The Nation Newspaper

Author: The Nation

  • Family fiesta: HOD Comedian champions unity, love and positive values at Lagos show

    Family fiesta: HOD Comedian champions unity, love and positive values at Lagos show

    Comedian Emmanuel Inyang, popularly known as HOD Comedian, has taken a bold step beyond the stage, using humour and entertainment to promote family values as he successfully hosted the maiden edition of Family Fiesta in Lagos.

    Held at the Entrance Event Centre on Ago Palace Way, the colourful gathering pulled in well over 1,000 parents and children, transforming the venue into a lively mix of laughter, bonding, and shared experiences. But beyond its entertainment value, Family Fiesta stood out for its core message: reinforcing unity, love, and positive childhood memories in a fast-paced society where families often struggle to find quality bonding time.

    Designed as a one-of-a-kind family lifestyle experience, the event blended games, interactive sessions, comedy, dance and inspiring engagements, ensuring that both adults and children found meaningful moments to connect. HOD Comedian said the concept was created to “bring parents and children together in an atmosphere of joy, strengthen relationships, and remind families that shared experiences are the foundation of wholesome society.”

    READ ALSO: Stakeholders urge fed govt to reform correctional centres

    The maiden edition drew the presence of notable personalities, including Kaffy, the award-winning dancer and Guinness World Record holder; comedians Deeone, Bow Joint, Phronesis, and Lolo Mbakara; as well as popular health advocate Aproko Doctor. Their appearances added colour to the already vibrant atmosphere and underscored the significance of the initiative.

    Parents at the event praised HOD Comedian for creating a platform that celebrates the importance of family bonding. Many described the experience as refreshing, especially for children who had the chance to learn, play and create memories outside the usual home routine.

    With the success recorded at its debut, indications suggest that Family Fiesta could become a regular feature on Lagos’ social calendar, offering families an opportunity to reconnect and rediscover the simple joys of togetherness.

    For HOD Comedian, the vision is clear: to use creativity and entertainment to rebuild values that strengthen homes – and ultimately, society.

  • 2Baba joins Made-in-Benue movement to drive cultural, economic renaissance

    2Baba joins Made-in-Benue movement to drive cultural, economic renaissance

    Nigerian music icon Innocent “2Baba” Idibia has officially been unveiled as a major partner in the Made In Benue Project, signaling a new chapter in the decade-long cultural and creative initiative from Benue State.

    2Baba’s involvement positions him as the project’s most prominent ambassador since its inception in 2016, when it was launched to translate creative talents into economic opportunities.

    At a joint press conference held at JRC Chariot Apartments, Abuja, 2Baba described the initiative as “a movement that goes far beyond an event,” highlighting its cultural, economic, and social dimensions.

    “Made In Benue is a movement, a cultural, economic, and social awakening designed to showcase the strength, creativity, and potential of the Benue people,” he said.

    He added, “Our mission is simple: to take Benue to the world,” calling on indigenes both at home and in the diaspora to rally behind the initiative. He also appealed to the State Governor, Rev. Fr. Hyacinth Alia, to champion the movement as part of a broader drive for youth empowerment and economic transformation.

    2Baba further urged corporate bodies, government agencies, and development partners to support the project through collaboration and investment. He noted that his 2Baba NewPhase Initiative would serve as a driving force behind the Made In Benue vision.

    READ ALSO: Stakeholders urge fed govt to reform correctional centres

    “I am willing, ready, and deeply motivated to work with all stakeholders to ensure that this movement becomes a national and global force,” he emphasized.

    The project’s convener, Ordue Andrew Ikon, popularly known as OD Woods, said the 2025 edition marks the 10th anniversary of Made In Benue, which began as a platform to promote Benue talents and culture.

    According to OD Woods, the event has evolved from a single-day concert into one of Nigeria’s leading creative showcases, giving hundreds of young artists their first exposure while generating thousands of jobs across event production, fashion, catering, and logistics sectors.

    “What began as a dream to give Benue talents a stage has become one of Nigeria’s most anticipated entertainment and cultural events. Today, Made In Benue is a brand, a movement, and a celebration of identity,” he said.

