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Anambra Commences Warehouse Construction For Pharmaceutical Grade Kaolin 

Anambra State Governor, Prof.Charles Chukwuma Soludo has approved funds for the warehouse construction of the Pharmaceutical Grade Kaolin at Umunuko, Ukpor, Nnewi South Local Government Area of the State.
The Pharmaceutical Grade Kaolin, which is a specific type of Kaolin used in pharmaceutical preparations, is part of the State Government’s investment drive to bring in pharmceutical companies to the state in form of partnerships for the overall development and industrialization of the state.
The Managing Director/CEO of Anambra State Solid Minerals Development Company Limited, Prof.Charles O.Ofoegbu, represented by his General Manager, Mr Ebuka Ujubuonu, during the handover of the project to the contractor, noted that the project is the second phase of the established Kaolin Processing Plant for industrial purposes, which is already in commercialisation stage.
Characterised by it’s high purity and controlled particle size, Mr Ujubuonu emphasised that the pharmaceutical Kaolin plays a crucial role in the formulation of medications, with its excipient in various pharmaceutical dosage forms including tablets, capsules, suspensions and creams. He further mentioned that rigorous quality control will ensure that its use is safe and free from harmful contaminants.
The elders of the community who were present during the handover ceremony, while speaking through their village Chairman, Chief Mike Anoliefo, expressed joy over the new development and pledged their full support to the State Government.
Team from the Ministry of Housing were also on ground for inspections, and to give necessary recommendations for the warehouse based on specifications in the drawing.
The contractor incharge of the project, Engr. Chigozie Igwe, on his part, promised to deliver within the stipulated time frame.
Online Poster by — June 13, 2025 in News 0
NAICOM Assures Annuitants Of Protection Through Supplementary Guidelines

AMAKA Obiefuna

In its continued effort to reposition the industry, the National Insurance Commission (NAICOM) has announced its move to totally ring-fence Retiree Life Annuity (RLA) funds.

This, according to the Managing Director NSIA Insurance Limited, Moruf Apampa, is aimed at giving adequate protection to annuitants, adding that comprehensive supplementary guidelines would soon be issued.

Apampa, who is also a member of Communication & Stakeholder Engagement Sub-Committee, Insurers Committee disclosed this at a press conference held on Wednesday June 11, 2025 after the June 2025 Insurers’ Committee meeting in Lagos.

Both the supplementary guidelines and other measures taken by NAICOM are geared towards protecting annuitants and other policyholders, the Managing Director stated. He also disclosed that NAICOM is also working on cyber risk guidelines

On settlement of claims Apampa announced that the Commissioner for Insurance, Olusegun Omosehin, has expressed satisfaction with the improvement made in this regard and assured that NAICOM and operators are now fully committed to prompt settlement of genuine claims.

Online Poster by — June 12, 2025 in News 0
Oluremi Tinubu Commissions Mega Technical , Vocational College In Enugu

