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NEM Insurance Backs Women with ₦250,000 Grants in ‘She Means Business’ Initiative

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From left: Ifunanya Iwuagwu, Company Secretary, Mojisola Teluwo (General Manager, Corporate Services), a winner of 2025 ‘She Means Business’ contest, Miracle Nneoma Njoku, Semowo Idowu ( Executive Director (Finance & Investment), Moyosola Okeremi (Deputy General Manager, Marketing)

BY NKECHI NAECHE-ESEZOBOR—NEM Insurance Plc has reaffirmed its commitment to women empowerment and grassroots economic development with the launch of the third edition of its flagship initiative, She Means Business.

Through the programme, the leading general business underwriter will award ₦250,000 each to three outstanding female entrepreneurs, providing critical financial support to help them expand and strengthen their businesses.

 

L-R, Ifunanya Iwuagwu, Company Secretary, Mojisola Teluwo (General Manager, Corporate Services) a winner of 2025 ‘She Means Business’ contest, Ismail Toheebat Eniola represented by her mother; Semowo Idowu ( Executive Director, Finance & Investment), Moyosola Okeremi ( Deputy General Manager, Marketing)

The initiative underscores the company’s broader mission of promoting entrepreneurship, deepening financial inclusion, and investing meaningfully in the communities it serves.

Speaking on the initiative, General Manager, Corporate Services NEM Insurance Plc Mrs. Mojisola Teluwo, said the entry window opened on February 16, 2026, and is scheduled to close on February 28, 2026, whilst  urging interested participants to adhere strictly to the contest timeline.

According to her the move is part of the underwriter’s commitment to promoting entrepreneurship and deepening financial inclusion among women in the country. 

She submitted that the three outstanding female entrepreneurs will be selected to receive a cash grant of ₦250,000 each to scale their business operations.

She noted that the contest is a strategic response to the need for grassroots economic empowerment.

“At NEM Insurance, our mission extends beyond providing world-class insurance products; we are deeply invested in the growth of the communities we serve. The ‘She Means Business’ contest, now in its third phase, is our practical way of ‘inspiring inclusion.

“We recognize the pivotal role women play in the economy, and we are proud to provide this ₦250,000 financial catalyst to help three visionary women turn their business aspirations into reality,” she stated.

In a bid to foster creativity and digital engagement, the insurer has outlined a seamless entry process for prospective participants:

Participants are to create a 1-minute video articulating specific actions to accelerate your business.

 Upload the video on personal handles and tag @neminsuranceplc.

They are to follow NEM Insurance on all social media platforms (Facebook, Instagram, and Twitter @neminsuranceplc) and like, share, and Tag 5 friends to the post.

They are to use #NEMSheMeanBusiness3.0 for tracking and validation.

Industry observers believe that such initiatives by NEM Insurance continue to enhance the corporate image of the insurance sector, shifting the narrative toward proactive social investment and the development of the Small and Medium-sized Enterprises (SMEs) segment in Nigeria.

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