CBN Advert
Seplat Energy JV Brings Free Eye Care To Imo State

Some beneficiaries of the Seplat/NNPCL JV Eye Can See Initiative with representatives from Seplat Energy, NNPCL, Imo State Government, after successful eye surgery held in Owerri, Imo State recently.

… Over 22,084 Persons Impacted Since inception

n line with its commitment to advancing community health and wellness, Seplat Energy with its Joint Venture partners, the Nigerian National Petroleum Company Limited (NNPCL), has flagged off the 2025 edition of its flagship healthcare initiative, ‘Eye Can See’, in Owerri, the Imo State capital.

The opening ceremony of the programme, which was held at the Full Moon Hotel, Owerri, provided free eye care services, cataract surgeries, and reading glasses to thousands of residents, especially the underserved and vulnerable.

This marks another impactful chapter in Seplat Energy’s long-standing mission of delivering sustainable social investments across its host communities; of which the intervention speaks to the United Nations Sustainable Development Goal (SDG) 3, which aims to “Ensure healthy lives and promote well-being for all at all ages”.

Speaking at the flag-off ceremony, Ibi-Ada Itotoi, Managing Director, Seplat East Onshore Limited, highlighted the core objective of the initiative, stating that the “Eye Can See” programme embodies the very spirit of Seplat Energy’s commitment to sustainable development, inclusive healthcare, and meaningful corporate social investment.

“At Seplat Energy, we believe that true corporate success is measured not only by financial performance, but by the positive and enduring impact we create in the lives of the people and communities we serve. Our approach to Corporate Social Investment (CSI) is rooted in the conviction that business must be a force for good, driving progress, equity, and well-being for all.”

Emmanuel Otokhine, Base Manager, Eastern Asset, Seplat Energy, represented Itotoi as well as Chioma Afe, Director External Affairs & Social Performance, Seplat Energy at the opening ceremony.

In her remarks, Afe said: “Today, we celebrate one of our flagship healthcare initiatives: the “Eye Can See” programme. Since its inception in 2012, this initiative—delivered in partnership with the NNPCL—has provided free, comprehensive eye care to over 22,084 patients, performed 726 life-changing eye surgeries, and distributed  12,307 prescription glasses.”

In addition to medical services, beneficiaries also receive awareness materials on daily eye care practices and early warning signs of visual impairment, promoting a culture of preventive health behaviour.

The Chief Upstream Investment Officer, NNPC Upstream Investment Management Services (NUIMS),  Engr. Seyi Omotowa, was represented at the ceremony by Mrs. Wilson Halimat, Senior Adviser, Government Relations, NUIMS.

According to Omotowa, “We are here to connect to our primary constituents in the bid to consolidate on our sustainability efforts. These efforts have shaped many lives, and there are still much more to be done. This speaks to our continuous commitment and pursuit in sharing heath-related knowledge and resources to help our people and ensure their well-being.

Emeka Mgbudem, Honorable Commissioner, Imo State Ministry of Petroleum and Natural Gas Development, said Seplat Energy and the NNPCL have “given us the opportunity to experience what is known as true impact. They are changing the narratives. This is not an ordinary act of charity, but commitment. Through this programme, the underprivileged and underserved are being reached.”

The Acting Permanent Secretary, Ministry of Health, Imo State, Dr. Austin Okeji, who represented his commissioner, expressed desire of the state government to continuously partner with focused and progressive-minded establishments like Seplat Energy and NNPCL in line with the vision of the 3R mantra of the Imo State government.

The Chairman of Imo House of Assembly Committee on Oil and Gas, Mr. Francis Osuoha, described the initiative as commendable and encouraged Seplat Energy to continue and consolidate on the intervention.

A beneficiary, Mrs. Veronica Okereke, 73, from Mbaitoli, thanked Seplat for her free surgery and prayed for divine blessings on the company’s efforts.

Another beneficiary, Mr. Charles Njoku, who had cataract surgery, expressed gratitude to Seplat Energy for the company’s thoughtful intervention.