First Lady Inaugurates Mega Technical/Vocational College in Enugu, Explains Why Tinubu Supports Leaders Like Mbah – THISDAYLIVELarryBravo Nwaiwu
First Lady of Nigeria, Senator Oluremi Tinubu, has explained President Bola Tinubu’s support for Governor Peter Mbah Administration in Enugu, saying her husband would always support leaders, who judiciously deploy public funds for the common good of the people.
Mrs. Tinubu made the revelation during the commissioning of the Technical, Vocational Education and Training College, GTC, Enugu, on the sidelines of her just-concluded two-day working visit to Enugu State.
It is recalled that Governor Mbah Administration inherited a highly dilapidated Government Technical College, GTC, Enugu, which it demolished about 11 months ago to erect a Technical, Vocational Education and Training (TVET) College comprising twenty-four ultra-modern skill training centres and massive hostels for 1,000 resident students.
The government equally built two Smart Green Schools in the quite expansive premises.
Speaking during the commissioning, Senator Tinubu, who noted the increased federal allocations accruing to the states under the Tinubu Administration, stressed the need for leaders to deploy the resources in the service of the people.
 “I am really excited. Like some critics will say that Mr. President is really in support of the governor here. Now your allocation has tripled. The president will be happy to associate with the people, who are using the resources of this nation judiciously. And this is part of it. And we are excited.
“The slogan for Enugu state is ‘Tomorrow is Here’ and tomorrow is indeed here. This is just a glimpse of a better tomorrow that our children and even generations yet unborn will enjoy,” she stated.
In his remark, Governor Mbah said the project was the first of the eight Technical, Vocational Education and Training Colleges meant for each of the eight Federal Constituencies of the state to equip the youth with skills to shape the future.
He explained that his government decided to break away from the outdated system of memorisation to experiential learning, stressing that no nation could be greater than its human capital.
Mbah said that with the TVETs and other modern post-basic education schools being built, graduates of Green Smart Schools would sustain their upward trajectory in experiential and smart learning.
“So, today is a great day for us. It is a launch further into our vision to transform education in Enugu State. We are profoundly honoured and delighted that you were able to make out time to commission the TVET, Government Technical College,” he stated.
Giving further insight into the project, the Commissioner for Education, Prof. Ndubueze Mbah, said TVETs were geared towards empowering the youth with skills and knowledge in response to emerging industry needs.
“The new GTC Enugu is, which include ICT and Digital Innovation Hub, Renewable Energy, Weldieng and Fabrication, Auto-Mechatronics, Refrigeration and Air Conditioning, Electrical Installation, Fashion Design and Garment Making, Hospitality Training, and others equipped with twenty-four ultra-modern skill training centres.
“It is supported by two massive modern hostels accommodating 1,000 resident students. The new GTC, Enugu, is a milestone realisation of an audacious vision, that enables a transition from the Enugu Smart Green Schools, into professional workforce and masterful skills development for the youth of Enugu State,” Prof. Mbah explained.
Recall that President Tinubu had during his official visit to Enugu on 4th January to inaugurate some iconic projects executed by the Governor Mbah Administration also said he was more interested in performance than political affiliations.
“He is doing a fantastic job. The election is over and we have to move the nation forward. You have demonstrated that irrevocable commitment towards human development. I don’t care which party you come from. You are my friend. You are doing well and very focused,” the president had asserted.
Online Poster by — June 12, 2025 in News 0
First Lady Flags Off Campaign Against HIV/AIDS, Other STDs In Enugu

First Lady Flags off Free to Shine Campaign Against HIV/AIDS, other STDs in Enugu - Freedom Square TV…. Gov. Mbah, wife, pledge  collaboration
LarryBravo Nwaiwu
Nigeria’s First Lady, Senator Oluremi Tinubu, has flagged off the Free to Shine Triple Elimination Campaign, an initiative of the Organisation of African First Ladies for Development, OAFLAD, and global partners to eradicate HIV/AID, Syphilis and Hepatitis by 2030.
Flagging-off the campaign at the International Conference Centre, Enugu, on Tuesday, the founder of the Renewed Hope Foundation, Senator Tinubu said the initiative was an imperative, since Nigeria bore the highest burdens of HIV infection in sub Saharan African due to her large population.
“We launched the campaign in January 2025 and have flagged it off in five political zones of North Central, North East, North West, South South and South West. Today, we have flagged off the campaign in southeast to complete the Free to Shine campaign.
“Our aim is to reduce HIV infection among women, prevent mother and child transmission and ensure that every child born with it gets the necessary treatment,” Tinubu said
She thanked Governor Peter Mbah of Enugu State and his Wife, Mrs. Nkechinyere Mbah and the people Enugu State for the warm reception accorded to her and her entourage. During her two-day working visit.
Throwing his weight behind the campaign, Governor Mbah, said his administration had taken health seriously because a healthy population is the foundation on which progress is built.
“Here in Enugu State, we have aligned our healthcare priorities with the vision of the ‘Free to Shine Campaign.’
“By September, we would have completed and fully equipped 260 Type 2 Primary Healthcare Centres in all wards — each with accommodation for health workers to ensure round-the-clock care.
“We have also strengthened our secondary and tertiary healthcare systems and broadened access to health insurance and emergency services, especially for the most vulnerable.
“These efforts are already yielding results — with a significant reduction in maternal, under-five and infant mortality.
“But we know the work is not done. No health system can thrive in isolation or assume it no longer needs support. This is why we embrace the goals of the ‘Free to Shine Campaign’ — goals that seek to eliminate stigma, expand access to HIV treatment, and, most importantly, end mother-to-child transmission of HIV,” he stated.
The First Lady of Enugu State, Mrs Mbah, commended Senator Tinubu and OAFLAD for providing leadership against the scourges of HIV/AIDS and other sexually transmitted diseases.
“I commend the First Lady, Her Excellency Senator Oluremi Tinubu, for demonstrating leadership and commitment to the health and well-being of Nigerians.
“As 2023 data from the Joint United Nations Programme on HIV/AIDS (UNAIDS) shows, Nigeria has one hundred and forty thousand (140,000) children aged 0 – 14 living with HIV, with twenty-two thousand (22,000) deaths each year. This is an enormous public health burden with vast social and economic implications. So, the ‘Free to Shine Campaign’ is indeed a creation of necessity,” Mrs. Mbah said.
She expressed total support for the initiative, noting that “collaboration is the driving force of change and development.”
“When we collaborate, problems that seem intractable are solved. So, I am confident that the goals of this campaign will be achieved in Enugu State, in Nigeria – and across Africa. What is required is whole-hearted dedication,” she concluded.
The event featured a general overview of the Free to Shine Campaign, by the Executive Secretary for OAFLAD, Dr. Nardos Berhanu, testimonials and experience sharing by persons living with HIV/AIDS, drama presentation by Members of the National Youth Service Corps, and goodwill messages by development partners, among others.
Meanwhile, the Nigerian First Lady was conferred with the chieftaincy title of Ugosinamba (Precious Jewel/Eagle from another kingdom) by the Enugu State Council of Traditional Rulers, citing her love for Enugu and service to the nation and humanity.
Online Poster by — June 12, 2025 in News 0
Pornography, Propaganda In Social Media Spaces Worry Anambra Government 

