Connect with us

News

IGI’s Historic Comeback: Accelerating Strategic Plan

Published

on

The Industrial and General Insurance (IGI) is set to reclaim its leadership position as Coopvest Limited acquired a substantial 40.7% interest, positioning the company to accelerate its 5-year strategic plan.
A historic Annual General Meeting for the acquisition will be held on March 1.
IGI’s Managing Director, Akinlolu Akinyele, in a statement signed by the company’s Head of Brand and Corporate Communications, Olufunmilayo Afolabi, said the private placement had succeeded in injecting capital into the business, thereby opening growth opportunities to the business and its numerous customers.
According to the statement, the strong relationship with the Cooperative Federation of Nigeria and its over 20 million members would also boost IGI’s transition and ecosystem. The new management, it said, has over 20 years of experience working across Africa in energy and life insurance, and is supported by a strong board, one of whom is Tajudeen Ayeola, the CFN President.
He said, ‘’ We’re regulated by the National Insurance Commission and the Security and Exchange Commission. We were very mindful of all guidelines and processes, which we followed to the letter.
“We’re on top of the legal actions challenging the Annual General Meeting and acquisition of 40.7% shares by Coopvest Limited. Due process was carried out on this new step because IGI respects the government and regulatory guidelines. Fortunately, the court has nullified the order of interlocutory injunction restraining us from holding our AGM because the petitioners failed to satisfy all requirements.
“At the Annual General Meeting of December 8, 2022, shareholders approved the conversation for IGI and Coopvest. The management team followed through the process, registrars were appointed, and due notifications were sent to shareholders for approval and offering of pre-emptive rights.
“What is left is ratification of approval. Once that is done, the entire process is completed.”
On current claims of customers and the future of IGI, the Managing Director stated that the ongoing payment would be extended to all, stressing that internal processes and technology are being improved to measure up to contemporary standards.
“The future is very bright for IGI. For customers, it means a good time ahead. I want to assure customers that all claims will be completed. Some are due and those payments are ongoing. We have been receiving commendations from customers who received payment last month.
“Internal processes and technology are being improved to measure up to contemporary standards, making it more comfortable for customers to reach us, buy our products, and process claims faster from the comfort of their homes and offices,” Akinyele assured.
Incorporated as a Private Limited Liability Company in 1991, IGI thereafter re-registered as a Public Limited Liability Company in 2007. The company started as a composite insurer to transact the business of Life and General Insurance, including Pensions and Special Risks. It subsequently established a reputation for exceptional competence and became the preferred insurer for individual and corporate clients.

Advert

News

Kano Unveils Digital Multimedia Department, PR Directors’ Forum

Published

on

 

The Kano State Government has launched a Digital Multimedia Department under the Ministry of Information and Internal Affairs as part of efforts to modernize government communication, improve transparency, and strengthen public engagement through digital platforms.

The Commissioner for Information and Internal Affairs, Comrade Ibrahim Abdullahi Waiya, announced the development during an unveiling and inauguration ceremony held on Monday at the Ministry’s headquarters within the Audu Bako Secretariat in Kano.

Speaking at the event, Waiya described the establishment of the Department as a significant institutional reform designed to bridge communication gaps between the government and citizens in an era increasingly driven by digital technology.

He explained that the creation of the Department followed extensive consultations and institutional assessments, which identified the need for a dedicated structure capable of effectively documenting government programmes, publicizing achievements, disseminating policies, and countering misinformation through credible and timely communication.

According to the Commissioner, modern governance requires a robust digital communication infrastructure to ensure that government information reaches citizens efficiently and accurately.

“The Digital Multimedia Department represents our response to the growing demand for modern, efficient and professional government communication. It will ensure that the voice of government remains visible, accessible and authoritative across all communication platforms,” Waiya stated.

Advert

He noted that the Department would function as the central hub for content creation, digital engagement, online publishing, documentation of government activities, and strategic media management across the state.

Waiya further commended Governor Abba Kabir Yusuf for approving the establishment of the Department, describing the move as a reflection of the administration’s commitment to responsive governance and effective public communication under its Kano First Agenda.

The event also featured the inauguration of the Forum of Directors of Public Enlightenment and Public Relations Officers, bringing together communication heads from Ministries, Departments and Agencies (MDAs) across the state.

The Commissioner said the Forum was established to enhance coordination among communication officers, encourage professional collaboration, facilitate information sharing, and ensure strategic alignment in the dissemination of government policies and programmes.

