The conference, themed “Increasing Capacity and Retention of the Global Health Workforce,” will bring together medical institutions, healthcare professionals, academics, and industry stakeholders to address critical challenges, foster collaboration, and drive innovation in healthcare delivery across the continent.

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. About AMSA

The Association of Medical Schools in Africa (AMSA), conceived in 1961 at the University of Ibadan and formally inaugurated in Kampala in 1963, serves as Africa’s leading voice in medical education. Revitalized by the WHO and African Union, AMSA drives collaborations to address Africa’s evolving health challenges.

About Leadway

Leadway is one of Nigeria’s foremost non-banking financial and wellbeing conglomerates, providing a comprehensive range of solutions across life and general insurance, health management, hospitality, and other financial services. Established in 1970 and headquartered in Lagos, Leadway has built a distinguished legacy spanning over five decades, defined by resilience, innovation, and customer-focused excellence. The Group remains dedicated to advancing sustainable growth, fostering community empowerment, and strengthening development of healthcare in Africa.

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The significant payout highlights the insurer’s focus on timely claims settlement as a key driver of confidence in Nigeria’s insurance industry.

The leading player in Nigeria’s insurance industry, noted that the total amount disbursed, ₦2,328,265,311.83 was paid under the General (Non-Life) insurance portfolio, while ₦1,968,325,081.02 covered Life businesses, including Group Life and Retail Life policies.

Beyond the figures, the significance of claims payment lies in its real-life impact, particularly in helping individuals recover from loss and enabling businesses to maintain continuity in the face of disruption.

For one beneficiary, a business owner in the construction sector, a recent claim settlement proved critical during a challenging period:

“We encountered an unexpected loss on one of our project sites that could have significantly disrupted our timelines and increased costs. However, the prompt settlement we received from Mutual Benefits helped us stay on track and avoid further financial strain. It reinforced our confidence that insurance truly works when you need it most.”

Such outcomes highlight the practical value of insurance as a financial safety net in an increasingly uncertain operating environment.

In Nigeria’s insurance landscape, trust remains a key driver of adoption. Industry observers note that consistent claims settlement is one of the most effective ways to strengthen public confidence.

According to Kelvin Owok, an industry analyst: “The real test of any insurance company is not in policy sales but in claims payment. When insurers consistently meet their obligations, it sends a strong signal to the market and encourages wider participation.”

Mutual Benefits’ steady track record of claims payments continues to position it as a dependable partner for individuals, SMEs and corporate organisations.

Claims payments also play a broader economic role by injecting liquidity into businesses and households, enabling recovery and supporting financial stability.

As Nigeria’s economic landscape evolves, the role of insurance in mitigating risk and protecting investments becomes increasingly critical. By ensuring timely claims settlement, Mutual Benefits contributes to business resilience and economic continuity across sectors.

The February payout builds on the company’s consistent performance in claims settlement, reflecting operational efficiency and a strong commitment to customer satisfaction.

As Mutual Benefits continues to expand its reach and deepen engagement with customers, its focus remains clear: to provide reliable protection, deliver value at critical moments and strengthen trust in the insurance industry.

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Cornerstone Insurance Plc, one of Nigeria’s most trusted insurance providers has been named 2025 Insurance Company of the Year at the annual awards ceremony recently organised by Champion Newspapers. The prestigious recognition was announced at a well-attended ceremony held at Eko Hotels & Suites.

The award celebrates outstanding performance, innovation, and industry leadership within Nigeria’s financial services sector. Cornerstone Insurance stood out among strong contenders for its consistent commitment to customer satisfaction, digital transformation, and the delivery of innovative insurance solutions tailored to the evolving needs of individuals and businesses.

The event attracted top executives and leading organisations across various sectors of the economy, including Monie point, Heirs Energies, Access Bank, Zenith Bank, and Globus Bank, further highlighting the significance of the recognition within Nigeria’s corporate landscape.