Anambra State Government has decried the quantity of pornography and propaganda available in various social media spaces.
The state’s Commissioner for Information, Dr Law Mefor, while speaking at the closing ceremony of a two-day Media and Information Literacy (MIL) Workshop for youth and youth-led organisations in South East Nigeria, at Nnamdi Azikiwe University Auditorium, organised by Media and Information and Inter-cultural Dialogue (MILID) Foundation in collaboration with UNESCO and Anambra State Ministry of Information, among others, observed that the quantity of sexuality in social media skits is alarming, and nothing short of pornography.
He stated that pornography is redefining so much of the social media information being consumed by the people in various social media spaces thereby  showcasing the kind of irresponsibility inherent in the people creating such contents.
He advised content creators, particularly youths to eschew the use of pornography in creating contents but to think deeper to generate contents through other societal issues.
“What MILID Foundation, UNESCO and Ministry of Information is trying to tell you about media and information literacy is that you owe the society some level of responsibility. It’s true that through such reckless contents, you can draw traffic to your social media handles to a point that they may start paying you. Yes, money will come from it but at what cost?
” Those of us in government in Anambra State are worried about irresponsibility while creating contents or putting out information out there. We are worried about not only such contents and the recklessness of such exhibition. We are worried about propaganda. Some people say propaganda is necessary in politics. I don’t think that a government that is doing well needs propaganda. Let facts speak for itself.
“We don’t believe in propaganda here. As the Manager-in- Chief of Information in Anambra State, what we try to do is put out the accurate data/information in every possible way, avoiding propaganda, misinformation, falsification or nuancing of information in a way that you make it look acceptable. And we have made this our reputation. If you have been hearing that Solution is here in Anambra State; those of you who are visiting, we invite you to do a project tour – the ministry will help you to look around to see that indeed, the Solution Governor, Prof Chukwuma Charles Soludo has done so much in less than three years,” he said.
Online Poster by — June 12, 2025 in News 0
CBN Debunks Report On BDC Recapitalisation Deadline

 

CBN debunks report on BDC recapitalisation deadline

The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December 31, 2025.

 

The CBN, through its Acting Director of the Corporate Communications Department, Mrs. Hakama Sidi Ali, described the information as false, misleading, and stated that it should be disregarded.

 

According to her, the Bank has not granted any such extension beyond the previously communicated deadline of June 3, 2025.
She consequently urged the general public, journalists, media platforms, and all stakeholders to consistently verify information directly from official CBN sources, such as the Bank’s website and authorised communication channels, before publishing or sharing news about the Bank and its regulatory directives.

 

The CBN remains committed to ensuring transparency, stability, and compliance in the foreign exchange market and will continue to engage with all relevant stakeholders in accordance with its statutory mandate,” Sidi Ali noted.

 

As part of the revised framework introduced in February 2024, BDCs are required to meet new minimum capital requirements: ₦2 billion for Tier-1 and ₦500 million for Tier-2 operators.