The ‘Eye Can See’ initiative not only restores sight but also enhances economic productivity by helping people return to work, education, and family life without the burden of untreated vision problems.

As Seplat Energy and the NNPCL deepen their commitment to community development, the ‘Eye Can See’ initiative remains a powerful example of corporate social invetment that delivers tangible and lasting value, especially in the face of healthcare gaps across Nigeria.

Anambrra State Government wishes to inform the general public that the suspension of the monthly sanitation exercise in Anambra State by Mr Governor,  Prof. Chukwuma Charles Soludo, CFR, remains in force.
This announcement, which contained in a press release issued on Friday, April 25, 2025, by the State’s Commissioner for Information, Dr. Law Mefor, comes amidst public inquiries and concerns over whether the sanitation exercise would hold on Saturday, April 26, especially with students expected to sit for the Joint Admissions and Matriculation Board (JAMB) examination across the state.
 Consequently, the sanitation exercise will not prevent students writing the Joint Admission and Matriculation Board (JAMB) examination today, Saturday, April 26, 2025.
Mr Governor’s belief that sanitation should be a daily practice, rather than a monthly ritual necessitated the directive to suspend the monthly sanitation exercise months ago. He encourages Ndi Anambra to maintain cleanliness in their homes and environment daily, embracing the principle that cleanliness is next to godliness.
Accordingly, Ndị Anambra are advised to go about their normal activities every Saturday, including students sitting for the JAMB examination this Saturday.
Aikhoje Presents 2023/24 NPFL Sponsorship And Brand Report To GTI

Managing Director/Chief Executive Officer, MatchRoom Sports and Media Limited, Ojeikere Aikhoje, has presented the 2023/24 Nigeria Premier Football League (NPFL) Sponsorship and Brand report, a research conducted by his firm to Group Managing Director of GTI Group, Mr. Abubakar Lawal.

 

The presentation was at GTI’s Corporate Head Office in Marina, Lagos.

 

Over the years, GTI has played a significant role in the development of the NPFL brand as strategic partner.

 

Aikhoje stated that the research is done annually to enhance brand development of the NPFL.

“MatchRoom believes in football research to enable NPFL brand managers find the right direction for the brand.

 

“Recommendations were also made to GTI to take the NPFL to the next level”, he said.

 

Lawal expressed gratitude to MatchRoom for the initiative.

 

“This is a good development. We will look at areas of collaboration”, he stated.

 

With Aikhoje’s robust experience in the industry, MatchRoom provides expert research, strategic insights & practical solutions to help sports organizations, clubs, federations & brands tackle complex managerial & organizational challenges.

 

Photo News

Honourable members of the House Committee on Insurance and Actuarial Matters and Executive Management
of the Nigeria Deposit Insurance Corporation (NDIC) in a group photo at the 2025 Stakeholders Workshop of
the House Committee with the theme “Navigating Financial Disruptions: Strengthening the NDIC’s Mandate for
Economic Stability” held in Lagos.
Chairman, House Committee on Insurance and Actuarial Matters, Hon Ahmadu Usman Jaha (middle) and
MD/CE Nigeria Deposit Insurance Corporation, Mr Bello Hassan (2nd Left) pose for a photo with Hon Rasheed
Abdullahi (1st Left) Hon. James Barka and NDIC Executive Director, Operations Mustapha M. Ibrahim (2nd and
1st Right) at the 2025 Stakeholders Workshop of the House Committee On Insurance and Actuarial Matters
with the Nigeria Deposit Insurance Corporation held in Lagos.
Heirs Life Assurance Appoints Callista Azogu As Independent Non-Executive Director