Receiving the award on behalf of the company, the Group Managing Director of Cornerstone Insurance, Stephen Alangbo, expressed appreciation to the organisers and reaffirmed the company’s commitment to excellence and innovation in the insurance industry.

“This recognition by Champion Newspapers is a strong affirmation of the dedication, resilience, and professionalism of our entire team at Cornerstone Insurance Plc. We remain committed to building trust, delivering value, and continually improving our products and services to meet the needs of our customers and stakeholders. As the insurance landscape evolves, we will continue to invest in innovation, technology, and talent to ensure we remain a dependable partner in protecting the dreams and aspirations of Nigerians.”

The award reflects Cornerstone Insurance’s growing influence in Nigeria’s insurance sector and its sustained focus on strengthening financial protection for individuals, families, and businesses. Over the years, the company has distinguished itself through strategic investments in digital platforms, efficient claims management, and customer-centric product offerings.

Industry analysts note that recognitions such as this reinforce the company’s reputation as one of Nigeria’s leading insurers and a trusted partner in risk management.

As Cornerstone Insurance continues to expand its footprint and deepen its impact in the market, the company remains focused on delivering innovative solutions that empower customers to confidently navigate life’s uncertainties.

Cornerstone Insurance is licensed and re-certified by the National Insurance Commission (NAICOM) to provide both general and life insurance services. As the first insurance company in Nigeria to offer customers an online platform for insurance transactions, its services are driven by cutting-edge technology, making them easily accessible via the internet and mobile platforms.

At Cornerstone, we are committed to our core values of integrity, empathy, professionalism, innovation, and team spirit. Our mission remains delivering value beyond expectations through need-based products and quality service.

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The event is scheduled to hold on March 31, 2026, at the Lagos Oriental Hotel by 10:00 a.m., 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 Ayo 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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At the center of it all stood Kenny Ezewani Odogwu, a man whose nearly two decades at the helm of Royal Exchange Plc had quietly shaped one of Nigeria’s oldest financial institutions. The occasion was his retirement celebration, but the mood felt less like a farewell and more like a tribute to a legacy that would outlive the night.

Among those who gathered to honor him were towering figures in Nigeria’s public and private sectors. Former President Olusegun Obasanjo, known for his measured words, reflected on Odogwu’s steady hand during uncertain economic times. He spoke not just of balance sheets and boardrooms, but of influence—how Odogwu’s approach to governance and wealth creation rippled beyond the insurance industry into the broader national conversation.

Nearby, Lagos State Governor Babajide Sanwo-Olu leaned into a theme that resonated deeply with the city’s ambitions. He described Odogwu as a quiet architect of stability, someone whose leadership helped sustain the kind of business confidence Lagos needs to fulfill its vision as a global financial hub. In a city that never stops moving, Odogwu had ensured that at least one institution remained steady.

There was also a nod from Ibe Kachikwu who praised Odogwu’s broader contributions to the economy—bridging sectors and reinforcing the often-overlooked importance of insurance in national development.

But perhaps the most personal reflections came from within the company itself. Idu Okeahialam, the Group Managing Director, spoke with the warmth of someone who had witnessed the leadership up close. She painted a picture of a man who led not with noise, but with clarity—someone who brought calm in uncertainty and direction when it mattered most.

To her, Odogwu’s legacy was not defined by the 19 years he spent as chairman, but by the standards he set. Standards of integrity, discipline, and long-term thinking—qualities that, in today’s fast-changing financial landscape, feel increasingly rare.

As the evening unfolded, stories of his tenure blended with laughter, gratitude, and quiet admiration. There were no grand gestures needed to underscore his impact; it was evident in the respect that filled the room.

Outside, Lagos pulsed with its usual energy. Inside, however, time seemed to pause—long enough for colleagues, leaders, and friends to acknowledge a simple truth: institutions may endure, but it is people like Odogwu who give them character.