Online Poster by — June 12, 2025 in Capital Market 0
Fidelity Bank Boosts Learning With Donations To Govt Secondary School Port Harcourt

L-R: Team Lead, Human Resource and Business Partner East and South, Fidelity Bank Plc, Osayi Uwumarongie; Principal, Government Junior Secondary School Elekahia, Port Harcourt; Dr Ekeh Florence; Team Lead, CSR, Fidelity Bank Plc, Victoria Abuka; and Procurement Officer/Class President, Suncrest 2025 Inductees Class, Fidelity Bank Plc, Euphemia Okereafor; during the Fidelity Helping Hands Programme Donation to Government Secondary School, Port Harcourt, Rivers State recently.

 

In furtherance of its long-standing commitment to education and youth development, leading financial institution, Fidelity Bank Plc, has donated a wide range of relief and academic materials to Government Junior Secondary School, Elekahia, Port Harcourt, Rivers State. The donation was made possible by the unwavering dedication and generosity of a class of newly inducted staff, known as the Suncrest Inductee Class, under the Fidelity Helping Hands Programme (FHHP).

 

Through the FHHP, staff across Fidelity Bank’s business locations identify projects that impact their immediate community and raise funds to execute them. The bank’s management thereafter matches this contribution with an equal amount and disburses it for the selected project.

 

Speaking about the donation event, Divisional Head, Brand and Communications, Dr Meksley Nwagboh, noted the bank’s dedication to fostering community development and supporting children from underprivileged backgrounds.

 

“We deliberately chose a public school because we understand the challenges many students face. Our aim is to provide support that not only aids academic performance but also inspires hope for a brighter future,” said Dr Nwagboh.

 

He highlighted that the Bank’s initiative for school and students has spanned 15 years with numerous schools as beneficiaries nationwide. “At Fidelity Bank, we believe that investing in the next generation is a direct investment in the future of our country. This initiative is deeply rooted in our philosophy of grooming responsible future leaders and promoting social equity, with our members of staff being able to significantly contribute right from their early days in the bank” he affirmed.

 

In her remarks, the Principal, Government Junior Secondary School, Elekahia, Dr. Ekeh Florence, expressed heartfelt appreciation to Fidelity Bank for its generous gesture.

 

“We are sincerely grateful that Fidelity Bank remembered the students of our school. The materials they provided – which includes exercise books, biros, socks, footwear, sanitary items such as pads and shaving sticks, and even snacks – will go a long way in boosting the morale and academic readiness of our students,” Dr. Ekeh stated.

 

The students expressed their joy and appreciation, describing the donation as the first of its kind from any corporate organization. Many pledged to make the best use of the materials to improve their academic performance and personal development.

 

Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.

 

The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

Online Poster by — June 11, 2025 in News 0
Leadway Supports Nigerian Pavilion At The London Design Biennale 2025

Leadway Group, one of Nigeria’s foremost non-banking financial service group, has announced its sponsorship of the Nigerian Pavilion at the prestigious London Design Biennale, scheduled for June 2025. This sponsorship is a decisive commitment to the global celebration and representation of the next generation of Nigerian creatives through international convergence of Nigerian culture, innovation, and creativity.

 

From June 5 – 29, 2025, the Nigerian Pavilion, “Hopes and Impediments”, will take center stage at Somerset House, London, the UK’s largest creative community and a global hub for the arts. The Pavilion curated and designed by Myles Igwebuike, founder of Nteje Studios, and produced by Culture Lab Africa and endorsed by the Centre for Black and African Arts & Civilisation (CBAAC) presents a radical reimagining of identity, historical memory, and indigenous knowledge systems through the lens of contemporary design.

 

Myles’ roots in South-Eastern Nigeria and experiences abroad have uniquely positioned him as a bridge between tradition and transformation; exploring how the South-East of Nigeria is a cultural powerhouse redefining narratives and inspiring a reawakening of national pride.

 

According to the Group Managing Director, Leadway Holdings, Tunde Hassan-Odukale, “At Leadway, we believe that the intersection of culture, creativity, and commerce holds immense power to shape society and inspire progress. Our support of Nigeria’s participation at the London Design Biennale 2025 aligns with our bold affirmation of the global significance of Nigerian artistry and innovation. This initiative is not merely about aesthetics; it’s about preserving heritage, amplifying our stories, and empowering the next generation of creative thinkers. Through this platform, we proudly invest in the limitless imagination of Nigerian youth and the enduring spirit that propels our nation forward.

