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Bizwatch Nigeria’s Insurance Webinar Holds March 31

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By Aduragbemi Omiyale

One of the leading business platforms in the country, BizWatch Nigeria, will hold its first webinar series themed Building Financial Resilience with Insurance Solutions Amid COVID-19 on Wednesday, March 31, 2021.

A statement issued by the organisation disclosed that the insurance webinar will be headlined by the founding CEO of Finterate Projects, a business-fitness consultancy firm, Ekerete Ola Gam-Ikon.

Mr Gam-Ikon, who is also the co-founder of Smart Coach Global Nigeria Limited, a progressive community of seasoned business coaches and brave entrepreneurs, will deliver the keynote address.

At the event, participants will get answers and insights to questions such as How can small business owners benefit from insurance packages? In a highly religious space like Nigeria, what can be done in tandem with faith to grow insurance subscription? Are there any lessons to be drawn from the COVID-19/#EndSARS saga? How effective has NAICOM been in harnessing and projecting the insurance sector?

With the COVID-19 disruption, households and small businesses need to make efforts to transfer their risks to protect themselves from uncertainties through insurance.

The Nigerian insurance industry is a massive industry covering various issues from fire to auto accidents, death, oil and gas leakages, and so on.

The sector also provides insurance plans that cover households and SMEs-the backbone of the Nigerian economy.

The webinar is expected to attract stakeholders from both the private and the public sectors, including the National Insurance Commission (NAICOM), insurance experts from the various governing bodies of Insurance, Insurance firms, insurance research institutes, policymakers, regulators and the Federal Government of Nigeria.

Some of the panellists expected to feature in the webinar include Bankole Banjo who is the Brand, Media and Communications Manager for Africa Alliance, and Olumide Ibidapo the Managing Director/CEO of First Bank Nigeria (FBN) Insurance.

The Managing Editor of BizWatch Nigeria, Mr David Oputah, said the motivation for the webinar series is to make it a part of the company’s contribution to society and starting with the insurance industry is geared at promoting financial flexibility, provision of insurance solutions and engage insurance experts on the way forward for the sector.

Mr Oputah also added that the webinar seeks to strengthen the insurance sector, provide solutions and pave the way for subsequent webinars which would feature other industrial sectors in Nigeria and contribute to society on a great level.

Partnering with BizWatch Nigeria on this webinar are MediaCraft Associates, First Bank Nigeria (FBN) Insurance and Leadway Assurance Company Limited.

The webinar is free but there are limited slots available on a first-come basis. Participants are to register via https://bit.ly/3qzv2iE.

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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EFCC Re-Arraigns ex-AGF Malami, Wife, Son Over Alleged Money Laundering

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By Adedapo Adesanya

The Economic and Financial Crimes Commission (EFCC) has re-arraigned former Attorney-General of the Federation (AGF), Mr Abubakar Malami (SAN), his wife, Mrs Asabe Bashir, and son, Mr Abdulaziz Malami, on money laundering charges.

They were brought before Justice Joyce Abdulmalik of the Federal High Court in Abuja, following the re-assignment of the case to the new trial judge.

Upon resumed hearing, EFCC’s lawyer, Mr Jibrin Okutepa (SAN), informed the court that the matter was scheduled for defendants’ re-arraignment.

“The matter is coming before your lordship this morning for the very first time. I will be applying for the plea of the defendants to be taken,” he said.

Mr Okutepa equally applied that the sums listed in Counts 11 and 12 be corrected to read N325 million instead of N325 billion for Count 11, and N120 million instead of N120 billion for Count 12.

When it was not opposed by the defence lawyer, Mr Joseph Daudu (SAN), Justice Abdulmalik granted the oral application by Mr Okutepa.

The defendants, however, pleaded not guilty to the 16 counts preferred against them by the anti-graft agency bordering on money laundering.

Justice Obiora Egwuatu had, on February 12, withdrawn from the case shortly after the civil case filed by the EFCC was brought to him.

The case was formerly before Justice Emeka Nwite, who sat as a vacation judge during the Christmas/New Year break.

After the vacation period, the CJ reassigned the cases to Justice Egwuatu, who had now recused himself, before it was reassigned to Justice Abdulmalik.

The former AGF, his wife, and son were earlier arraigned before Justice Nwite on December 30, 2025.