    He added that this year’s edition would expand into a multi-day festival featuring exhibitions in fashion, leatherworks, food and beverage production, tourism, and hospitality—efforts aimed at highlighting Benue’s economic potential and attracting investors.

    Announcing 2Baba’s involvement, OD Woods described it as a “major boost” for the project’s next phase, saying the award-winning artist embodies the ideals of authenticity, creativity, and global excellence.

    “2Baba’s partnership brings a new level of value and inspiration. His involvement is not just about performance. It’s about mentorship, vision, and giving back,” he said.

    The collaboration is expected to open new opportunities for Benue creatives, strengthen local industries, and project the state’s unique heritage to a global audience.

    The Made In Benue Live Concert and Festival is scheduled for December 26, 2025, in Makurdi, Benue State.

    “Let us come together. Let us tell our story. Let us elevate Benue,” 2Baba declared. “Greatness is truly Made in Benue.”

  • REAN to deploy renewable power solutions to 2,000 SMEs

    REAN to deploy renewable power solutions to 2,000 SMEs

    The Renewable Energy Association of Nigeria (REAN) aid it is taking decisive steps to improve energy access by deploying renewable power solutions to 2,000 Small and Medium Enterprises (SMEs) over the next two years.

    The association made this known while raising fresh concerns over Nigeria’s energy crisis, revealing that no fewer than 85 million citizens still live without electricity. 

    Speaking during Day 2 of the 2025 Renewable Energy Conference, themed “Stronger Together: Advancing Energy Access Through Policy, Finance, and Inclusion,” REAN President Ayo Ademilua said the gathering aims to spotlight the current state of the renewable energy sector and deepen engagement with policymakers and investors.

    Ademilua said the initiative, implemented in partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), is designed to ease the energy burdens facing small businesses across the country.

    He noted that a recent REAN survey of 1,026 MSMEs in Lagos and Abuja showed that over 90% of women-led enterprises suffered adverse effects from the 2023 fuel subsidy removal, stressing that SMEs contribute about 48% of Nigeria’s GDP.

    READ ALSO: Stakeholders urge fed govt to reform correctional centres

    According to him: “Nigeria is at a critical point in its energy development. With over 85 million citizens still without reliable electricity, the call for sustainable, affordable, and scalable energy solutions has become more urgent than ever. Today, REAN stands firmly committed to advancing the policies, partnerships, and innovations that will shape a cleaner and more inclusive energy future for our nation.”

    He described the 2025 conference as a defining platform that brings together policymakers, financiers, manufacturers, academia, civil society and energy users to explore pathways for unlocking finance, strengthening policy, and deepening inclusion across the renewable energy value chain.

    Ademilua highlighted several of REAN’s ongoing advocacy efforts, including a major milestone achieved through its partnership with Heinrich Böll Stiftung (HBS), which led to the development of a Policy Brief on Naira-Based Concessionary Loans for Renewable Energy Projects.

    He explained: “This policy proposal calls for single-digit interest loans, long-term local currency facilities, and improved risk-sharing frameworks that make clean energy more affordable for developers, SMEs, and especially women-led businesses.”

    He said REAN is pushing for accessible financing options, improved tariff structures, and sustainable business models to strengthen mini-grid viability, particularly in rural and underserved communities.

    The REAN President added that building local capacity remains a central priority, emphasizing ongoing efforts to equip Nigeria’s workforce with the relevant technical skills needed in the rapidly expanding renewable energy sector.

    Addressing issues around a possible solar importation ban, he said: “REAN is leading efforts to promote local manufacturing capability, reduce dependency on imports, attract investment, and ensure that any policy measures enable, rather than hinder, industry growth. Strengthening local content is crucial for job creation and long-term energy security.”

    Ademilua also reaffirmed REAN’s commitment to supporting SMEs through targeted financing and technical support, adding that the association is partnering with SMEDAN to deploy clean energy solutions in 1,000 SMEs nationwide through its network of developers and SMEDAN’s Common Facility Centres (CFCs).

