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Business

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ICT

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Capital Market

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

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AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

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Insurance

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emPLE Partners Lagos State, Bastion Health for International Women’s Day “emPOWERHer” Health Drive

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SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

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AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

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Sovereign Trust Insurance Spreads Love with Fire Safety Drive

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Business

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Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

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Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

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Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

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ICT

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Capital Market

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Insurance

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

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emPLE Partners Lagos State, Bastion Health for International Women’s Day “emPOWERHer” Health Drive

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SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

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AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

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AIICO Insurance Marks Six Decades of Excellence in Grand Anniversary Celebration!

In a recent moment filled with propitiousness, fanfare, and merriment, AIICO Insurance Plc, a leading and frontline player in the underwriting business in Nigeria, commemorated its 60th anniversary.

The event seamlessly brought together management, staff members, ex-staff members, and other stakeholders to reflect on the past journey and toast to the successes and accomplishments of the company over the years.

Addressing the gathering, Mr. Babatunde Fajemirokun, the Managing Director/Chief Executive Officer of the company, attributed the staying power of the company to the continued loyalty of the customers as well as the resilience and relentless spirit of the employees.

Drawing a parallel between Nigeria and the company, both of which came into existence around the same time, Fajemirokun highlighted that both entities have weathered and survived turbulent times, demonstrating growth and resilience.

“AIICO, born in the heart of Nigeria, has been a witness and a participant in this nation’s remarkable journey. We’ve grown amidst the oil boom’s promises of the 1970s and adapted during the economic downturns of the 1980s. Our strength was tested during the periods of military rule and the struggle for democracy, yet we emerged stronger, demonstrating the same resilience that defines our nation.”

“In these six decades, AIICO has not only survived but thrived, adapting to changes, overcoming challenges, and seizing opportunities. Our growth mirrors the indomitable spirit of Nigeria – a spirit of perseverance, innovation, and a relentless pursuit of excellence,” he said.

The AIICO Insurance boss urged employees to continue to innovate, serving its community and contributing to Nigeria’s growth.

Highlights of the event included the presentation of awards to recognise and reward top performers in the organisation.

The event came alive with a pulsating performance by celebrity DJ, DJ Neptune, setting the crowd ablaze with infectious energy and beats that resonated throughout the venue, creating an unforgettable atmosphere of pure excitement. Additionally, Akpororo’s comedic brilliance illuminated the night, sparking laughter that reverberated across the event. His captivating performance seamlessly blended humor and wit, ensuring an evening of refined amusement for all attendees.

AIICO Insurance stands as a leading composite insurer in Nigeria with a record of serving customers that dates back six decades. The company provides life and health insurance, general insurance, and investment management services, dedicated to creating and protecting wealth for individuals, families, and corporate customers.

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Case Study: The Collapse of Lehman Brothers

Overview On September 15, 2008, Lehman Brothers filed for bankruptcy. With $639 billion in assets and $619 billion in debt, Lehman's bankruptcy filing was the largest in history, as its assets far surpassed those of previous bankrupt giants such as WorldCom and Enron. Lehman was the fourth-largest U.S. investment bank at the time of its collapse, with 25,000 employees worldwide. Lehman's demise also made it the largest victim, of the U.S. subprime mortgage-induced financial crisis that swept through global financial markets in 2008. Click here to make a lazy tweet

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