When the applause finally faded, it left behind something more lasting than sound—a shared recognition that while his chairmanship had ended, his influence would continue to guide the path ahead.

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The President of the Council, Mrs Ekeoma Ezeibe, gave the commendation when the management team of Staco Insurance Plc, led by its Acting Managing Director, Mrs Nike Nihilola, paid a courtesy visit to the Council.

Mrs Ezeibe noted that the company’s steady progress and revival efforts ahead of the recapitalisation deadline have inspired confidence in its ability to meet regulatory requirements. She also expressed optimism in the capability of the current management team to successfully steer the process.

According to her, the recapitalisation exercise is strategic for members of the Council, as insights from the process will enable brokers to better advise their clients on the status and stability of insurance companies.

In her response, Mrs Nihilola appreciated the NCRIB for its continued support and reaffirmed that Staco Insurance Plc remains firmly on track to meet its recapitalisation target.

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The signing ceremony, held on Monday, March 16, 2026, covers 5.295 billion ordinary shares of 50 kobo each, offered at ₦1.10 per share. Shareholders are entitled to two new shares for every three existing shares held.

Speaking at the event, Chairman of the Board, Temitope Borishade, described the capital raise as a critical milestone in the company’s transformation agenda. He noted that the initiative will support Guinea Insurance’s plans to scale operations, drive innovation, and deliver improved value to shareholders.

According to him, the Rights Issue underscores the company’s commitment to strengthening its capacity to provide enhanced insurance solutions across key sectors, while also improving returns for investors and service delivery for customers and brokers.

Managing Director, Ademola Abidogun, emphasized that the exercise goes beyond regulatory compliance, positioning the company for sustainable growth and long-term value creation.
He explained that the additional capital will enhance financial stability, boost underwriting capacity, and support investments in technology and operational efficiency.

Abidogun added that the funds will also enable Guinea Insurance to expand into Nigeria’s underpenetrated retail and SME insurance segments, driving growth and supporting broader financial inclusion.

In his remarks, the Group Managing Director of Anchoria Advisory Services Limited, Sam Chidoka, representing the Lead Issuing House, commended the company’s growth trajectory and encouraged shareholders to take up their rights once the offer opens. He also urged prospective investors to explore opportunities presented by traded rights.

Guinea Insurance reiterated its commitment to building a stronger, more competitive, and innovative company, while delivering sustainable value to shareholders and improved protection for customers.

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The initiative marks a significant step in the transformation of Rex Insurance into a data-led insurer, combining financial protection with real-time weather intelligence to help farmers make faster, more informed decisions.

From left: Prof. Charles Anosike, Director-General/CEO of NiMet and  Managing Director/Chief Executive of Rex Insurance Limited, Mrs. Ebelechukwu Nwachukwu.

Rex Insurance will leverage NiMet’s location-specific weather data in its Weather and Hybrid Index Insurance products to guide farmers on when to plant, how to manage their crops, and how to use farm supplies like seeds and fertilizer, while also automatically triggering payouts when extreme weather such as drought, flooding, or irregular rainfall occurs. This will help farmers plan, reduce losses, and not rely solely on compensation after damage.

“Our strategy is to redefine what insurance means for the agricultural sector,” said the Managing Director/Chief Executive of Rex Insurance Limited, Mrs. Ebelechukwu Nwachukwu. “By combining insurance with actionable weather intelligence, we are giving farmers the tools to plan, adapt, and protect their livelihoods in the face of increasing climate uncertainty.”

During the MoU signing, Prof. Charles Anosike, Director-General/CEO of NiMet, highlighted the agency’s 100-year history in weather observation and stressed that climate change increasingly threatens crops, livestock, and rural communities.

He noted that weather index insurance uses measurable weather data to trigger payouts and combined with crop calendar forecasts, helps farmers make smarter planting and harvesting decisions.