    He further disclosed the association’s REAN Safe Solar Campaign, which promotes technical competence, safety, and best practices among renewable energy installers to ensure consumer protection and sector-wide standardization.

    He said the 2025 conference features policy dialogues, technical sessions, research presentations and exhibitions from innovators advancing mini-grid expansion, financing models for MSMEs, local manufacturing opportunities, and inclusive energy access.

    “As an association, we believe Nigeria’s renewable energy transition is not just a technical challenge, it is a collaborative mission,” Ademilua said.

    Meanwhile, Chairman/CEO of IRS Green Energy Limited, Alhaji Rabiu Isyaku Rabiu, disclosed that the company has successfully produced electric motorcycles for the Nigeria Police Force to support security operations. He added that it has also manufactured similar motorcycles for the Federal Road Safety Commission (FRSC) to help reduce road crashes.

    Rabiu said the company is also rolling out affordable electric motorcycles and solar-powered tricycles for public use to cushion the effects of fuel subsidy removal.

    Similarly, the President of the Electric Mobility Promoters Association of Nigeria (EMPAN), Engr. Dapo Adesina, urged Nigerians to adopt electric vehicles, describing them as more economical compared to fuel-powered alternatives.

  • Osun lawmaker expands technical education scholarship to 420 new students

    Osun lawmaker expands technical education scholarship to 420 new students

    The Chairman of the House Committee on Foreign Affairs and member representing Obokun/Oriade Federal Constituency, Busayo Oluwole Oke (BOO) has expanded his technical education scholarship scheme with the enrolment of 420 new beneficiaries across Osun State’s nine Government Technical Colleges.

    The latest intake deepens the five-year-old programme, which began as a pilot initiative at the Ijebu-Jesa Government Technical College before its statewide rollout two years ago.

     Speaking with news men on the programme over the weekend, the Lawmaker, stated that the new beneficiaries included mostly Year 1 students, alongside Year 2 intakes in eight colleges and students from Year 1 to Year 3 at the Ijebu-Jesa centre.

    He explained that with this addition, the total number of students sponsored under the scheme has risen to about 1,500 — a remarkable figure for a programme run solely from the lawmaker’s personal resources. Oke is said to commit roughly ₦15 million per term, amounting to about ₦40 million per academic session, as the scholarship covers school fees, enrolment charges, lesson fees and related expenses.

    The lawmaker’s long-running advocacy for stronger investment in vocational education also aligned with the Federal Government’s recent decision to introduce free tuition in all Federal Technical Colleges nationwide.

    Oke described the scholarship as a deliberate response to Nigeria’s widening skills gap, rising youth unemployment and the growing need for hands-on, innovation-driven competencies. Over the years, graduates of the programme have progressed to higher institutions or established small enterprises funded by the skills they acquired.

    According to him, “Technical and vocational education remains one of the most reliable pathways to empowering young people,” Oke said in a statement. “By equipping them with practical abilities and creativity-driven training, we are not only reducing unemployment but also building a new generation of self-reliant Nigerians.”

    At the various technical colleges in Osun, administrators say the impact of the scheme is already visible, with increased enrolment and graduation rates attributed partly to Oke’s intervention.

    As the latest beneficiaries begin their academic journey, Oke urged students across the state to take advantage of the opportunity, describing the investment as a commitment to building “a better, brighter and more empowered generation.”

    Stakeholders said that the initiative had become a model for community-driven support in technical and vocational training, with some state actors and private individuals studying its structure for possible replication. 

  • PRNigeria publisher presents study on AI’s role in crisis communication

    PRNigeria publisher presents study on AI’s role in crisis communication

    The publisher of PRNigeria, Yushau A. Shuaib, has unveiled key findings from his latest research on Artificial Intelligence (AI) in crisis communication at the National Crisis Communication Symposium organised by the Centre for Crisis Communication (CCC) in Abuja.

    The study—endorsed by the CCC and supported by the National Information Technology Development Agency (NITDA)—reveals a rapidly growing, though uneven, adoption of AI tools across Nigeria’s security, emergency response, and public communication sectors.

