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Daily Economy To Unveil New Insurance Book Today

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Daily Economy Concept, the Publisher of Daily Economy, a multimedia platform, has announced plans to celebrate its second anniversary with the official launch of a landmark book titled “Trends in Nigeria’s Insurance Industry (2005–2025) & Selected Insurance Icons.”

The event is scheduled to hold today in Lagos and is expected to bring together key stakeholders from across Nigeria’s insurance and financial sectors.

The occasion will feature prominent personalities in the insurance and financial services industry. The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Mr. Olusegun Omosehin, will be the Chief Keynote Speaker and Chief Presenter of the book.

The Chairman of the Occasion is the Chairman of Prestige Insurance Brokers Limited, Prince (Dr.) Feyisayo Soyewo, while the Special Guest of Honour is the Group Managing Director/CEO of the African Reinsurance Corporation, Dr. Corneille Karekezi.

Other distinguished guests expected at the event include the President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori; Chairman of the Nigerian Insurers Association (NIA), Mr. Kunle Ahmed; and President and Chairman of the Governing Board of the Nigerian Council of Registered Insurance Brokers, Mrs. Ekeoma Ezeibe.

The book, written by Nike Popoola, a multiple award-winning journalist and Editor of Daily Economy, provides a comprehensive account of the transformation of Nigeria’s insurance industry over the past two decades. It documents major reforms, regulatory developments, recapitalisation efforts, and the contributions of notable industry leaders.

Speaking ahead of the launch, Popoola said the publication was inspired by the need to document the industry’s evolution and preserve its institutional memory.

“This book is the product of extensive research and years of covering the insurance sector. It tells the story of how the industry has evolved from a relatively underdeveloped sector into one that is increasingly relevant to Nigeria’s economy. Importantly, it highlights the people whose contributions have shaped this transformation,” she said.

Also speaking on the significance of the event, the Publisher of Daily Economy noted that the anniversary and book launch represent a major milestone for the organisation.

“As a publication committed to deepening financial literacy and industry knowledge, we are proud to present this book as a contribution to the insurance ecosystem. It is not just a celebration of our journey over the past two years, but also a platform to spotlight the growth and potential of Nigeria’s insurance industry,” the Publisher said.

The publication offers rich insights for industry professionals, policymakers, researchers, and students, while also featuring photographic documentation of key events that have shaped the industry over the last 20 years.

The event will provide a unique platform for knowledge sharing, networking, and reflection on the future of insurance in Nigeria.

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Leadway Assurance To Champion Climate Risk Solutions At Symposium In Germany

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Representatives of Leadway Assurance Company will be participating in the Africa Climate Insurance Symposium 2026, scheduled for March 31 to April 1, 2026, in Frankfurt, Germany, to advance climate risk solutions for Africa.
The symposium aims to kick off an annual cycle of such events bringing together a unique community operating in the area of Agricultural Index Insurance and therefore creating a highly specialized community of practice.
Beyond the annual event the country level experts will form clusters and with support and mobilisation of external solicitors will connect on an interim half year basis virtually to monitor and report on progress made.
During the symposium, Leadway will contribute to the panel discussion on ‘Scaling Agricultural Index Insurance for Resilient Food Systems’ – The private sector perspective and present a case study on innovative insurance models tailored for smallholder farmers. The Group will also participate in the Solution Showcase segment, where it will highlight the Leadway WeatherGuard product and share insights on collaborative initiatives that foster public-private partnerships for climate adaptation.
Themed “How Africa’s Insurers are Reshaping Climate Resilience from the Ground Up,” the symposium brings together insurance experts, development partners, and Agricultural stakeholders to explore practical, scalable responses to climate risks.
Leadway’s participation in the symposium aims to demonstrate how locally tailored made Agricultural Index insurance products have provided climate resilience for over three million Nigerian farmers, providing timely payouts in excess of N15 Billion in payouts over a five year period. This approach supports have farmer livelihoods, enables reinvestment, and underlines insurance’s role in strengthening food security and economic stability for African communities.
Speaking ahead of the event, Mr. Fatona Ayoola Paul, Leadway’s Global Head of Agricultural Risk Solutions, emphasised the urgency of strengthening Africa’s resilient frameworks through innovation, partnerships and collaboration. He explained that Leadway’s agricultural index insurance model stands out for using weather data and satellite technology to trigger automatic payouts when adverse conditions, such as drought or excessive rainfall, are recorded.
Unlike traditional indemnity insurance, this approach eliminates the need for costly, time-consuming farm assessments, enabling faster support to farmers. The insurance also offers bundled services, such as agronomic advisory services and digital enrollment, ensuring practical accessibility and greater impact for smallholder farmers.
“The demand for scaling Africa’s agricultural production is happening at interesting times when climate uncertainties and vulnerability are providing opportunities for innovation. This is where the Agricultural index insurance becomes an innovative concept that is now a practical tool transforming livelihoods across the continent. Platforms like this symposium allow us to deepen collaboration, share proven models, and accelerate impact to broaden such ingenious interventions across the continent,” he said.
The Africa Climate Insurance Symposium unites agricultural index insurance experts to build a dedicated community of practice. It drives cross-country collaboration among insurers, regulators, governments, and development partners, while encouraging international knowledge exchange. Through formal discussions and informal networking, participants will quickly share and replicate successful models to enhance regional cooperation.
The event brings together leaders and partners active in the insurance value chains such as Insuresilience Investment Funds (managed by Blue Orchard), Africa Reinsurance Corporation, Swiss Reinsurance, Continental Reinsurance, Pula Advisors, the Global Secretariat (BMZ/KFW), World Bank Global Shield Financing Facility, the Gates and Bayer Foundation among others to advance climate risk finance in Africa and continue laying the groundwork for regional replication.
With collaboration from key organisations and public-private partnerships, the symposium advances accessible, innovative insurance that bolsters African climate resilience and supports vulnerable communities. Leadway exemplifies African leadership through its actionable solutions and insights.

