Connect with us

Business

MTN Nigeria Unveils Insurance Scheme For SMEs

Published

11 years ago

on

The Acting Chief Enterprise Solutions Officer, MTN Nigeria, Mr Tsola Barrow, said that the company has unveiled an insurance scheme for the Small and Medium-Scale Enterprises (SMEs).
A statement in Lagos on Friday, signed by Mr Barrow, said that the insurance scheme, under the MTN Y’ello Biz, was being offered in collaboration with Mansard Insurance Plc.
The statement said that the scheme would protect small businesses against flood, fire and other risks.
It also said that MTN Business, the business-to-business division of MTN Nigeria, was rolling out a series of awareness campaigns in major open markets across the nation on the MTN Y’ello Biz.
“The campaigns seek to empower traders and small business owners in general with an affordable and easily accessible insurance cover, in a society where business insurance is largely seen as the preserve of big businesses and the rich.
“At MTN Business, we believe that the SMEs are the anchor of local economies and, as a critical agent for national economic development, we believe in enabling not only big businesses but also small businesses.
“We are providing them the necessary insurance protection they need, at an affordable cost, to run their businesses with peace of mind.
“This also bespeaks the vision we have of delivering a bold new digital world to our customers,” the statement said.
It added that the MTN Y’ello Biz, which can be bundled with voice, data and SMS services, was from the stable of the MTN Y’ello Cover, a suite of insurance services offered by MTN to customers on its network.
The statement said that for just N300 a week, subscribers of the service would enjoy a N1 million Mansard Insurance cover for their businesses.
“Thus, they will experience peace of mind, knowing that their goods are protected against sudden and unanticipated losses,” it said.
According to the statement, to get started, all that new customers need do is to simply text the word BIZ to 770.
It quoted Mr Yomi Onifade, Director of Retail Business, Mansard Insurance, as saying that Mansard was pleased to extend its customer-focused insurance services to the SMEs, covering some of the most frequently occurring business hazards.
“We are assured that with the MTN Y’ello Biz, SMEs too can now enjoy the confidence that comes from being under the Mansard cover,” the statement quoted Onifade as saying.

Related Topics:
Continue Reading

Business

Kenyan Runners Dominate Berlin Marathons

Published

3 days ago

on

September 22, 2025

By

Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.

Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.

The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.

Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.

“I did my best and I am happy for this performance,” said Sawe.

“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”

Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.

In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.

Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.

Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.

 

Continue Reading

Business

NIS Ends Decentralised Passport Production After 62 Years

Published

3 days ago

on

September 22, 2025

By

The Nigeria Immigration Service (NIS) has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, made the disclosure during an inspection of the Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja, last Thursday.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
According to him, the centralised production system aligns with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for improved service delivery.
Continue Reading

Business

FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year 

Published

3 days ago

on

September 22, 2025

By

The National Information Technology Development Agency (NITDA) has announced plans to roll out Digital Public Infrastructure (DPI) and the Nigerian Data Exchange (NGDX) platforms across key sectors of the economy, starting in early 2026.
Director of E-Government and Digital Economy at NITDA, Dr. Salisu Kaka, made the disclosure in Abuja during a stakeholder review session of the DPI and NGDX drafts at the Digital Public Infrastructure Live Event.
The forum, themed “Advancing Nigeria’s Digital Public Infrastructure through Standards, Data Exchange and e-Government Transformation,” brought together regulators, state governments, and private sector stakeholders to harmonise inputs for building inclusive, secure, and interoperable systems for governance and service delivery.
According to Kaka, Nigeria already has several foundational elements in place, including national identity systems and digital payment platforms.
What remains is the establishment of the data exchange framework, which he said would be finalised by the end of 2025.
“Before the end of this year and by next year we will be fully ready with the foundational element, and we start dropping the use cases across sectors,” Kaka explained.
He stressed that the federal government recognises the autonomy of states urging them to align with national standards.
“If the states can model and reflect what happens at the national level, then we can have a 360-degree view of the whole data exchange across the country and drive all-of-government processes,” he added.
Continue Reading

Trending