Additionally, the MD/CEO of Rex Insurance, Mrs. Ebelechukwu Nwachukwu, added that the company, founded in 1918 as Nigeria’s first insurance firm, is leveraging technology to help smallholder farmers plan more effectively, and announced that index-based insurance for farmers will soon become a reality in Nigeria.

According to Nwachukwu, “Rex Insurance will deploy the solution through its distribution network, using extension agents equipped with mobile devices to deliver both insurance coverage and weather guidance directly to farming communities, ensuring that farmers in remote areas can access these services despite historical challenges with rural insurance penetration”

She further added that “the introduction of weather-driven insurance will help farmers manage risks and protect their livelihoods as the agricultural sector in Nigeria remains highly exposed to climate variations, with increasing frequency of extreme weather events impacting yields, rural incomes, and food security” she stated.

Rex Insurance and NiMet will pilot the integrated solution under the GIZ–EU-funded VACE Programme, with a focus on demonstrating impact and accelerating nationwide adoption. The EU-VACE TARED (Agriculture Value Chain Facility – Transformative Agricultural Systems for Rural Economic Development) project is an initiative funded by the European Union

and the German Federal Ministry for Economic Cooperation and Development (BMZ) to transform Nigeria’s agricultural sector. This is Implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) in partnership with Nigerian government.

With this move, Rex Insurance reinforces its position at the forefront of agricultural insurance innovation in Nigeria, aligning technology, data, and partnerships to close the protection gap for underserved farmers.

About Rex Insurance Limited (Rex)

Rex Insurance Limited (Rex) is licensed by the National Insurance Commission (NAICOM) to offer the full range of general and special risks insurance products to the insuring public. With decades of experience in the Nigerian market, Rex Insurance has an enviable reputation for technical competence and financial strength.

With a vision of being the “Preferred Nigerian Insurance Company”, our strategic direction within the next 5 years is to focus on growth and profitability with the aim of growing the company’s gross premium written and be amongst the Top-Top-Tier general insurance companies in the market.

Operating from twelve (12) business locations nationwide to ensure maximum outreach and accessibility, we have an unwavering dedication to our core values of Resilience, Efficiency, eXellence, Integrity & Teamwork (REXIT).

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King Charles will host President Tinubu and his wife at Windsor Castle from Wednesday, March 18, to Thursday, March 19.

The state visit is the first by a Nigerian leader in 37 years. President Tinubu is also the first Nigerian leader to be hosted by the British monarch at Windsor Castle.

Nigeria and the United Kingdom share a deep history of ties and a special bond. The purpose of this visit is to strengthen bilateral relations and explore avenues for collaboration on issues such as immigration, trade, investment, and cultural exchange.

While at Windsor Castle, Their Majesties will invite the President and the First Lady to view a special exhibition of items from the Royal Collection related to Nigeria. Later, the King and the President will hold private discussions and meet with organisations engaged in interfaith dialogue, both nationally and internationally.

The Royal Family will host a State Banquet in honour of the Nigerian guests in the evening.

President Tinubu will also hold a bilateral meeting with Prime Minister Keir Starmer at 10 Downing Street, which will lead to expanded bilateral engagement between senior officials of the two countries. The meeting will culminate in the signing of various Memoranda of Understanding and agreements, including those on trade, investment, defence, and cultural cooperation.

President Tinubu will witness the signing of the landmark £746 million financing deal between the UK Export Finance (UKEF) and the Nigerian Ports Authority (NPA) and Federal Ministry of Finance to support the refurbishment of two of Nigeria’s major national maritime infrastructure – the Lagos Port Complex (Apapa Quays) and the Tin Can Island Port Complex.

The President will be the guest of honour at the Nigerian Modernism exhibition, showcasing modern arts and culture, and will also attend a reception with Nigerian and British business leaders and the diaspora community.

Members of the President’s entourage include: Senate President, Godswill Akpabio; Attorney General and Minister of Justice, Prince Lateef Fagbemi SAN; Minister of Solid Minerals, Dele Alake; Minister of Information and National Orientation, Idris Mohammed, Minister of State for Foreign Affairs, Ambassador Bianca Ojukwu; Minister of Finance and Coordinating Minister of the Economy, Wale Edun; and Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole.