    Drawing from a survey of 182 crisis communication professionals and interviews with five senior experts, Shuaib revealed that 75.8% of them are familiar with AI applications; 54.9% confirmed their organisations already deploy AI tools during emergencies. The respondents include personnel in security agencies, emergency services, and public and private institutions.

    Findings showed that AI tools are used for public information dissemination (50%), social media monitoring (40.7%), emergency coordination (31.3%), early warning systems (25.3%), and risk assessment (24.7%). ChatGPT is the most applied platform at 75.3%, followed by Meta AI and Google Gemini. Professionals also turn to AI for brainstorming, drafting press releases, summarising reports, and producing social media content.

    Shuaib stated that while AI enhances message clarity, confirmed by 80% of respondents, trust in AI-generated alerts remains fragile. “Over 51% of the respondents still trust human updates more than AI alerts,” he said. Nevertheless, 63.2% believe AI already outperforms traditional communication methods in high-pressure emergencies.

    The study highlights improvements in crisis response times: 65.9% acknowledge faster communication, and 58.8% praise the 24/7 availability of AI-powered systems. Overall satisfaction with AI responsiveness reached 80.2%, with clarity of messaging identified as the most valued benefit. The entire research will be formally unveiled at the 2026 National Spokespersons Awards in Abuja.

    Shuaib, however, observed AI usage in Nigeria remains largely tactical rather than strategic, saying adoption is skewed toward content creation and monitoring, while predictive analytics and early risk detection are underutilised. He added that digital literacy, affordability, and infrastructure deficiencies continue to hinder equitable access; 33.5% of respondents identified accessibility challenges.

    The researcher noted that although AI is reshaping crisis communication, especially in public messaging and real-time monitoring, its full potential has not been realised. “The future clearly points toward deeper AI integration,” Shuaib said. “But success will depend on enhanced training, stronger digital infrastructure, and a well-balanced synergy between AI systems and human expertise.”

    In his keynote address, Director General of NITDA, Kashifu Inuwa Abdullahi, called for an AI-driven task force to counter misinformation during crises and elections. He warned that while technology itself is neutral, its misuse can trigger economic shocks, polarise societies, and enable the spread of harmful content.

    Inuwa also emphasised the need for regulation of big tech, accountability of digital platforms, and the establishment of independent crisis management centres aligned with local realities. He cited Nigeria’s ongoing efforts, including the Nigerian Data Protection Commission and the proposed Online Harm Protection Bill.

    Minister of Information Mohammed Idris Malagi, represented by Voice of Nigeria Director General Jibrin Ndace, described the symposium as timely, given the growing influence of social media and AI. He urged ethical use of digital tools to promote peace and unity, expressing hope that the conference would become an annual event.

    CCC Chairman, Maj. Gen. Chris Olukolade (Rtd.), underscored the strategic value of crisis communication, which he called a national security asset. He stressed the need for technology-driven solutions to strengthen early warning, verified information dissemination, and inter-agency coordination.

    Other speakers included Dr. Omoniyi Ibietan, Secretary General, African Public Relations Association; Musikilu Mojeed, Editor-in-Chief of Premium Times; ACC Abdullahi Maiwada, Nigeria Customs Service spokesperson; and a representative of Nigeria Data Protection Commission CEO, Dr. Vincent Olatunji.

    The symposium brought together key stakeholders from security institutions, communication experts, academics, emergency managers, media professionals, and civil society advocates, demonstrating a shared commitment to strengthening Nigeria’s crisis communication architecture.

  • Pantami, Ndace mentor young communicators on artificial intelligence, professionalism

    Pantami, Ndace mentor young communicators on artificial intelligence, professionalism

    Participants of the PRNigeria Young Communication Fellowship have concluded high-level institutional tours, featuring intensive mentorship sessions with former Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim Pantami, and the Director-General of the Voice of Nigeria (VON), Jibrin Baba Ndace.

    The engagements in Abuja focused on media ethics, professionalism, artificial intelligence, national security, and the future of communication practice, strengthening the Fellowship’s reputation as one of Nigeria’s foremost platforms for young media talents. The tours were led by Dahiru Lawal, PRNigeria Centre’s Head of Special Projects, and Zekeri Laruba, the Fellowship Coordinator.