Heirs Life Assurance, the specialist life insurance member of Heirs Insurance Group, has announced the appointment of Callista Azogu as an Independent Non-Executive Director.
Callista is an accomplished business leader with over 35 years of experience spanning finance, operations, human resources, and executive leadership.
She previously served as the Deputy Managing Director at Nigerian Agip Oil Company Limited, where she led key stakeholder engagement with government institutions and contributed to major commercial negotiations. She also served as the pioneer Finance and Control Manager at Eni Ghana Exploration & Production Limited. Currently, she serves on several corporate boards and brings expertise in stakeholder engagement, corporate governance, and compliance.
Commenting, Tony O. Elumelu, CFR, Chairman, Heirs Life Assurance, said: “We are pleased to welcome Callista to the Board of Heirs Life Assurance. She brings formidable Board experience, a commitment to excellence, strong corporate governance, and a track record of delivering long-term value. I am confident that she will further strengthen our leadership, as we continue transforming the insurance industry with innovative, accessible, and inclusive solutions.”
Heirs Insurance Group is the insurance arm of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.
With a rapidly expanding retail footprint and an omnichannel digital presence, Heirs Insurance Group, comprising Heirs General Insurance Limited, Heirs Life Assurance Limited and Heirs Insurance Brokers, serves both corporate and individual customers across Nigeria.
Heirs Insurance Group is championing financial inclusion and leading the digital insurance play in Nigeria, demonstrating its mission to democratise access to insurance.
Anambra State Govt Issues Clarifications On Innoson Motor Showroom Partial Demolition

The Government of Anambra State through the Commissioner for Information, Law Meafor PhD, is constrained to issue some clarifications on the trending misinformation about the Innoson Motors Showroom that was partially demolished at Nnewi. The verifiable facts are as follows.
Firstly, since the inception of the Soludo administration, there has been no instance where demolition or removal of structures was undertaken without due process and consultation with critical stakeholders.
On October 31, 2024, a notice of a stakeholders’ meeting was issued to all concerned and affected persons whose businesses and properties were on the right-of-way along the Nnewi-Ozubulu-Onitsha federal highway. This meeting was convened in the office of the Anambra State Commissioner for Works on November 1, 2024, after which a public announcement was issued, followed by a removal notice and marking of affected structures, which was activated on November 19, 2024. Dr. Innocent Chukwuma knows that he was given notice several months ago and he spoke to several people about it more than three months ago, including a call to the Governor.  Unfortunately, while we appreciate the high position of Innoson in the society, we cannot have a different set of rules for Innoson and another one for others.
The said Innoson property was listed in the registration as belonging to one Mrs. Eucharia Alaru and was marked as ASML/AOA/NW/L/066 for removal. For the avoidance of doubt, it is essential to state that the Federal Government’s “right-of-way” is clearly defined by the subsisting Federal Highway Act of 1971 as the ground within 45.72 metres from the centre line of any federal highway in the nation. This rule is a prime safety measure to secure and preserve human lives and ensure easy and unfettered vehicular movement.
All of this was made manifestly clear to the stakeholders at the meeting on November 1, 2024, and further communicated in the public notice signed by the Commissioner for Works subsequently. While we sympathise with all affected businesses and properties along the statutory right-of-way, we must underscore that a government that has acted within the confines of the law, empathy and compassion cannot be blackmailed by any individual or group to derail the ongoing development of the state for selfish reasons.
The demolition of the said Innoson building occurred more than four (4) months after notices had been issued to all concerned, including through the Nnewi town union President General.
The Soludo administration has continued to champion the cause of indigenous enterprises in words and action, exemplified in Governor Soludo’s decision to make Innoson Vehicle Motor (IVM) his official fleet. It is on record that he is the first and still the only state governor to do so till today despite major deficiencies and risks associated with the vehicles.
It is, therefore, pertinent to correct the deliberate misinformation peddled by paid content creators to discredit the good works of the state government. Their narrative is false, untrue, and at best, mischievous and a political machination of a few to score cheap, albeit selfish points. Those paid to spread falsehood, deliberately refused to also report that properties belonging to the first National leader of APGA, Dim Ojukwu, as well as his wife and current minister, Iyom Bianca Ojukwu, churches, and hundreds of others, were also demolished in the ongoing effort to rebuild Anambra. Governor Soludo is driven by empathy for the people and will continue to ensure that nothing short of the public good in overriding public interest is done for the sake of posterity.
While we empathize and sympathize with all those affected, it is important to re-emphasize that all properties within 45.72 metres from the centre line of the road infringes on the right-of-way and are therefore illegal structures which ought to have been removed by their owners at their own cost.  This point is important for all property owners along the road or those intending to build in the future.
Making Anambra livable and prosperous requires a state governed by law and order for everyone and not one where exceptions are made for the powerful. Anambra is on the rise because Solution is here and will continue!
Air Peace Suspends Nationwide Operations Indefinitely Over NIMET Strike

