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  • ANCHOR International outreach ministry concludes equip mandate conference

    ANCHOR International outreach ministry concludes equip mandate conference

    Over 500 church leader and rural pastors participated in the EQUIP Mandate Conference (EMC) 2025 with the theme “Multiplication-driven leader,” on May 17, 2025, at Shepherdhill Baptist Church, Ikorodu Road, Lagos. 

    President of Anchor International Outreach Ministry, Dr Bolarinwa Omotosho, expressed gratitude to God,  partners, friends, and participants for their role in the conference’s success.

    During the event, the ministry launched the “Anchor L.E.A.D Vision 2035,” a 10-year initiative aimed at training 100,000 church leaders and pastors, equipping 10,000 missionaries, empowering 10,000 next-generation leaders, providing 10,000 theological education scholarships, offering free medical outreach to 100,000 medically underserved individuals, and training 50,000 youths on agricultural projects. 

    The ministry is committed to partnering with like-minded organizations, churches, and institutions to enhance church leaders’ capacity and serve communities effectively. 

    Notably, 85% of pastors in Nigeria lack quality theological education, making partnerships with Theological Education Institutions crucial.

    The EMC conference featured seasoned ministers of God, including Rev. Dr. Michael Abodunrin, former Chairman of Nigerian Baptist Convention; Pastor Dr. Emmanuel Oluwayemi, Chairman, Life Builder Ministries International, Lagos; Dr. Mrs. Priscillia Omotosho, Member, Board of Trustees, Anchor International Outreach Ministry, Nigeria; Professor Lanre Ajiboye, senior lecturer at Lagos State University, Ojo, and Omotosho..

    Read Also: ‘NMFB disbursed N51b to Anchor Borrowers’

    The conference included 13 breakout sessions handled by seasoned teachers and professionals, covering topics such as Women’s Mental Health and Its Benefits to Church Ministry, facilitated by Mrs. Patience Adekanye; Reaching the Next Generation: Effective strategies for teenager Ministry, facilitated by Mrs. Bukola Oyesola; Effective Church Administration: Strategies for Streamlining Processes, Combating Church Politics and Maximising Ministry Impact, facilitated by Dr. Abel Leke Ogundeji; The Shepherd’s Well-being: Prioritizing Pastors’ Health and Wellness, facilitated by Dr. Olumide Adegbokun; Reaching the Digital Generation: Effective Strategies for Digital Evangelism, facilitated by Mr. Fadipe Samuel Rotimi; Entrepreneurship: Leveraging Business for Ministry Impact; Stewarding God’s Resources: Best Practices for Church Finance and Record Keeping, facilitated by Pastor Afuwape Ebenezer; Sharing the Love of Christ with Muslims: Practical Strategies for Effective Muslim Evangelism, facilitated by Pastor Korede Olawoyin; Cross-Cultural Mission: Connecting with People Whose Culture is Different from Our Own, facilitated by Dr. Aina Joel; Raising Up Mighty Men: Equipping Men for Spiritual Leadership in the Church, facilitated by Dr. Michael Oluwaniyi; Deepening Roots: The Importance of Ongoing Theological Education for Pastors, facilitated by Dr. Michael Animashaun; Empowering the Next Generation: Strategies for Effective Youth Ministry, facilitated by Rev. Moses Ayando; and Legitimate Ways to Generate Revenue as Pastors and Pastors’ Wife, facilitated by Mrs. Okikiola Fakoya.

  • Anchor distributes free 250 free Africa Study bible to church leaders

    Anchor distributes free 250 free Africa Study bible to church leaders

    Anchor International Outreach Ministry through its training arms Anchor Leadership Academy(ALA) has distributed 250 free Africa Study Bible to church leaders in Ibadan, capital of Oyo State. 

    The church leaders, including pastors, evangelists, missionaries, Apostles and teachers were drawn from different denominations. 

    They participated in the Next Generation Leaders’ Summit in Ibadan at Molete Baptist Church organised by ALA with the theme “Transformational leadership style “ 

    President of Anchor International Outreach Ministry, Dr Bolarinwa Omotosho  launched the Oyo State Centre of the ministry in Ibadan during the leadership Conference. 

