Business

Mutual Benefits Assurance Reaffirms Commitment to Workforce Wellbeing with “Sweat It Out!” Event

Published

3 months ago

July 21, 2026

Mutual Benefits Assurance Plc in partnership with Hallmark Health Services Limited (Hallmark HMO), has reaffirmed its commitment to employee wellbeing by hosting the Retail Aerobic Dance & Wellness Day 2026, a vibrant initiative designed to promote healthy living, preventive healthcare and workplace wellness among its Retail Team.

Held under the theme “Sweat It Out!”, the event brought together Retail Managers across Mutual Benefits for an engaging day of fitness, health education and preventive medical screening.

The programme featured an enlightening health talk on Cardiovascular Health delivered by medical professionals from Hallmark HMO, alongside complimentary health screenings, including blood pressure and other vital health checks. Participants also took part in an energetic aerobic dance session aimed at encouraging active lifestyles while fostering teamwork, camaraderie, and employee engagement.

Speaking at the event, Alexander Lawal, Chief Retail Officer, Mutual Benefits Assurance Plc, emphasised that employee wellbeing remains fundamental to the company’s long-term success.

“Our people are our greatest asset. As an organisation that exists to provide security and peace of mind to millions of Nigerians, we recognise that this responsibility begins with caring for our own employees. The Retail Aerobic Dance & Wellness Day reflects our commitment to creating a workplace where our people are healthy, motivated, resilient and equipped to deliver exceptional service to our customers.”

Lawal added that promoting healthy lifestyles among employees contributes to higher productivity, stronger collaboration and a culture of excellence across the organisation.

Also speaking on the significance of the event, Dr. (Mrs.) Dotun Adeogun, Chief Executive Officer of Hallmark HMO, noted that preventive healthcare and daily healthy habits are essential for avoiding lifestyle-related illnesses like heart disease. Mutual Benefits is commended for leading by example in prioritizing employee well-being and building a healthier workplace culture.

The event concluded with an exciting aerobic fitness session, interactive wellness activities and prize presentations, reinforcing the message that healthy employees are happier, more engaged and better positioned to drive organisational success.

The Retail Aerobic Dance & Wellness Day forms part of Mutual Benefits’ broader employee engagement and wellness initiatives aimed at fostering a high-performing workforce, while encouraging healthier lifestyles across the organisation.

Mutual Benefits Assurance Plc is one of Nigeria’s leading insurance companies, with over 30 years of experience in providing reliable and innovative Life and General Insurance solutions to individuals, families and businesses. With a customer-centric approach built on trust, reliability and service excellence, the company remains committed to protecting lives, preserving assets and creating lasting value for its stakeholders through accessible insurance solutions and responsible corporate citizenship.

The post Mutual Benefits Assurance Reaffirms Commitment to Workforce Wellbeing with “Sweat It Out!” Event appeared first on Business Today NG.

Related Topics:Assurance Benefits Commitment Event Mutual Reaffirms Sweat wellbeing workforce

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Nigeria’s inflation eases to 14.63% in September

Published

2 hours ago

October 15, 2026

PlateauReports

Nigeria’s headline inflation rate edged down to 14.63 per cent in September, from 15.39 per cent a month earlier, official data from the National Bureau of Statistics showed on Thursday, as the pace of increase in price levels continues to slow in Africa’s most populous country.

The development extends the downward trend in annual consumer inflation recorded in recent months, with inflation dropping marginally to 15.39 per cent in August from 15.43 per cent in July.

Food inflation stood at 19.59 per cent year-on-year in September, slightly higher than the 19.57 per cent recorded in August, but lower than the 20.16 per cent reported in September 2025.

Food accounts for a substantial share of household expenditure, particularly among lower-income households.

Core inflation, which excludes volatile items like agricultural produce and energy prices, stood at 12.95 per cent year-on-year in September, down from 13.29 per cent in August and 22.11 per cent in September 2025.

The annual figure indicates a continued slowdown in price increases outside the more volatile food and energy components.

The divergence between the annual and monthly figures suggests that, although underlying inflation has moderated considerably over the past year, some price pressures persisted during September.

Despite the slowdown in inflationary pressures, Nigeria continues to face a cost-of-living crisis, principally on account of elevated food prices and energy costs, which have hammered the disposable income of many households.

The drop in living standards has been fuelled by tough economic reforms introduced by the current administration, including the removal of fuel subsidies, devaluation of the naira and a prolonged hawkish monetary policy stance.

The statistics office’s data also reflected differences between inflation in urban and rural areas.

READ ALSO: CBN restates single-digit inflation target as FG woos investors with tax credits

Urban inflation stood at 15.64 per cent year-on-year in September, down from 20.63 per cent in the corresponding month of 2025. Rural inflation was lower at 12.46 per cent year-on-year, compared with 21.06 per cent in September 2025.

What the figures mean

The September data point to a further slowdown in Nigeria’s inflation rate, with annual headline inflation falling for another month.

A fall in annual inflation means that prices are rising more slowly than they did over the corresponding period a year earlier. A negative monthly rate, such as the September food inflation figure, means that average prices in the measured basket declined compared with the previous month.

With annual food inflation still at 19.59 per cent, the September figures show that the pace of food price increases has moderated over the past year, while the average cost of food remains higher than it was a year ago.

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Business

Verify Approved Devices Before Buying, NCC Urges Nigerians

Published

10 hours ago

October 15, 2026

PlateauReports

The Nigerian Communications Commission (NCC), apex regular in the communications industry, has called on consumers to confirm that SIM-enabled devices are Type Approved before paying for them.

Speaking recently in Abuja, Engr. Edoyemi Ogoh, Director, Technical Standards and Network Integrity, during a press briefing, on the Commission’s implementation of enhanced Type Approval Compliance.

“When buying a phone, tablet, modem, POS terminal or any device that uses a SIM,” consumers should ask the seller whether it is NCC Type Approved, he said.

He explained that the framework enables electronic verification of the Type Approval status of SIM-enabled devices. It is meant to help identify non-compliant, cloned or fake devices and stop them from connecting to Nigerian networks. Devices already in stock are being onboarded, and future imports will be verified and authenticated.

Under Section 132(2) of the Nigerian Communications Act 2003, service providers, facilities providers, equipment manufacturers and suppliers must obtain Type Approval before equipment is sold or used in Nigeria.

On privacy, Ogoh said the framework is not a surveillance tool. It holds only device identification information, such as IMEI numbers, for regulatory purposes. It gives the Commission no access to the content of communications, photographs, messages, contacts, financial information or other personal data on users’ devices.

He said the Commission developed the approach after the August 2024 Type Approval Business Rules, through consultations with original equipment manufacturers, importers, dealers, service providers, government agencies and industry associations. It continues to work with the Nigeria Customs Service and market associations, and will intensify public awareness activities.

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