Air Peace suspends flight operations nationwide over NiMet strike -  Vanguard News

Nigeria’s leading carrier, Air Peace, has announced the indefinite suspension of all its flight operations nationwide due to the ongoing strike by the Nigerian Meteorological Agency (NiMet).
This decision comes as NiMet’s industrial action has disrupted the transmission of critical weather reports, particularly the QNH, which are essential for safe flight operations, especially during landing procedures.
Air Peace emphasized that pilots cannot land in any airport without receiving the QNH report from the control tower, which is generated by NiMet. Given the current season marked by frequent rainfall, thunderstorms, and unpredictable weather patterns, the airline has expressed grave concern over the risks of operating flights without these mandatory safety updates.
“As a safety-conscious airline, we cannot take the risk of proceeding with flight operations without the QNH report from NiMet, which is a non-negotiable requirement for safe landings,” the airline stated. “This is a critical period with heightened weather hazards, and the safety of our passengers and crew remains our top priority.”
The suspension takes immediate effect and will remain in force until the NiMet strike is resolved and full meteorological services are restored nationwide.
Air Peace has urged affected passengers to remain patient and assured them that updates regarding flight rescheduling and further instructions will be communicated via official channels.
The airline also appealed directly to the striking workforce of NiMet to consider the far-reaching implications of the ongoing disruption and to engage in meaningful dialogue with the government toward an amicable resolution, in the interest of national safety and continuity in the aviation sector.
Leadway Group Trains Nigerian Journalists On Financial Reporting

Leadway Group Trains Nigerian Journalists On Financial Reporting - Oriental  News Nigeria Leadway Group, has provided comprehensive upskilling for insurance, pension, and brand journalists in its commitment to enhancing the understanding of financial inclusion and wellness.

The training was designed to improve the quality, depth, and accuracy of media reportage of non-banking financial services coverage, ultimately strengthening the connection between the financial industry and the media.

 

 

The Leadway Group, through its in-house experts from its associate companies, including Leadway Assurance, Pensure, Health, Asset Management, and Trustees, put together the capacity-building sessions as part of its broader strategy of equipping media professionals with the right tools to shape narratives and communicate insurance, pension, asset management, trustees, and healthcare management stories with clarity, responsibility, and confidence.

 

Speaking at the training, Mr. Babatunde Lamina, Benefit Processing Specialist at Leadway Pensure, delivered an insightful session on the pensions subsector, specifically Additional Voluntary Contributions (AVCs).

 

 

He explained that “AVC, an added contribution into an individual’s Retirement Savings Account (RSA), benefits professionals optimally, towards a more secure financial future.”

 

He added that the AVC can be up to one-third of the contributor’s salary but not more. It’s vital to inform your employer before opting in.

 

This scheme also accommodates retirees, contract workers, political appointees, and expatriates.

 

Addressing the often-misunderstood insurance claims process, Mr. Adekanmi Adelakun, Team Lead, Financial Exposure, Casualty and Liability Claims at Leadway Assurance, walked participants through the end-to-end claims’ lifecycle, from documentation to eligibility and notification channels. He stated, “The claims process is our ‘shop window’, the lens through which our customers view us. It is imperative for policyholders to understand the type of coverage they own.”

 

From a regulatory standpoint, Mrs. Temidayo Olugbesan, Compliance Lead at Leadway Assurance, reviewed recent developments in the regulatory landscape. She said, “The insurance sector will continue to evolve andregulations are being designed to protect policyholders and ensure compliance across the board. Awareness and adaptation are key for all stakeholders.”