 

“As a proudly Nigerian brand, we see this as an extension of our commitment to social investments and economic development through inclusive, future-forward and globally inspired engagements. We are honoured to be part of a movement that celebrates our identity, creativity, and the boundless potential of our people.” He concluded.

 

Commenting on Nigeria’s participation at this year’s Biennale, Hon. Aisha Adamu Augie, the Director General, Center for Black and African Arts and Civilization (CBAAC), a proud partner and contributor to the Nigerian National Pavilion stated that, “Nigeria’s participation in this year’s London Biennale is critical to our collective goal of projecting the African heritage on the world stage. This provides a veritable platform for the best of African design and talents to showcase their capabilities and inspire a lot more in the creative sector in the process. Nigeria’s participation at this year’s Biennale will further cement its position as a leader in projecting African Heritage to the world,” she further added.

 

Leadway’s sponsorship strengthens its broader investment in the Nigerian creative community. The company has previously supported creative initiatives such as Leadway Media Dash, which provides free media exposure for young entrepreneurs and continues to support platforms like the Lagos Leather Fair, a critical initiative to elevate Nigeria’s leather craftsmanship.

Online Poster by — June 11, 2025 in News 0
Seplat Energy Is First To Receive CIPS Procurement Excellence Standard Certificate In Nigeria

L-R: Chief Operating Officer, Seplat Energy Plc, Samson Ezugworie; Global Chief Executive Officer, Chartered Institute of Procurement and Supply (CIPS), Ben Farrell; General Manager, Supply Chain Management (SCM), Seplat Energy, Valentine Agwu, at the presentation of the Procurement Excellence Standard Certificate to Seplat Energy Plc by the CIPS in Lagos … recently.

The Chartered Institute of Procurement and Supply (CIPS) has presented the Procurement Excellence Standard Certificate to Seplat Energy Plc, the foremost Nigerian independent energy company.

The Global Chief Executive Officer, CIPS, Ben Farrell, made the presentation to Seplat Energy at the company’s office in Ikoyi – Lagos State on June 5th 2025. Farrell led a delegation from the CIPS to make the presentation to the Seplat Energy team led by the Chief Operating Officer (COO), Samson Ezugworie; and the General Manager, Supply Chain Management (SCM), Valentine Agwu.

Seplat Energy’s application to be assessed against the CIPS standards started in February 2023. During the period, CIPS-approved assessors reviewed – amongst other criteria – the company’s processes, policies, ways of working, and so on, against 98 elements and across 5 dimensions (categories) used to assess the operations of a supply chain management organisation.

Seplat Energy’s Supply Chain Management (SCM) held the final assessment with a CIPS Advantage Procurement Excellence Programme Independent Verifier on Monday the 21st of January 2025. Consequently, on Wednesday 22nd January, CIPS announced that Seplat Energy Plc has been issued with the award.

The CIPS Global CEO observed that the award has only been issued to a few organisations who have demonstrated to be aspirational, continuingly obsessed with being better and raising the bar.

Farrell said: “We don’t give these Certificates away, because they are serious, meaningful recognition of that ambition. So, it is designed for hard work and to be rigorous, because we want people to feel at the end of it that they are really proficient, and they are capable of all the things it is designed to do. So, it is a real recognition of your commitment and the team’s commitment. Congratulations to you all.”

The Seplat Energy COO, on behalf of the company and its leadership expressed deep appreciation to the CIPS team for the transformative journey the Seplat SCM had gone through and gave credit to them, particularly for the thoroughness and vigor in the review process.

Ezugworie said: “For us as Seplat Energy management, we made a deliberate decision to go this route, because Supply Chain is the bedrock of our business. It is the channel of our spend and it is very important to get the channel of your spend on a very right foundation, and perhaps with transparency that this whole process brings.”

He thanked the entire SCM Team, led by Valentine Agwu, for making the company proud and further challenged them on a continuous implementation journey towards the Platinum Category of the certificate, such that sustainability becomes the next level of challenge.

Earlier, the GM SCM, Seplat Energy, had noted that in 2021, Seplat Energy set out on a transformation agenda which was built around process, people and systems only. However, the company eventually adopted a CIPS PEP Model upon which to build the transformation.

“It took us two years of rigorous assessment on 5 dimensions including Leadership and Organisation, Processes and System, Strategy and Policy, Performance Management and People. I am proud to announce that we passed in flying colours, which is why we are here today,” Agwu said.