While Malami and his son were remanded at Kuje Correctional Centre, Asabe was remanded at Suleja Correctional Centre before they were admitted to N500 million bail each, on January 7, with two sureties each in the like sum.

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INEC Shifts 2027 Presidential, N’Assembly Elections to January 16

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By Adedapo Adesanya

Nigeria will hold next year’s presidential and National Assembly elections a month earlier than planned, after the Independent National Electoral Commission (INEC) revised the polling schedule.

The elections will be held on January 16, instead of the previously announced date of February 20, INEC said in an X post, signed by Mr Mohammed Kudu Haruna, National Commissioner and Chairman, Information and Voter Education Committee.

There were also changes to the Governorship and State Houses of Assembly elections initially fixed for Saturday, March 6 2027, in line with the Electoral Act, 2022, have now been moved to Saturday, February 6, 2027.

The electoral commission said the changes were caused by the enactment of the Electoral Act, 2026 and the repeal of the Electoral Act, 2022, which introduced adjustments to statutory timelines governing pre-election and electoral activities.

“The Commission reviewed and realigned the schedule to ensure compliance with the new legal framework,” it said.

INEC said party primaries (including resolution of disputes) will commence on April 23, 2026 and end on May 30, 2026, after which Presidential and National Assembly campaigns will begin on August 19, 2026, while Governorship and State Houses of Assembly campaigns will begin on September 9, 2026.

It noted that campaigns will end 24 hours before Election Day, and political parties have been advised to strictly adhere to the timelines.

INEC also stated it will enforce compliance with the law.

The electoral body also rescheduled the Osun Governorship election which was earlier scheduled for Saturday, August 8 2026, by a week to Saturday, August 15, 2026.

INEC noted that some activities regarding the Ekiti and Osun governorship elections have already been conducted, and the remaining activities will be implemented in accordance with the Electoral Act, 2026.

Speaking at a news briefing in Abuja two weeks ago, the chairman of INEC, Mr Joash Amupitan, expressed the readiness of the commission to conduct the polls next year.

The timetable issued by the organisation for the polls at the time came when the federal parliament had yet to transmit the amended electoral bill to President Bola Tinubu for assent.

Later that week, the Senate passed the electoral bill, reducing the notice of elections from 360 days to 180 days, while the transmission of results was mandated with a proviso.

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NIMASA Rallies Stakeholders’ to Develop National Action Plan

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By Adedapo Adesanya

The Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged its commitment to provide the regulatory leadership, technical coordination, and stakeholder engagement required to successfully develop and implement a robust National Action Plan on maritime decarbonization in Nigeria.

The Director General of the agency, Mr Dayo Mobereola, made this known during the National Stakeholders’ workshop on the development of a National Maritime Decarbonization Action Plan, further describing the workshop as a critical step in actualising the Federal Government’s blue economy and climate objectives.

Represented by the Executive Director, Operations, Mr Fatai Taiye Adeyemi, the NIMASA DG underscored the significance of the IMO GreenVoyage2050 Project, a technical cooperation initiative /designed to support developing countries in implementing the IMO GHG Strategy.

According to him, the National Action Plan being developed will reflect national realities, leverage existing capacities, address identified gaps, and align with broader economic and environmental priorities of the federal government.

Mr Mobereola stressed that “this transition is not merely about compliance with international obligations, it is about safeguarding our marine environment, protecting public health, strengthening the blue economy, and ensuring that our maritime industry remains competitive and future-ready”, the DG said.

Also speaking at the event was the Technical Manager of the IMO GreenVoyage2050 Project, Ms Astrid Dispert, who highlighted that the overarching objective of the initiative is to advance a coherent and globally aligned regulatory framework to accelerate maritime decarbonization.

She also emphasised that NIMASA plays a pivotal role in driving the project at the national level.

The IMO GreenVoyage2050 Project provides technical expertise and institutional support to assist countries in developing and implementing National Action Plans that promote sustainable shipping practices, encourage investment in clean technologies, and strengthen capacity for long-term emissions reduction.

Through this collaboration, the federal government is advancing deliberate steps towards maritime decarbonization, reinforcing its commitment to global climate goals and ensuring a cleaner, greener, and more sustainable future for the sector.

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