    Receiving the cohort, Pantami underscored the importance of structured mentorship, describing it as the fastest route for young professionals to acquire wisdom that ordinarily takes decades to gather. He noted that no successful person is self-made, stressing that individuals grow faster when guided by those who have walked the path before them.

    Pantami, who outlined the qualities in today’s media practice, including curiosity, objectivity, accuracy, fairness, integrity, and strong research skills, cautioned against compromising ethical standards for favours, financial rewards or political influence. Acknowledging AI as a helpful verification tool, he insists the technology cannot replace primary data gathering, ethical judgment, or intuition.

    The professor of cybersecurity encouraged the fellows to continuously upskill, reskill, and cross-skill, adding that modern communicators must be multidisciplinary to remain competitive. He believes Nigeria’s security challenges can be tackled more effectively through technology-driven intelligence and professional conduct within security agencies.

    In his mentorship session, VON DG Jibrin Ndace urged the fellows to take their professional paths seriously and appreciate the access and influence that journalism and public relations provide. Warning against misinformation, he advised them to deepen their knowledge about the country and avoid sharing unverified content as media credibility depends on accuracy, restraint, and responsibility.

    Ndace emphasised the importance of human relationships, social intelligence, and self-development, adding that mentorship opens doors to opportunities, recommendations, and even mercy in critical moments. He commended Image Merchants Promotion Limited (IMPR) for its commitment to grooming young communication professionals, describing them as a representation of the nation’s potential.

    During the enlightening visit, the fellows toured several Voice of Nigeria facilities, including the newsroom, digital media department, and control room, gaining a firsthand understanding of global broadcasting operations.

    The PRNigeria Young Communication Fellowship is a career-building programme for graduates aged 20 to 30 who are passionate about journalism, public relations, and digital communication. Organised by the IMPR, publishers of PRNigeria and other titles, the fellowship runs across Abuja, Kano, and Ilorin.

    It focuses on strategic communication, public relations, journalism, fact-checking, social media management, and the application of AI in modern journalism. The programme blends lectures, workshops with industry leaders, hands-on training, and media excursions to provide a comprehensive and practical learning experience.

  • PadHer named among world’s 100 most impactful education solutions

    PadHer named among world’s 100 most impactful education solutions

    In a major milestone for African-led innovation, PadHer — the menstrual health education initiative founded in Nigeria by social entrepreneur Chika Nwaogu — has been named one of the world’s 100 most impactful and scalable innovations in education by HundrED for the third time.

    This achievement places PadHer among a very select group of innovations globally to earn the recognition multiple times, and the only innovation originating from Nigeria to be honoured this many times by the international education non-profit.

    HundrED’s annual Global Collection highlights breakthrough solutions transforming education systems around the world, and PadHer’s consistent appearance on the list underscores the strength, sustainability, and growing impact of its work across Africa.

    PadHer recently secured $140,000 in funding to reach 3,500 schoolgirls in Ghana with comprehensive menstrual health education, comic-based learning, and access to reusable sanitary products.

    In the first phase of the project, PadHer — in partnership with Girls Club Ghana and with the instrumental support of EJY Foundation — has already reached 1,750 girls in the Volta Region of Ghana, delivering fun, stigma-free menstrual health workshops and equipping girls with the knowledge and tools they need to manage their periods with dignity.

    This marks the successful completion of half of PadHer’s Ghana target.

    With the Volta phase completed, PadHer is now preparing to move into the Ahafo and Eastern Regions of Ghana to impact the remaining 1,750 girls, completing its goal of reaching 3,500 girls under this project.

    This strategic shift was made to better align with the funder’s commitment to supporting enabling environments in cocoa-growing communities, where many girls still face deep-rooted stigma and limited access to menstrual health education and products.

    PadHer will continue collaborating with Girls Club Ghana, leveraging their strong networks and experience in Ghana, and work with a new implementation partner in the Ahafo Region to deepen community reach and engagement.