    The benefitting church leaders came from Oyo State, Ogun and Kwara States, including conference speakers like Rev. Dr. Oyekola  Bamidele, President Ibadan Baptist Conference,  who led the participants through prayers and Rev.Dr. Edward Alabi the Senior Pastor of Molete Baptist Church and Chairman, of Pastors Fellowship Ibadan Baptist Conference, Oyo State.   

    There were also Rev. Adeolu O. Akinwumi, Chaplain to the Methodist Archbishop of Ibadan; Dr. (Mrs.) Priscillia Omotosho, member BOT Anchor International Outreach Ministry; Oyo Chairman of Pentecostal Fellowship of Nigeria (PFN) Rev. Samson Ajetomobi, who was represented by Bishop Matthew Ayoola Olubusuyi, General Overseer Kingdom Life Global Christian ministries Ibadan; Apostle Ibiyemi A. Olagoke Area Secretary, The Bible Society of Nigeria Oyo Area; Rev. Adepoju Ezekiel Babatunde Moderator, Oyo East Baptist Association; Dr. Olusegun Daodu Oyo State Coordinator International Institute of Church Growth, the Centre coordinator CSP Ven. Moses Adekola and Protestant Chaplain, Oyo State Police Ibadan Command, Eleyele. 

    Read Also: Anchor distributes free 400 study bible to church leaders

    Omotosho, an expert in Next-Generation Leadership coaching, crisis management, peace studies and author of numerous books, spoke on on Raising Next-Generation Leaders. 

    He challenged the church leaders to learn how leaders raised Next-generation Leaders in the Bible. 

    Omotosho also spoke on “Ministers, Marriage and their Ministry” He said that Ephesians 5:12 declared in a straight word that husband and wife submit to one another out of reverence for Christ.  

    “I think this is a correct perspective but unfortunately, many of us as leaders and ministers in the ministry, aiming to advance God’s kingdom and multiply ministries are doing the contrary, this is disobedience to God’s word. 

    Anchor International Outreach Ministry

    “All ministers of the Gospel of the Lord Jesus must balance marriage and ministry together because balancing marriage and ministry is like walking a tightrope. Advancing kingdom work cannot be achieved in isolation of a peaceful home,” he added. 

    At the end of the conference, 250 participants received a copy of the Africa Study Bible worth $77 each, two books, 25 ministry enrichment e-books, kitbags and a certificate. 

    The participants appreciated Anchor International Outreach Ministry and their Partner Oasis International Ltd, USA. 

    “A special appreciation to the leadership of Anchor International Outreach Ministry and Oasis International USA. The lectures, Free Study Bible, and the gifts packaged are laudable. More of God and grace to impact the world the more in Jesus’ name,” said Pastor Noah Oyelade of Sinai Baptist Church, Apata ,Ibadan, Oyo State.

    “The Anchor Leadership programme  is very impactful, qualitative and kingdom-oriented. I am refreshed and charged for greater relevance in God’s vineyard. Appreciation to the Convener, all team members, and Partners, especially Oasis International Ltd USA for the gift of the African Study Bible. God bless you all,” The Rev. Adeolu O. Akinwumi, Chaplain to the Methodist Archbishop of Ibadan.

    “I, on behalf of the Bible Society of Nigeria, Oyo Area lauded Anchor International for the success of the leadership training organized in Ibadan. We equally appreciate Oasis International for the gift of the Africa Study Bible and support, it’s our prayer that God will continue to strengthen you to make more impact in His vineyard,” Apostle Ibiyemi A Olagoke Bible Society of Nigeria, Oyo Area Secretary stated. 

  • Anchor varsity don to train African data researchers

    Anchor University, Lagos (AUL), has praised one of her illustrious faculty members, Dr Olawale Awe of the Department of Mathematical Sciences, for his appointment as a “LISA 2020 Engagement Ambassador” in recognition of his contributions to LISA 2020 programme.

    The Laboratory for Interdisciplinary Statistical Analysis (LISA) is driven by the vision to, by the year 2020, build adequate statistical analysis and data science capacity in developing countries. The vision is being driven through the creation of statistics and data science collaboration laboratories at universities and institutions, training of statisticians and data scientists, provide support for research and innovation to improve statistical skills and data literacy.

    By his appointment, the statistician and data scientist, who was also the first LISA Fellow in 2013, has now been charged with the task of driving the vision of LISA 2020 across Africa.