Others are: Minister of Culture and Creative Economy, Hannatu Musawa; Minister of Communications and Digital Economy, Bosun Tijani; Minister of Defence, General Christopher Musa (rtd); National Security Adviser, Malam Nuhu Ribadu; and Director-General of the National Intelligence Agency, Ambassador Mohammed Mohammed.

President Tinubu will return to the country at the conclusion of the State Visit.

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The initiative was designed to inspire and empower young girls to recognise their potential, build confidence, and pursue their aspirations with determination.

The Group operates through several subsidiaries, including Consolidated Hallmark Insurance Limited, CHI Life Assurance Limited, Hallmark Health Services Limited, and Hallmark Finance Company Limited, all of which contribute to its commitment to social impact and community development.

The event brought together female students, teachers, and representatives of the Consolidated Hallmark Group in an engaging session that blended mentorship, learning, and fun activities.

The programme featured motivational presentations, interactive games, and moments for students to share their impressions of classmates, teachers, and the school leadership, creating an atmosphere of laughter, reflection, and encouragement.

Speaking during the outreach, Mary Adeyanju, Managing Director/Chief Executive Officer of Consolidated Hallmark Insurance Limited, encouraged the students to see themselves as future leaders and changemakers.

“Today, as we celebrate International Women’s Day, I look beyond the classroom and see a generation of future leaders, doctors, engineers, entrepreneurs, scientists, and innovators.

The opportunities before you exist because courageous women before us challenged limitations and opened doors for others. Now, it is your turn to dream boldly, work hard, and shape the future of our nation. The next chapter of women’s leadership will be written by girls like you,” she said.

Also addressing the students, Ejiro Efekoha-Momoh, Group Head of Underwriting at Consolidated Hallmark Insurance Limited, shared her personal journey and encouraged the girls to remain confident in the pursuit of their goals.

“Growing up, I had moments of doubt and often wondered what the future held for me. But I learned that having doubts is part of the journey. What truly matters is believing in yourself, staying committed to your goals, and using your voice with confidence. Every day gives you a chance to make a difference, and no dream is too big for a girl who believes in her potential,” she noted.

As part of the celebration, the company presented several gifts to the students to commemorate the occasion. In a special moment of recognition, she also presented a cash gift of ₦50,000.00 to the Head Girl, Ogundepo Sofiat Ayomide, in appreciation of her leadership and academic dedication as confirmed by all the students.

In Abuja, the women of Holding company led by Tejiri Aghware, Marketing Head, Wuse, Abuja extended the International Women’s Day outreach to Redeemer School in Ketti Village, FCT, Abuja.

During the visit, the team engaged the students in a meaningful conversation on the importance of education for the girl child, encouraging them to remain focused on their studies and aspirations.

To support their learning journey, the team donated exercise books and textbooks, while also providing financial assistance to help cover the school fees of some of the students.

Nana Firdausi, Marketer, Consolidated Hallmark Holdings Plc, said: “Every girl deserves the opportunity to learn, grow, and dream beyond her immediate environment. Our visit was not only about giving books or financial support, but about reminding these young girls that education can open doors to possibilities they may not yet imagine.”

The outreach reflects its continued commitment to empowering communities, supporting education, and investing in the development of young people who will shape the future of society. Through initiatives like this, the Group continues to demonstrate that giving back creates lasting value for individuals and communities alike.

About Consolidated Hallmark Holdings Plc

Consolidated Hallmark Holdings Plc is a non-operating holding company focused on managing a portfolio of strategic investments across Nigeria’s financial services sector.

Listed on the trading floor of the Nigerian Exchange Group in November 2023, the Group provides insurance, life assurance, healthcare, and financial solutions through its subsidiaries. 

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