    The new partner will be formally announced ahead of the next round of workshops starting in January.

    Founded by Chika Nwaogu, PadHer uses comic books, animations, and digital games to teach menstrual health, puberty, and SRHR in a fun, relatable, and stigma-free way. The initiative has already empowered over 100,000 girls across Africa, helping them stay in school, build confidence, and challenge harmful myths around menstruation.

    Reflecting on PadHer’s third recognition by HundrED, Nwaogu said: “This honour is a powerful reminder that African innovations can lead global change. Every girl we reach is a girl who doesn’t have to skip school or question her worth because of her period.”

    PadHer’s Director of Operations & Partnerships, Thelma Teetee Ahamba, highlighted the importance of strong local partners: “Our impact in Ghana is possible because we work hand-in-hand with trusted grassroots organisations. From Volta to Ahafo and Eastern, our comic-based curriculum, combined with the passion of partners like Girls Club Ghana and EJY Foundation, ensures that the lessons don’t end when the workshops do.”

    Beyond its three-time recognition by HundrED as one of the world’s most impactful and scalable education innovations, PadHer has also been listed on the EduEvidence Global EdTech Evidence List, positioning it among the most trusted and evidence-aligned education solutions worldwide.

    With new funding, expanded partnerships, and a growing footprint in Ghana, PadHer continues to dismantle menstrual taboos, restore girls’ confidence, and keep more African girls learning and thriving.

  • RSA enrolment nears 11 million

    RSA enrolment nears 11 million

    • Pension coverage remains low amid Nigeria’s expanding workforce

    Nigeria’s Contributory Pension Scheme (CPS) has recorded a total of 10,928,039 Retirement Savings Account (RSA) holders in September 2025, rising from 10,882,661 in August.

    This was shown in the latest summary report from the National Pension Commission (PenCom) and obtained by The Nation.

    The figure marks a steady increase in pension enrolment, further establishing the CPS as Nigeria’s most reliable long-term savings and retirement plan.

    Despite the growth, penetration remains significantly low, especially when compared to Nigeria’s estimated 70 million-strong workforce.

    This means less than 16 per cent of Nigerian workers are currently covered under the formal pension system.

    Experts said this figure reflects the challenges in onboarding the informal sector and enforcing compliance among small and medium enterprises (SMEs).

    READ ALSO; ‘How alleged terrorists’ negotiator, Mamu got N50million for his efforts,’ DSS official tells court 

    “We’ve made some progress, but clearly, a large portion of the labour force remains outside the pension net,”said.

    A Lagos-based pension analyst, Mr. Ladi Balogun said the Micro Pension Plan needs stronger incentives and more grassroots engagement to drive inclusion.

    The Micro Pension Scheme, introduced in 2019 to include artisans, traders, and other informal workers, has yet to achieve the scale necessary to significantly move the needle, he stated.

    Another CEO of TrustPension Ltd, Aisha Sule said they must go beyond awareness and adopt mobile and tech-driven platforms to reach Nigeria’s informal sector, where the real numbers lie.

    She noted that digital integration, ease of contribution, and trust will be key.

    The Director-general, PenCom, Mrs. Omolola Oloworaran has also reiterated its commitment to strengthening enforcement and encouraging voluntary contributions to boost overall pension assets and retirement income security.

    Speaking on improving contributor numbers and broadening worker coverage under the Scheme, she emphasised that the CPS must evolve beyond a narrowly formal‑sector focus

    “The success of this national reform rests on its implementation in every state, local government, and across the informal sector.

    “We will continue to enforce employer compliance. Every naira deducted must be remitted. Every contribution must be properly accounted for. Every worker must be assured their future is secure.

    “Our strategic inclusion through the Personal Pension Plan and informal‑sector access will continue. It is part of our expansion initiatives targeting self‑employed and informal workers, and nationwide sensitisation programmes across all six geopolitical zones”, she posited. 

  • IEI announces leadership transition

    IEI announces leadership transition

    International Energy Insurance Plc has announced the stepping down of Mr. Olasupo Sogelola from his role as Managing Director and Chief Executive Officer. The resignation took effect from November.

