Finance Minister to give Keynote Address at FiBOP National Annual Conference 2025

AIICO Insurance Plc, a trailblazer in Nigeria’s insurance industry, has once again earned top honours as it clinched the coveted “Outstanding Insurance Company of the Year” award at the 2025 MARKETING EDGE Brands & Advertising Excellence Awards held in Lagos.
This recognition marks the third consecutive year that AIICO has been celebrated at the prestigious event, reinforcing its stature as a leading composite insurer that continues to define excellence in the marketplace. In 2023, AIICO was named “Insurance Company of the Decade”, followed by another top industry honour in 2024, before emerging this year’s Outstanding Insurance Company of the Year.
The organizers of the award noted that AIICO’s selection was based on its sterling performance and the remarkable positive impact it continues to make on the Nigerian financial services industry. The company’s consistency in delivering value to customers, while driving innovation and service excellence, has positioned it as a brand of choice across generations.
Speaking on the recognition, Mr. Segun Olalandu, Head of Marketing and Communications at AIICO Insurance Plc, expressed the company’s appreciation: “We sincerely thank the organizers of the MARKETING EDGE Awards for consistently recognizing and honouring the AIICO brand over the years. This recognition affirms our strength and relevance in the marketplace. At AIICO, we will not rest on our oars. We remain intentional about delighting our customers, meeting their needs, and surpassing their expectations with innovative solutions and superior service.”
This latest award further strengthens AIICO’s long-standing reputation as a trusted brand and a consistent leader in Nigeria’s insurance sector.
About AIICO Insurance Plc
AIICO Insurance is a leading composite insurer in Nigeria, with a 60-year record of accomplishment in delivering quality service to its clients. Founded in 1963, AIICO provides life and general insurance, health insurance, and investment management services to create and protect wealth for individuals, families, and corporate customers.
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The Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has reaffirmed the Commission’s commitment to strengthening collaboration with the Nigeria Union of Pensioners (NUP) to enhance the welfare of retirees in Nigeria.
Ms. Oloworaran made this pledge on Thursday, September 25, 2025, when she led a PenCom delegation on a courtesy visit to the NUP headquarters in Abuja. The team included the Acting Commissioner, Inspectorate, Mr. Samuel Chigozie Uwandu, and other senior management staff.
Speaking during the visit, the PenCom DG lauded the NUP for its unwavering advocacy on behalf of pensioners. She noted that the Union’s representation on PenCom’s Governing Board has been instrumental to the effective implementation of the Contributory Pension Scheme (CPS).
She assured the Union that PenCom remained resolute in its mandate to safeguard the retirement benefits of Nigerian workers. The PenCom DG said all outstanding pension increases approved by the Federal Government would be implemented this year, backed by the N758 billion bond approved by President Bola Ahmed Tinubu. She added that the funds would soon be made available for payments to commence.
Furthermore, she said PenCom and NUP share a common mission — the protection and welfare of pensioners. She tasked the Union to continue to collaborate with PenCom to ensure that retirees enjoy the dignity and security they deserve after years of service to the nation.
In his response, the President of NUP, Comrade Godwin Ikechukwu Abumisi, hailed the visit as historic, describing Ms. Oloworaran as the first PenCom DG to visit the Union’s Headquarters in Abuja.
He praised PenCom as a “star performer” in prioritising pensioners’ welfare and urged the DG to convey the Union’s appreciation to President Tinubu for placing retirees’ wellbeing at the heart of government policy. He added that the pensioners will reciprocate President Tinubu’s actions at the appropriate time.
Comrade Abumisi further tasked PenCom to ensure the full implementation of all past pension increases under the CPS — a request the DG reiterated would be achieved before the year runs out.
The visit concluded with the PenCom delegation touring the ongoing NUP building project located within the environs of its national headquarters. Both institutions pledged to sustain and deepen their partnership in the collective interest of pensioners nationwide.
The Asset Management Corporation of Nigeria (AMCON) has offloaded 34 per cent of its stake in Unity Bank Plc to Providus Bank.
By Winifred Bosa
NLNG, in collaboration with the Nigerian Content Development and Monitoring Board (NCDMB), recently achieved a major milestone in the Nigerian Content development commitment, with the close-out of Train 7 Project Human Capital Development (HCD) Advanced Training Programme, at the plant complex in Finima, Bonny Island.
The training ends officially on 30th September 2025 with the departure of the trainees from its plant facility in Bonny Island. The HCD programme, run under the guidance of the NCDMB, is a Federal Government initiative to build capacity for the oil and gas industry and fulfil the Nigerian Oil and Gas Industry Content Development (NOGICD) Act’s requirement on human capital development.
A total of 122 trainees, having completed prior HCD Basic Training Programmes, were approved by the NCDMB, to participate in the rigorous three month On the Job Training (OJT) within NLNG facilities, covering both graduate and vocational categories. The training programme focused on development of technical expertise in plant and facility management, amongst other competencies, and has positioned the trainees to take advantage of future opportunities within the oil and gas industry.
Speaking at the ceremony, NLNG’s Train 7 Project Director Engr. Ali Uwais, represented by Engr. Joshua Anemeje, Train 7 Project Corporate Liaison Manager, described the advanced training programme as a testament of the resilience, discipline, and growth of the trainees.
He congratulated the trainees for their commitment to excellence and urged them to take advantage of future opportunities within the oil and gas industry.
“This programme is about building a new generation of Nigerian professionals who will shape the oil and gas sector for decades to come. Its successful completion with a zero-incident safety record reflects not only your dedication but also NLNG’s uncompromising culture of ‘Safety First and Always’, and its operational excellence”, Engr. Anemeje said.
He further commended NCDMB, for its role as a strategic partner in driving Nigerian Content targets and capacity development in the industry, and the training partners, Candix Engineering Nigeria Limited, AOS Orwell, Arco Marine and Engineering Limited, Dover Engineering and Amaiden Energy Nigeria Limited, for ensuring a world class OJT experience and HR management.
In his comments, the NCDMB’s General Manager Human Capital Development (HCD), Esueme Dan Kikile, Esq, expressed delight on the conclusion of the training programme, which produced a pool of skilled and globally competitive workforce, knowledgeable in key areas such as instrumentation, electrical, mechanical, lifting and rigging activities, and fabrication, preventive and corrective maintenance, and can compete globally in the oil and gas industry and its linkage sectors.
Kikile described Train 7 Project as one of the largest gas infrastructure developments in Africa, noting that it not only created jobs but also provided a platform to groom young Nigerians with advanced technical and managerial competencies.
“This training provided hands-on experience on a live LNG project that complimented your academic and theoretical knowledge. This training further exposed trainees to specialised advanced technical disciplines, project management, health and safety, and emerging technologies critical to the future of the industry,” he added.
‘It is my delight to note that twenty-seven (27) of the trainees have received special recognition awards for their aptitude during the programme, out of which six (6) who were very exceptional have been offered automatic employment by AOS Orwell, one of the training partners,” he revealed.
He lauded NLNG and all other partner companies for their unwavering commitment to Nigerian Content development, referencing several other initiatives on which the Board is partnering with NLNG to deepen local content implementation in the Nigerian oil and gas industry.