to deliver and the error message is that their mailbox may not contain further messages. I still tried a couple of minutes ago but still same error message. I have gone to their social media handles but they pretended as if they didn't see my messages while they respond to others.
I got that response as well.. but in my case.. someone replied with with another address which is from Fbninsurance.. I intentionally didnt give that email address.. I dont want anyone to feel like I'm intentionally directing them to fake email address, so they can be scammed.. but if you feel you need that very address which responded to me, here it is
Odilile.A.Eyeyi@fbninsurance.com

1 Like

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by TMKsouth: 3:06pm On Jun 03, 2020
edon21:

Well u are very stupid.
The right question should be " where would South African blacks be without Nigeria's help" idiot

Check the positions in that salam group and see if you can see any black as a director. Who's the owner?
Idiot.
Without Nigeria, would Mtn or dstv be existing?

Let me drop this attachment here grin grin I hope you can tell the black names since you know SA better than us South Africans. The PIC is the Public Investment Corporation. I hope you know what that means in terms of ownership. grin grin

You made my day! cool

1 Like

Re: Sanlam Takes Full Ownership Of FBN Insurance In Nigeria by TMKsouth: 3:15pm On Jun 03, 2020
edon21 pqqost=90267976:

Well u are very stupid.

Without Nigeria, would Mtn or dstv be existing?

What a dumb statement. They were already doing just fine, that's why they could throw money your way. These companies are international giants operating all over Africa. Someone's been lying to u. grin

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