    In a statement in Lagos, the company stated that under Mr. Sogelola’s stewardship, IEI recorded significant achievements that underscored its turnaround story and renewed strength.

    According to the company, his tenure marked a remarkable chapter in the company’s history, defined by growth, resilience, and strategic progress.

    In his stead, the Board of IEI Plc has appointed Dr. Joyce Odiachi as Acting Managing Director, pending the appointment of a substantive Managing Director/CEO, the company disclosed.

    The statement read: “Dr. Joyce Odiachi is a multi-talented professional with proven expertise in strategic business process transformation.  She brings over two decades of cross functional depth in risk management, compliance, technical operations, relationship management, and corporate leadership.

    READ ALSO; Shettima returns after G20, AU–EU summits

     Her career is distinguished by a consistent track record of strengthening operational frameworks, enhancing governance systems, and driving performance-led transformation within complex insurance environments. Renowned for her strategic clarity and technical sophistication, she has been instrumental in enabling organizational turnarounds and elevating professional standards across the industry.

    “She has served in various senior management roles within the insurance industry, bringing a wealth of expertise and strategic insight that will ensure continuity and stability during this transition period at IEI Plc

    “Notably, in the last few years, the company successfully relisted on the Nigerian Exchange (NGX), signalling restored investor confidence and compliance with market standards. The Company also achieved the full exit of the Daewoo loan, a major milestone in its financial restructuring journey, paving the way for a healthier balance sheet and sustainable operations”.

    In addition: “The company is actively preparing for its recapitalisation programme, with plans underway for an ambitious N22 billion capital raise, reinforcing its commitment to growth and market leadership. These strides have been made possible under the flagship of the Norrenberger Financial Group, IEI Plc’s parent company and major stakeholder, whose strategic support has been instrumental in driving innovation, operational efficiency, and long-term value creation.

    “IEI transformation has not gone unnoticed in the marketplace. The company has earned industry recognition through multiple awards for excellence in service delivery and corporate governance, further cementing its reputation as a trusted, forward-thinking and future ready insurer”, the company noted.

  • Leadway Pensure PFA celebrates 20 years of trust, service and innovation

    Leadway Pensure PFA celebrates 20 years of trust, service and innovation

    Leadway Pensure PFA, a Pension Fund Administrator in Nigeria is celebrating its 20 years of existence.

    This milestone, according to the company, marks two decades of trust, exceptional service delivery and value creation in its mission to protect the financial wellness of Nigerian workers.

    Speaking on this remarkable achievement, Olusakin Labeodan, MD/CEO, Leadway Pensure PFA, stated that over the last 20 years, the PFA has served thousands of customers across Nigeria and beyond, standing as a clear testament to its commitment to providing financial stability at various stages of workers’ career journeys.

    He said: “As we celebrate 20 years of Leadway Pensure PFA, this milestone is more than a celebration of longevity, it is a tribute to trust, service and innovation. From the very beginning, our mission has been very clear, to deliver a pension system without barriers. Over two decades, we have transformed this vision into reality by simplifying pension access, embracing cutting-edge technology, and ensuring our services are always within reach.

    With a presence nationwide, a robust mobile platform and the AI-powered assistant LISA, we have placed pension services within the reach of eligible Nigerians.

    READ ALSO; ‘How alleged terrorists’ negotiator, Mamu got N50million for his efforts,’ DSS official tells court 

    “We have supported countless customers in achieving life goals, from retirement to home ownership, by ensuring access, clarity and care at every step. This is a testament to the strong relationships and legacy we have built with every customer. Trust is at the heart of our service, propelling us to uphold world-class standards and earning us global certifications such as ISO/IEC 27001:2022 for information security, a mark of our unwavering commitment to safeguarding our customers’ funds,” he added.

    Looking ahead, the company is committed to promoting youth-focused financial literacy, growing personal pension plans and strengthening customer engagement across every stage of the pension journey. “The next years and beyond will be shaped by the same dedication that brought us this far, a future-forward mindset, a culture of excellence, and an unyielding promise to stand by our customers every step of the way,” Olusakin added.