Business

Kunle Ahmed Celebrates 55 Years of NIA, Honours Past Leaders

Published

5 months ago

May 1, 2026

Preport

The Chairman of the Nigerian Insurers Association (NIA), Kunle Ahmed, has paid tribute to past leaders of the association, describing their contributions as the foundation of the industry’s growth over the past 55 years.

Ahmed made this known in his welcome address at the 2026 NIA Awards and Recognition Ceremony held on Thursday, April 30, 2026, where key stakeholders across Nigeria’s insurance sector gathered to celebrate excellence and service.

The event was attended by the Commissioner for Insurance, veteran industry figures, heads of key insurance-related bodies, chief executive officers of insurance firms, members of the NIA Governing Council, and other distinguished guests.

Welcoming participants, Ahmed expressed delight at the presence of former leaders of the association, noting that the ceremony also served as an opportunity to reflect on the organisation’s long-standing journey and achievements.

He commended past chairmen and council members for their selfless service, highlighting that their leadership came without financial reward but laid a solid groundwork for the association’s continued progress.

According to him, their decisions during challenging periods helped preserve professionalism, integrity, and stability within the industry, thereby strengthening confidence in the Nigerian insurance sector.

Ahmed disclosed that he had continued to seek guidance from some of the association’s past leaders since assuming office, adding that their counsel had influenced key decisions and reinforced his respect for their service.

He also revealed that the Governing Council had approved a proposal to institutionalise the recognition of former leaders, making it a recurring feature of the association’s programmes at intervals yet to be determined.

Reaffirming the association’s role as the unified voice of the insurance industry, Ahmed noted that the NIA has, over the decades, driven professionalism, innovation, and collaboration among stakeholders while contributing to national development.

While acknowledging progress made in the sector, he said there was still room for improvement, stressing the need for continued unity, resilience, and strategic vision to advance the industry further.

He further encouraged past leaders to document their experiences in published works, noting that such records would serve as valuable references for future decision-making and extend their influence beyond the insurance sector.

Ahmed concluded by welcoming guests to the ceremony, describing the event as a celebration of excellence, service, and legacy, while urging stakeholders to build on the foundation laid by industry pioneers.

The ceremony feature 56 awardees including the Commissioner for insurance,National Insurance Commission, NAICOM, Mr. Olusegun Ayo Omosehin.

Related Topics:Honours Past Leaders Kunle Ahmed Celebrates 55 Years of NIA

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FG Continues NEMSAS Rollout, Strengthens Emergency Care and Hospital Infrastructure in Bauchi

Published

8 hours ago

September 21, 2026

Preport

The Federal Government has continued the nationwide rollout of the National Emergency Medical Services and Ambulance System (NEMSAS) with the deployment of new ambulances to selected health facilities in Bauchi State, alongside the unveiling of a Compressed Natural Gas (CNG) facility at the Abubakar Tafawa Balewa University Teaching Hospital (ATBUTH).

The interventions, unveiled by the Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, are part of the implementation of the Renewed Hope Agenda of President Bola Ahmed Tinubu, through the Nigeria Health Sector Renewal Investment Initiative (NHSRII), particularly Pillar 4, which focuses on improving the health security of the nation.

The NEMSAS ambulances will strengthen emergency referrals across selected facilities, including Toro General Hospital, Gamawa Hospital, Federal Medical Centre, Misau, ATBUTH and the Fistula Centre in Ningi. The Bauchi deployment builds on the Federal Government’s continuing rollout of NEMSAS across the country, following recent deployments in Plateau and Ogun States.

Speaking at the event, Prof. Pate said timely access to emergency care is essential to saving lives, particularly in communities where distance and inadequate referral capacity can delay life-saving care. He urged beneficiary institutions to ensure the ambulances are properly utilised, maintained and integrated into referral pathways.

The Minister also highlighted the Federal Government’s broader investments in Bauchi’s health system, including the ongoing expansion of ATBUTH, the Federal Medical Centre in Misau, the North-East Vesicovaginal Fistula Centre in Ningi and the revitalisation of more than 100 primary healthcare centres through federal-state collaboration. Earlier in 2026, the Federal Government deployed approximately ₦10 billion worth of medical equipment, medicines, ambulances and maternity kits to health facilities across the state.

At ATBUTH, the newly unveiled CNG facility, aimed at improving the efficiency and sustainability of energy use within the hospital, forms part of efforts to strengthen the infrastructure that supports hospital operations. The ongoing expansion of the teaching hospital is expected to increase capacity for tertiary and specialised services. The Federal Government is also investing in advanced diagnostics and cancer care to bring specialised services closer to citizens and reduce the need for patients to travel outside the state for essential care.

Prof. Pate said the investments demonstrate the administration’s focus on translating policy commitments into practical improvements in the health system. He added that the Federal Government would continue to work with the Bauchi State Government, health institutions and other stakeholders to ensure that investments in emergency care, infrastructure and specialised services translate into improved access and better health outcomes for the people of Bauchi State.

The Federal Ministry of Health and Social Welfare remains committed to its mandate to save lives, reduce both physical and financial pain, and produce health for all Nigerians.

The post FG Continues NEMSAS Rollout, Strengthens Emergency Care and Hospital Infrastructure in Bauchi appeared first on Business Today NG.

Business

Nascon, Coronation, Jaiz Bank top stock pick this week

Published

16 hours ago

September 21, 2026

Preport

Nigerian stocks advanced by 2.9 per cent last week, lifted by bank and oil & gas equities. All the sector indexes appreciated during the week.

The main equity index has yielded 60.5 per cent so far this year.

“Recent broad-based declines have, however, brought several frontline and mid-cap stocks to more attractive entry levels. This could encourage some bargain-hunting during the week,” analysts at Meristem Securities said in a note ahead of the week.

PREMIUM TIMES has assembled some stocks with sound fundamentals, adopting rigorous approaches to save you the risk of picking equities at random for investment.

The pick, a product of an analytical market watch, offers a guide to entering the market and taking strategic positions, with the expectation that selected stocks will record reasonable price appreciation with the passage of time.

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions.

Nascon

Nascon tops this week’s list for its strong fundamentals. The net profit ratio (NPR) of the salt maker is 9.3, while the price-to-earnings (PE) ratio is 11.5x. Its 14-day relative strength index (RSI) is 6.9.

Coronation Insurance

Coronation appears on the pick on the basis of its attractive fundamentals. The NPR of the insurer is 22.7, while the PE ratio is 5.2x. The 14-day RSI is 55.4.