    In the coming weeks, Awe will be visiting various institutions across the continent to train researchers and statisticians in a drive to fulfil the LISA 2020 vision.

    Awe is confident about what his new role entails.

    He said: “Having been a part of the programme for the last few years, I understand the mandate and the challenges that come with this appointment. And, as usual, I am looking forward to using the opportunity to engage researchers, train statisticians and promote data and statistical engagement and practices across Africa.”

    Before joining Anchor University, where he was instrumental to the establishment of the Anchor University Laboratory for Interdisciplinary Statistical Science and Data Analysis (AULISSDA), Awe was the coordinator and founder of Laboratory for Interdisciplinary Statistical Analysis and Collaboration (LISAC) at the Obafemi Awolowo University, Ile Ife where he was a lecturer.

  • Anchor varsity gets nod for 14 new programmes

    Seven hundred new spaces are available for admission seekers at Anchor University Lagos (AUL) thanks to the accreditation of 14 new programmes by the National Universities Commission (NUC).

    At a press conference held at the university on Tuesday, Afolayan said the institution could adequately accommodate 50 students in each of the new programmes which include Information Technology, Physics and Electronics, Banking and Finance, Computer Science, Chemistry, Geology and Applied Geophysics. Others are: Industrial Chemistry, Biotechnology, Biology, French, Mathematics and International Relations.

    Afolayan said with the new additions, AUL now has 29 accredited programmes across three faculties – Natural and Applied Sciences; Management and Social Sciences; and Humanities, housed in its Ayobo, Lagos campus, which has a capacity to accommodate 2,000 students.

    “For the 29 programmes on gorund, we have enough facilities.  Our Ayobo Campus can conveniently accommodate 2,000 students. And all our students can stay on campus.  We are expanding to our annex which is behind the second gate of this campus.  We have another campus being developed in Mowe where some of our faculties will be.  We are here (in Ayobo) on the basis of our first phase development,” he said.

    For a university that started operation February last year, Afolayan said the institution had done well for itself in the area of research, hosting international programmes, students’ achievements and collaboration with other local and international institutions.

    He said this was because AUL had set an ambitious goal of being among the top five universities in 10 years.

    The VC said: “Anchor University started operations formally on February 1, 2017 and the pioneer staff and management did not waste time to get to work.  Our vision is clear and we have a focus to become one of the top five universities in Nigeria within the first 10 years.

    “Today, less than two years since we started, our pioneer students are already in their classrooms for the third academic session.  This feat is achieved without cutting any corner or breaking any rules guiding the academic calendar of the university in Nigeria.

    “In the first few months of our inception, Anchor University presented students for professional examinations in Accounting.  Ladies and Gentlemen, it will interest you to know that we recorded about 95 per cent pass in the examination; and that was just about six months after we started.  Since then, many of our students have continued to prove themselves in external examinations.”

    Regarding international collaborations, Afolayan said AUL had hosted five programmes and signed pacts with three notable institutions.

    He said: “As at today, Anchor University has hosted no less than five international training and conferences on this campus.  We have had professors, trainers and experts from the UK, USA, Canada, Germany, Spain, Kenya and many other parts of the contry converging here for training that we believe hold great prospects for the future.

    “There have been some collaboration and Memorandum of Understanding (MOU) signed with local and international institutions.  Last year, Anchor University signed an MOU with the University of Colorador Boaulder, U.S.A; that MOU gave birth to the Anchor University Laboratory for Interdisciplinary Statistical Science and Data Analysis (AULISSDA).  As at the time the laboratory was inaugurated, it was the third in Nigeria and the seventh in the world.  About middle of this year, we signed another MOU that would promote technological research in AUL with the University of Applied Sciences, Dresden, Germany.

    “Today, there is a special Space Centre in AUL, which is devoted to promoting research and training in space and atmospheric enquiries.  The centre works in collaboration with the Indian Centre for Space Physics.  There are other ongoing discussions with reputable institutions globally to ensure AUL has access to the best facilities and supports that would pitch us with the best globally.”

    In Nigeria, the VC said AUL has a pact with the University of Lagos and was in the process of concluding one with the Federal Institute of Industrial Research Oshodi (FIIRO).

