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Economy

Standard Alliance Group to invest in Ghana

A high-powered delegation from Standard Alliance Group (SAG), a giant company in Nigeria’s financial services sector is in Ghana to explore investment opportunities in the country. Led by Olorogun O’tega Emerhor, a Nigerian businessman renowned for his strength of turning failing companies around, the delegation has so far succeeded in making contacts with several investment-related agencies including the Ghana Investment Promotion Council (GIPC). And the good news is that the STANDARD ALLIANCE GROUP, which serve as the umbrella body of its six subsidiaries have expressed interest to invest significantly in real estate development, Banking and Insurance sectors of Ghana’s economy. In an interview with the media at the Movenpick Ambassador Hotel in Accra, Chief Olorogun Emerhor, Group Chief Executive of SAG hinted that after a successful feasibility study in the country, his company was convinced to do business in Ghana. “Ghana is a peaceful and an investor-friendly country; and having succeeded in our operations in Nigeria, we think time is now up to extend our strategic investment portfolio to Ghana”, he added. Available information on Standard Alliance Group indicates that the company is rated as leaders in Nigeria’s financial services sector with dominant strength in Real Estate Development, Banking and Insurance. Standard Alliance Group is adored in Nigeria’s business circles as a company which runs a complete one-stop-shop financial services supermarket where individuals and corporate bodies could access insurance, individual/group life policies, pensions contributions, mortgage facilities, real estate development/property business and investment banking, all under one roof. The Group is made up of six-member companies with branch network across Nigeria. They are SA Insurance Plc, SA Life Assurance Limited, SA Properties Ltd; SA Pension Managers Ltd, Lagoon Home Savings and Loans Ltd and SA Capital and Asset Management Ltd.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.