 

Eniola Odukale, Sales Executive, International Retail & SME at Leadway Health, spotlighted the company’s health offerings and rapidly expanding healthcare partnerships. She said, “Leadway Health is customer-centric at its core. With over 2,500 hospital partnerships across Nigeria and an expanding international network, including the UK, South Africa, and India, our goal is to bridge healthcare gaps, especially in underserved areas.”

 

Commenting on the significance of the training, Aishat Bello-Garuba, Head, Corporate Services, Leadway Group, noted, “The media plays a powerful role in shaping public understanding, particularly in sectors like insurance and finance. At Leadway, we recognise that informed reporting fuels greater trust in our industry. This initiative is part of our broader vision to build enduring partnerships that encourage clarity, inclusion, and confidence in the financial system.”

 

At its core, the session did not only focus on new product offers. It was about partnership, clarity, and ensuring that the stakeholders who shape public understanding through their headlines and stories are not just reporting but understanding.

 

Leadway continues championing innovation, customer-focused service, and media collaboration in its responsible business and industry advancement approach.

Leadway Pensure Clinches 2025 West African Service Excellence Awards To Maintain Three-Year Winning Streak 

Leadway Pensure, a leading Pension Fund Administrator in Nigeria, has again emerged as a standard bearer of excellence, clinching the prestigious West Africa Pension and Lifestyle Company of the Year at the 14th edition of the West Africa Innovation Awards. This year’s recognition confers Leadway Pensure as the undisputed service excellence laureate, being a three-time consecutive recipient of the award, having won the 2024 and 2023 editions. The Best Customer Care Awards winning streak is a rare and resounding affirmation of its undeterred commitment to a client-centric service.
Clinching Gold in the fiercely competitive Customer Service Excellence category affirms that Leadway Pensure stood out not merely for its operational efficiency but for the very soul of its business philosophy: a people-first approach, where the trust and future of millions are handled with diligence, empathy, and an unrelenting drive for innovation.
Leadway Pensure distinguished itself as the pacesetter amongst other notable nominees in its award category by reinforcing its reputation as a trusted custodian of future financial security. The recognition as Category Lead and 2025 Winner is not just an award; it is a validation of years of purposeful investment in technology and talent, and a listening ear tuned to clients’ voices across the region.
The Head, Customer Experience of Leadway Pensure, Inyene Moses, received the award and expressed deep gratitude, stating, “This recognition is both humbling and inspiring. It speaks to our collective resolve to redefine Pension Administration through exceptional service driven by integrity, empathy, and a desire for impact. We do not take the trust of our clients lightly; this award is dedicated to them.”
In an industry where customer expectations are evolving rapidly, Leadway Pensure continues to demonstrate what it means to meet and exceed those expectations, blending digital innovation with human warmth, efficiency with empathy, and structure with soul.
As the landscape of Pension Administration in West Africa continues to shift, this third consecutive win is a bold reminder that Leadway Pensure is not just participating in the future but also shaping it.
About Leadway Pensure
Leadway Assurance is one of Nigeria’s foremost insurance service providers, renowned for its efficiency and customer reliability. With over 50 years of experience, Leadway has consistently honoured its underwriting commitments and earned a reputation for excellence in claims handling. The company remains at the forefront of the insurance industry, offering innovative solutions that meet the evolving needs of its clients.
2024: Insurance Industry Posts N1.2T Revenue Generation, N3.9T In Total Assets

Insurance Industry In Nigeria Resilient Despite Economic Hiccups- NIA -  Oriental News Nigeria

… As NIA Identifies Fire, Oil, Gas, Motor Insurance As Major Contributors

Amaka Obiefuna

 

The Nigeria Insurance Industry has reported a revenue generation of N1.2 trillion and N3.9 trillion of total assets at the end of September 2024, demonstrating a healthy expansion despite a rise in the net loss ratio in quarter two (Q2) 2024 compared to quarter one (Q1)

 

Chairman of NIA, Mr. Kunle Ahmed, in the first quarter media chat held recently in Lagos, noted that the Nigerian insurance market remained profitable overall, attributing significant contributors to Fire, Gas, Oil and Motor Insurance.