    “Locally, we are working with the University of Lagos to ensure the best system, especially on academic training and examinations, is in place.  We are also almost done with an MOU with the Federal Institute of industrial Research Oshodi (FIIRO) on students training and staff exchange in entrepreneurial skills.  Officials of the institute were here a few weeks ago to support us in a national workshop on Molecular Biology,” he said.

    Apart from ensuring facilities and requisite manpower are in place, Afolayan said the university placed great premium on character development for both staff and students.  He said this was achieved through regular meetings several days of the week during which members of the university community are exposed to biblical truths capable of improving their lives.

    “AUL is a faith-based university.  In AUL we want to scrutinise all our stakeholders that they have in-built potentials and we do that during our weekly interactions.  On Monday we have indepth bible sessions – all students and staff are brought together to be built on the knowledge that sets free,” he said.

    Afolayan thanked, Pastor Williams Folorunso Kumuyi, founder of Deeper Life Bible Church, which owns the university, for his support to the institution since its inception.

    He said admission into the university which currently has 300 students  was still open.

  • Anchor gets NAICOM’s approval on 2017 accounts

    ANCHOR Insurance Company Limited has announced the approval of the organisation’s audited financial statement for the year ended 31st December, 2017 by the National Insurance Commission (NAICOM) as submitted.

    Its Managing Director Mr. Ebose Augustine, in a statement stated that  NAICOM approved the account having complied with its regulatory requirements.

    He said the company’s financial statement was approved as submitted without any query from the regulatory body, noting: “This outcome was a fallout of the company’s culture of getting things right the first time.”

    Ebose disclosed part of the highlights of the accounts to include N2.22 billion gross premium written as against N2.05 billion written during the corresponding period of 2016, an indication of eight per cent growth over the earlier result.

    He said that the total assets of the company during the period was N6.24 billion and shareholders’ fund was N5.07 billion, with its solvency margin standing at N5.12 billion.

    He noted that the company paid a total claim of N540.3 million to its affected genuine policyholders during the period of 2017 as against the N268.2 million in 2016, stating that it demonstrates our strength to accommodate any volume of genuine claims reported.”

    He explained that with the trend of results being achieved by the company in the year, the management was hopeful of delivering a much better bottom line to the owners of the company at the end of the year.

  • We have policy against job loss, says Anchor

    We have policy against job loss, says Anchor

    Job loss in recent time has become a major risk for employees and this has resulted to their fear of the unknown, thereby reducing their productivity.

    But employees can now heave a sigh of relief, allay frustration and still able to meet their financial responsibilities should the job, eventually go as Anchor Insurance has developed a product called Anchor Loss of Employment Income Insurance Scheme.

    This policy will pay pre-determined income for a given period to any policyholder who loses his/her job, having paid the required premium while payment of premium has been structured  monthly, quarterly, bi-annual and yearly for convenience; hence employee can choose which one is suitable according to his disposable income.

    Any employee on this scheme who suffers job loss  will be indemnified for 24 months. This will enable the employee meet his financial obligations while actively searching for another job. Being the first insurance company to bring the product to Nigeria, our objective, among others, is to help the economy reduce the social ills and criminalities in our society which result from the job losses, the firm said, noting: “An idle hand is the devil’s workshop”.

    On the part of the employee, the product will help to protect financial loss, prevent frustration and psychological breakdown and among many other things, regains employee decency after job loss.

    The company has encouraged employee to take up this policy without delay as it is the only surest safety net, shock absorber that can cushion for the harsh effect of a sudden loss of job.

    Anchor Insurance remains focused to its vision: “To be the most innovative and preferred General Business Insurance Provider in Nigeria”.

    Living this vision was consolidated with the launch of its innovative retail product “Anchor Loss of Employment Income Scheme (AnchorLoEIS’’. AnchorLoEIS is the newest and latest solution to protect employment income, a safety net, shock absorber or cushion for the harsh effect of a sudden loss of job.

    One of the products displayed during the Awareness Campaign was the Auto Easy Policy, which is the company’s brand name of the Compulsory third Party Motor Insurance Policy.

    There are lots of fake insurance certificates being generated by touts and this is to the ignorance of the policy holders who falls prey, hence the campaign was meant to sensitise the public on how they can get genuine insurance policy and authenticate their certificate of insurance.