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Leadway Affirms Commitment To Healthcare Advancement

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Leadway Group has reaffirmed its commitment to advancing healthcare and medical education across Africa with the announcement of its support for the Association of Medical Schools in Africa Medical Education Conference 2026.
The 2026 conference themed “Increasing Capacity and Retention of the Global Health Workforce,” will convene a diverse audience of medical schools, healthcare professionals, academics, and industry stakeholders.
The event is designed to foster learning, collaboration, and innovation, while addressing critical challenges facing healthcare systems across Africa and beyond.
“At Leadway, we recognise that healthcare is fundamental to sustainable development and national prosperity,” said Managing Director, Leadway Pensure, Olusakin Labeodan, on behalf of the Leadway Group.
“Investing in platforms that strengthen medical education and support the development of a resilient health workforce is both a responsibility and a strategic imperative. Our support for the AMSA Medical Education Conference reflects our commitment to building systems that empower healthcare professionals, drive innovation, and improve outcomes across Africa.”
Also speaking on the initiative, Dr. Tokunbo Alli, Managing Director of Leadway Health, highlighted the company’s passion for progressive healthcare delivery.
“We believe that the future of healthcare in Africa depends on how well we equip, support, and retain our medical workforce. By supporting initiatives like this conference, especially the Bioethics workshop, we are contributing to the development of well-rounded professionals who are not only clinically competent but also grounded in ethical practice and global standards.”
The AMSA Medical Education Conference continues to serve as a vital platform for engagement, bringing together thought leaders and emerging professionals to exchange ideas, build networks, and shape the future of healthcare delivery on the continent.

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FG Mandates New PenCom’s Board To Protect N28tr Pension Assets

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The Federal Government has inaugurated the Governing Board of the National Pension Commission (PenCom), charging members to uphold the highest standards of corporate governance and safeguard over N28 trillion in pension assets under the Contributory Pension Scheme (CPS).
Speaking at the inauguration ceremony in Abuja on Monday, the Secretary to the Government of the Federation (SGF), Senator George Akume, said that PenCom remains a critical pillar of Nigeria’s financial sector, entrusted with the retirement savings of millions of Nigerians.
He said the event demonstrates government’s commitment to a pension system that is transparent, resilient, and trusted.
The SGF described the Board’s role as one of “national importance,” as members are expected to provide strategic direction, policy guidance, and effective oversight in line with the Pension Reform Act 2014 (PRA) and other relevant frameworks.
He drew a firm line between governance and administration, pointing out that while the Board is responsible for oversight, the Management must be allowed to handle day-to-day operations. According to him, any interference in operational matters would weaken accountability and undermine institutional effectiveness.
On the scale of responsibility before the new Board, the SGF said that the pension industry has grown significantly, with assets now exceeding N28 trillion and millions of contributors depending on the CPS for financial security in retirement.
He therefore called for zero tolerance for misconduct, urging the Board to prioritise strong internal controls, robust risk management, and transparency in decision-making.
“The actions of the Board must reinforce public confidence in the pension system and assure contributors that their savings are safe, secure, and well managed,” he said.
Reaffirming government’s commitment to the sector, the SGF said that the administration of President Bola Ahmed Tinubu remains resolute in meeting pension obligations. He noted that steps have been taken to address outstanding liabilities and restore confidence, with a focus on ensuring that retirees receive their benefits with dignity, certainty, and timeliness.
The SGF concluded by formally inaugurating the Board, expressing confidence that members would deliver exemplary leadership, disciplined governance, and sustained commitment to the Nigerian people.
Speaking on behalf of members, the Chairman of the PenCom Board, Agbaje Opeyemi Olukayode, expressed appreciation to President Bola Tinubu for finding the Board members worthy of the national assignment.
Agbaje said the new Board members are fully committed to upholding the ideals articulated by the SGF, particularly in the areas of corporate governance, integrity, strong leadership, and a clear distinction between governance and oversight.
The Chairman pledged the Board’s determination to advance the administration’s agenda by leveraging pension funds as a catalyst for national development, mainly in infrastructure, housing, and other critical sectors of the economy.
Also speaking, the Director-General of PenCom, Ms. Omolola Oloworaran, expressed appreciation to the SGF for inaugurating the Board and for providing oversight during the period the Commission operated without one. She noted that, prior to the inauguration, the SGF had offered strategic leadership with clarity and purpose, contributing to key achievements recorded since her assumption of office.
The Director-General emphasised her commitment to working collaboratively with the Board, anchored on a shared responsibility to serve the interests of Nigerians. She stressed that every decision of PenCom Board must ultimately deliver tangible benefits to contributors and retirees.
The DG further said the inauguration is timely and significant, as it strengthens governance within PenCom by restoring the Board’s oversight function. She said she looked forward to a productive and collaborative working relationship with the Board.
She reaffirmed that both Management and the Board would continue to deliver on PenCom’s mandate and expressed confidence in a strong partnership with all Board members in advancing the objectives of the pension industry.

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