The SCM function of Seplat Energy Plc has undergone a rigorous assessment by the CIPS UK and adjudged to have successfully met the required standard as set out, for having robust and effective governance processes in place for supply assurance and compliance. This outstanding feat is a result of the process, people and ways of working initiatives that were implemented over the years.

It is worthy to note that, by reason of this award, Seplat Energy Plc has set another pace as the first in Nigeria to receive the CIPS Procurement Excellence Standard Award in Nigeria. The company is also the second oil and gas company in Africa to have received the award.

Online Poster by — June 10, 2025 in News 0
Global & Continental Insurance Powerhouses, Sanlam And Allianz Merge To Enhance Operations In Nigeria

 

Sanlam, Africa’s biggest non-banking financial services powerhouse, and Allianz, one of the world’s most recognised global insurer, have announced a significant milestone in their Pan-African expansion strategy with the successful merger of their operations in Nigeria, one of Africa’s leading economies.

 

The merger, now branded as SanlamAllianz Nigeria, was officially announced on Thursday, June 5, 2025, during a high-profile launch event at the Oriental Hotel, Victoria Island Lagos. Executives, regulators, partners, and the media gathered to witness the unveiling of the new brand.
SanlamAllianz Nigeria is part of a broader initiative by both parent companies to create Africa’s leading non-banking financial services group in different markets. By leveraging Sanlam’s extensive continental footprint and achievements and Allianz’s global reputation and technical expertise, this new entity aims to offer enhanced customer experiences, innovative insurance solutions, and improved financial inclusion in Nigeria.

 

Speaking at a press briefing on the event day, Tunde Mimiko, MD/CEO of SanlamAllianz Life Insurance Nigeria, said, “Today marks a transformative chapter for Sanlam and Allianz but, even more importantly, the Nigerian insurance industry. Our joint venture, SanlamAllianz, is the fusion of complementary strengths, global expertise, rich underwriting heritage, and local insights designed to expand access to world-class insurance solutions for millions of Nigerians.

 

“At a time when Africa’s economic evolution demands more than traditional products, SanlamAllianz is committed to empowering individuals and businesses to build resilience, plan confidently, and drive inclusive growth. By embedding innovation and collaboration at our core, we aim to navigate the complexities of Nigeria’s market with integrity and excellence, setting a new benchmark for the insurance industry and securing the future of our people and businesses.”

 

At the heart of SanlamAllianz’s mission is a steadfast commitment to fostering Confidence in Nigeria. In an often-uncertain market, this partnership aims to be a beacon of stability and reliability for Nigerians and businesses. By delivering transparent, customer-centric solutions and upholding the highest standards of governance and ethics, SanlamAllianz seeks to build enduring trust, empowering individuals and enterprises to face the future with confidence.

 

Commenting on the merger’s significance for Nigerian economic development, Yomi Onifade, MD/CEO, SanlamAllianz General Insurance Nigeria, stated, “The emergence of SanlamAllianz Nigeria is timely and significant, especially as Nigeria has boldly announced its ambitions to achieve a $1 trillion economy. Such an ambitious goal requires the backing of a financially solid underwriter and exceptional risk management expertise.

 

“We understand that building confidence in the market involves more than just offering insurance products; it requires strict adherence to governance, transparency, responsiveness, and excellence in service delivery. At SanlamAllianz, we recognise the unique challenges that businesses and industries face and are well-positioned to provide tailored solutions that inspire trust and deliver real value.”

 

Sanlam and Allianz have already merged their businesses in several African countries, including key markets like Kenya, Morocco, Ghana, Uganda, Côte d’Ivoire, and now, Nigeria. This integration combines decades of experience across insurance and asset management, aligning operations to serve local markets better while streamlining product delivery and regional expansion.
With Nigeria’s low insurance penetration among its vast population, SanlamAllianz is strategically positioning itself at the right moment to transform the Nigerian insurance landscape. By embracing innovation, fostering financial inclusion, and expanding accessible coverage, the company aims to build lasting trust in insurance as a vital tool for long-term financial security.

 

About SanlamAllianz
SanlamAllianz is a leading Pan-African financial services entity, established in September 2023 through a joint venture between Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the world’s foremost Insurers and Asset Managers. Operating across 27 African countries, SanlamAllianz combines over two centuries of collective experience to offer a comprehensive suite of services, including life and general insurance, asset management, assistance, third-party administration, and retail credit.

Online Poster by — June 10, 2025 in Insurance and Pension 0