    This authentication is provided for on the platform of the Nigeria Insurance Industry database (NIID) of the Nigeria Insurance Association (NIA). To check the genuineness of your Vehicle Insurance certificate, go to www.askniid.org.

    Other products displayed ares Anchor Fire Insurance Protection Policy, Occupiers Liability Insurance, Professional Liability Insurance, Public and Product Liability Insurance, Personal Accident Insurance and a few others.

    The company was established and licensed in October 1989 and started operations in November of the same year. It was established by the Government of Akwa Ibom State in the South of Nigeria as a state-owned Insurance Company underwriting General Business (Non-Life) and Special Risks classes of Insurance with its registered office at 7/13 Aka Road, Uyo, Akwa Ibom State.

    The company attained the status of a composite insurance company in 1992 when it added life/pension class of insurance to its business portfolio. The regulatory body for insurance business in Nigeria; National InsuranceCommission (NAICOM) re-registered Anchor Insurance Company Limited in the status of a composite insurance company under the Registration Number RIC-072 in 1998.

    In 2007, the share capital of the company increased to N3 billion in line with regulatory directives. Following the regulatory-induced recapitalisation and consolidation, the shareholders fund of the company was raised to over N3 billion, which placed the company, among the recapitalised insurance companies in Nigeria.

    As at December 2016, the shareholders fund of the company stands at over N4.7 billion from the approved 2016 annual report and financial statement. The Management is made of a crop of seasoned and professional insurance practitioners with diverse experience in reinsurance, underwriting, banking and finance, loss adjusting, accounting, marketing, legal and auditing expert; this has seen the company grows in leaps and bounds.

    A vibrant Non-Life insurance underwriting firm with the total Assets of over N5.7 billion, Anchor Insurance has been fulfilling its obligations to its numerous clients through prompt settlement of claims. Between 2014 and 2017, the company paid over N1.8 billion in settlement of claims across different insurance policies ranging from fire, motor vehicle, oil & gas, Aviation to flood damage, theft, group personal accident, defaults on performance bonds and motor accidents.

  • Anchor Insurance gets acting managing director

    Anchor Insurance Limited has announced the appointment of Nsimah Jeremiah as the Acting Managing Director/ Chief Executive Officer with effect from December 15, 2017.

    A statement by Head, Brand and Corporate Communications, Jamiu Osoba said the appointment is in line with the company’s approved succession plan.

    He stated that the appointment also follows the retirement of the former Managing Director of the company, Mayowa Adeduro who served for the maximum of 10 years and in compliance with the code of corporate governance directives of the National Insurance Commission (NAICOM).

    He said: “Prior to the appointment of Jeremiah as the Acting Managing Director, he was the Executive Director; Technical of the company. He holds a Masters Degree in Business Administration from Ambrose Alli University and a Postgraduate Diploma (PGD) from the Nigeria Institute of Journalism, Lagos.

    “Nsimah Jeremiah is also a Fellow of the Chartered Insurance Institute of Nigeria (FCIIN), Fellow of the Institute of Credit Administration and Associate Member of Nigeria Institute of Management (Chartered). He started his Insurance career with Manilla Insurance Company Limited in Calabar, Cross River State and later joined Nigeria Reinsurance Corporation in 1990; and worked in various technical departments for over 17 years including management of WAICA Reinsurance Pool.

    “While in Nigeria Reinsurance Corporation, he was extensively exposed to the rudiments of global Insurance and Reinsurance practice including Africa, Asia and Middle East.

    Mr. Jeremiah has presented several papers and he is a resource person for the development of Insurance professionals in Nigeria”, he added.

     

  • Anchor declares dividends on 2016 accounts

    Shareholders of Anchor Insurance Company Limited have  approved a dividend payment of N3.6kobo per share in its financial year 2016.

    The shareholders approved the payment at the company’s 27th annual general meeting (AGM)  at the Le Meridian Ibom Hotel and Golf Resort in Uyo, the Akwa Ibom State capital.

    Chairman of the company, Dr. Elijah Akpan, stated that despite the  harsh economic situation  in the global and domestic environments, the company recorded growth in some key indices in the year ended December 31, 2016.

    He said the dividend payout is an indication of 12 per cent growth.