As part of efforts to support the newly inaugurated Forum, Waiya announced a donation of N1 million to strengthen its operations and enable it to effectively carry out its mandate.

In separate goodwill messages, communication experts and media stakeholders applauded the initiative, describing it as a timely intervention that would strengthen the state’s information management system and improve public access to government activities.

Among those who spoke at the event were Professor Nura Ibrahim, Associate Professor Hassan Alhaji Ya’u, Dr. Saminu Umar Rigiyar Zaki of the Faculty of Communication at Bayero University Kano, Chairman of the Heads of Media Organizations Forum, Ado Sa’idu Warawa, Vice Chairman of the Nigeria Union of Journalists (NUJ), Mustapha Gambo, and the Chairman of the Forum of Directors of Public Enlightenment and Public Relations Officers.

The speakers commended both the Commissioner and the Kano State Government for establishing the Digital Multimedia Department, noting that the initiative would significantly enhance the state’s digital communication strategy, improve information dissemination, and foster stronger engagement between government institutions and the public.

The launch marks a major step in Kano State’s efforts to adapt to evolving communication trends and leverage digital technology to promote transparency, accountability, and citizen participation in governance

The Kano State Ministry of Information and Internal Affairs Director of Special Duties Sani Abba Yola signed the statement

Continue Reading

News

Troops Rescue Wife of Former Defence Spokesman

Published

on

 

Troops of the Nigerian Army, supported by the Nigerian Air Force, have successfully rescued Mrs. Amina Abubakar, wife of the late Major General Rabe Abubakar, a former Director of Defence Information, following her abduction by bandits in Katsina State.

According to military authorities, the rescue was achieved after weeks of intensive search-and-rescue operations conducted by troops of Operation FASAN YAMMA across bandit-infested areas of the state.

In a statement issued on Monday, the Director of Defence Information, Major General Samaila Uba, said troops intensified offensive operations against criminal elements, placing sustained pressure on the bandits and restricting their freedom of movement.

He disclosed that troops made contact with the kidnappers at Tunga Village during one of the operations, leading to the successful recovery of Mrs. Abubakar.

“During sustained offensive operations and pressure mounted on the criminal elements, troops made contact with the bandits at Tunga Village, leading to the successful recovery of Mrs. Abubakar,” the statement said.

Advert

The military revealed that during the encounter, the fleeing bandits shot Mrs. Abubakar before abandoning her as troops closed in on their location.

“In the course of the encounter, the bandits shot Mrs. Abubakar before abandoning her and fleeing due to the overwhelming pressure from advancing troops,” Major General Uba stated.

Following her rescue, Mrs. Abubakar was immediately evacuated to a military medical facility, where she is currently receiving treatment.

Military authorities said she is responding positively to medical care and that the Armed Forces of Nigeria are providing all necessary support to ensure her full recovery.

“The leadership of the Armed Forces of Nigeria remains committed to ensuring her full recovery and is providing all necessary support to her family during this difficult period,” the statement added.

The military also reaffirmed its commitment to pursuing those responsible for the abduction and other acts of terrorism and banditry across the country.

According to the Defence Headquarters, troops of Operation FASAN YAMMA will continue ongoing operations aimed at tracking down and neutralising the perpetrators, while intensifying efforts to restore security in affected communities.

The rescue operation is being viewed as another significant breakthrough in the ongoing military campaign against banditry and terrorism in the North-West region, particularly in Katsina State, where security forces have sustained pressure on criminal groups in recent months.

The Armed Forces assured Nigerians of their determination to rid not only Katsina State but the entire country of terrorist and criminal elements threatening national security.

 

Continue Reading

News

Kano Govt Declares Tuesday as Public Holiday to mark the New Islamic Year

Published

on

Kano Map

 

The Kano State Government has declared Tuesday , June 16, 2026, as a public holiday to mark the beginning of the Islamic New Year, 1448

Governor Abba Kabir Yusuf congratulated the Muslim faithfuls on witnessing the New Year, which begins with the month of Muharram, the first month of the Islamic lunar calendar.

Advert

The Governor called on the people of the state and the Muslim Ummah to reflect on their actions over the past year and to use the occasion to offer special prayers for peace, unity and prosperity for the state and the country at large.

He also reassured the people of the state of his administration’s commitment to improving their living standards through dedicated and people-oriented governance.

Signed:
Comrade Ibrahim Abdullahi Waiya
Honourable Commissioner for Information and Internal Affairs
15th June, 2026

Continue Reading

Trending