 

He disclosed that while specific data for the entire year of 2024 was still being consolidated, the available data up to the end of third quarter (Q3) 2024 indicated robust growth in gross premiums as he announced a report of 61 per cent year-on-year increase in Q3 2024, reaching N1.2 trillion from the regulator.

 

“This growth was largely driven by the non-life insurance sector, which constituted approximately 69 per cent of the total premium income.

 

“Within the non-life business, Fire, Oil & Gas insurance were significant contributors to the increased revenue. All non-life business products showed robust quarter-on-quarter growth”, the report indicated.

 

Also the life insurance business experienced substantial growth, with the report indicating a 45 per cent quarter-on-quarter increase in Q3 2024. “Group Life emerged as the largest premium-generating component within the life segment”, the report stated.

 

He further disclosed that the stricter enforcement of Third-Party Motor Insurance by the Nigeria Police Force, which commenced on February 1, 2025, is generating significant effects on both the insurance industry and policyholders in Nigeria.

 

The NIA Chairman explained that the most immediate and significant impact is the substantial increase in the purchase of third-party motor insurance policies.

 

He emphasised that this surge in demand directly translated to higher premium income and overall revenue growth for insurance companies, stating that available reports indicated a significant increase in the uptake, “and this trend is expected to be amplified by continued enforcement in 2025 and beyond.”

 

Ahmed however, pointed out that the increase in uptake implies increase in the volume of claims and overall potential liabilities of insurance companies, which will necessitate that insurance companies enhance their claims processing efficiency and customer service capabilities to handle the increased workload and ensure policyholder satisfaction.

 

Commenting on the Nigerian Insurance Industry Reform Bill 2024, he described the Bill as a timely and necessary step to bring the legal framework in line with contemporary challenges and international best practices.

 

He posited the Bill is a significant piece of legislation aimed at overhauling the regulatory framework of the insurance sector in Nigeria. “My reaction to this bill is largely positive, as it appears to address several long-standing issues and aims to modernise and strengthen the industry for the benefit of all stakeholders.

 

“The existing Insurance Act of 2003 is outdated and does not adequately address the current realities and evolving needs of the Nigerian insurance market”, the NIA Chairman noted.

 

On the proposed significant increase in the minimum capital requirements for insurance companies (non-life: N15 billion, Life: N10 billion, Reinsurance: N35 billion), Ahmed said it will enhance the financial capacity of insurers to underwrite larger risks, improve their solvency, and increase public confidence in their ability to meet obligations, adding that it also aims to improve the industry’s retention capacity and reduce reliance on foreign reinsurance.

 

Continuing, Ahmed stressed that the Insurance Industry recognises the immense opportunities presented by the African Continental Free Trade Area (AfCFTA) and that plans are at an advanced stage to explore them.

 

He said: “NAICOM spearheaded the creation of the Nigerian Insurance Industry Committee on AfCFTA (NII-AfCFTA Committee) in May 2022 to coordinate the industry’s strategic response to AfCFTA. The Committee’s mandate includes liaising with the National Action Committee on AfCFTA and other relevant bodies to actualise the immense benefits under this arrangement.

 

“The NII-AfCFTA Committee, with the support of NAICOM, had organised workshops and enlightenment programmes for insurance operators, brokers, and loss adjusters to raise awareness about the opportunities and challenges of AfCFTA and to strategise for effective participation.”

 

A key focus of this initiative, according to him, is on developing insurance products that cater to businesses operating across multiple African countries which include coverage for trade, investments, and multinational clients. “The industry aims to capitalise on the AfCFTA’s Trade in Services protocol, which offers opportunities for increased financial integration and cross-border operations.

 

“Currently, Nigerian insurers are considering establishing commercial presence in other African countries to tap into new markets directly. NAICOM has urged Nigerian brokers, loss adjusters, and insurers to improve their value proposition, professionalism, and service delivery to remain competitive in the expanded African market”, Ahmed disclosed.