    He said the company experienced 11 per cent growth in profit after tax margin from N205 million in 2015 to N228 million in the year ended December 2016.

    He stressed that the growth was mainly attributable to improved efficiency in operations of the company and introduction of unique and acceptable insurance products backed with cutting-edge innovative technology.

    He said: “Its investment and other incomes grew by 16 per cent from N182 million in 2015 to N212 million in 2016. This is as a result of shrew investment operations and decisions. The company incurred claims of over N371 million while the underwriting result at the end of the year amounted to N1.013billion compared to approximated N965 million earned during the year ended December 2015 which amounted to 5.04 per cent in 2016.

    “The company total asset increased in 2016 by 6.5 per cent with an approximated total of 5.8billion compared to N5.4billion recorded in 2015 while its shareholders fund grew from N4.5 billion in 2015 to N4.7 billion in the year 2016 thus showing a 5.03 per cent growth in shareholders fund”.

    Akpan further stated  that the company is implementing her plans to improve her capital base through available instruments in the market  with introduction of improved insurance products, Retail and Micro Insurance, Property Investment and Leasing.

    The firm’s Managing Director, Adeduro Mayowa, added that the company is poised to develop and introduce more innovative insurance products following the launch of AnchorLoEIS into the insurance market with the aim of making the company the trailblazer while setting standard for others to follow in respect to non-generic insurance products.

  • Anchor collaborates with University of Colorado

    Anchor University is set to launch a laboratory in collaboration with the University of Colorado as part of the drive to make the University a powerhouse in mathematical science, statistical analysis and data science.

    The centre, which will be named AU Laboratory for Interdisciplinary Statistical Science and Data Analysis (AULISSDA), is slated to be inaugurated tomorrow.

    During the inauguration, a lecture titled The Extraordinary Potential of Data Science and Statistical Collaboration will also be delivered by Prof Eric Vance, a Prof of Applied Mathematics and Director of the Laboratory for Interdisciplinary Statistical Analysis (LISA) at the University of Colorado.

    According to the speaker, statistics and data science are crucial to advancing research and promoting economic activities.

    In his words: “…through collaborations with statisticians, the extraordinary power of statistics can transform data into impactful research conclusions, improved business practices, and empirically based policy decisions.”

    The Vice Chancellor, Prof Joseph O. Afolayan, speaking on the initiative, said Anchor University will always welcome collaboration and partnership that are designed to promote scholarly activities.

    “We have a huge vision to run with as a University and this initiative has come as one of the tools that will help us in achieving that vision. We want AUL to be a hub of scientific research in no distance time,” he said.

  • Anchor unveils loss of employment scheme for staff

    Anchor unveils loss of employment scheme for staff

    Anchor Insurance Company Limited has launched the Anchor Loss of Employment Insurance Scheme to protect employees at Lagos Sheraton Hotel, Ikeja.

    Its Chairman, Dr. Elijah Akpan, said the product is aimed at providing  financial bulwark for those who lose their jobs.

    He said: “We have an opportunity and a responsibility to innovate and create an insurance scheme to protect employees’ employment income and in doing so to provide a measure of financial stability to millions of Nigerians who may be laid off in the most difficult economic time.  This is an opportunity and our responsibility as an organisation to provide peace of mind to families who may be left in the ditch without a job and nowhere else to turn to.”

    Chairperson of the occasion, Mrs. Nike Akande, praised the cover, adding that the Chamber had always supported the sector to promote best practices.

    Mrs Akande, who is President, Lagos Chamber of Commerce and Industry, said: “Anchor Loss of Employment Insurance Scheme is a welcome development as it seeks to protect employees from unforeseen circumstances, especially as it relates to job losses. This initiative is commendable and will go a long way to provide succor and wide cover for employees that are vulnerable and also stabilise the economic wellbeing of employees and indeed the country. It is a noble contribution to the economy of the country.”

    She enjoined reporters to ensure that the product was given adequate publicity.

    Senior Lecturer, Actuarial Science and Insurance, University of Lagos, Dr. Adebayo Obalola, said insurance cover was essential for everyone.

    He pointed out most people seek compensation for what their insurance does not cover, advising that the  public should understand the conditions of their insurance policy.

    The Managing Director of the company, Mayowa Adeduro, assured that the company would continue to introduce more unique products, like AnchorLoEIS.