General
AXA Mansard Sweeps Prestigious Awards at 2024 CIPM HR Oscars
By Modupe Gbadeyanka
The 2024 Chartered Institute of Personnel Management (CIPM) HR Oscars held in Abuja recently saw AXA Mansard as one of the biggest winners.
The leading insurance firm was recognised for Best HR Practice (Insurance Category), Employee Engagement, and Internal Communications Initiative.
Also, the member of the AXA Group was the second runner-up overall in Nigeria for the 2024 HR Best Practice Award.
According to the Chief Client Officer of AXA Mansard, Ms Rashidat Adebisi, the awards underscore AXA Mansard’s unwavering commitment to fostering an engaging, stimulating, and progressive workplace for its people.
She remarked further that the company believes that living out its customer-first value should begin with a positive employee experience. AXA’s HR policies and practices are thus deliberately tailored to be people-oriented.
“We are convinced that when we care for our employees, they will care for our customers, and everybody wins. The customers win, the employees are fulfilled, the society is better, and the marketplace prospers”, she said.
“So, to be awarded three awards by a prestigious human capital institution such as CIPM is something we take seriously. It is a confirmation that our people philosophy is in tune with the realities of today’s workforce requirements.
“I congratulate our HR team for consistently embodying our Employee Value Proposition. I understand the dedication and precision involved in achieving each of these awards, so winning three in a single year is a clear testament to the great work we are doing for our employees.
“This achievement not only solidifies our position as an industry leader but also reaffirms our commitment to being a people-oriented, role-model organization,” she added.
Also, the General Counsel and Human Resources Director of AXA Mansard, Ms Omowunmi Mabel Adewusi, noted that the awards are another testament to the organization’s HR best practices and their real impact on the employee’s total well-being.
“These awards underscore that our Dare and Care philosophy is a driving force within our organisation. Being recognized as the company with the Best HR Practice within the insurance sector—and across multiple industries in Nigeria—is a significant accomplishment.
“This recognition reflects the bold, forward-thinking policies and initiatives we have put in place to ensure our employees are engaged, productive, and find purpose in their work each day.
“For example, our AXA We Care program offers employees benefits such as menstrual leave, paternity leave, psychological assistance, caregiver leave, maternity leave, teleconsultation services, free medical check-ups, minimum financial coverage in the case of cancer, and many more.
“We understand, for example, that women’s menstrual cycle is not what we are culturally tuned to discussing, especially with managers of the opposite sex. But it’s a key part of the women’s wellbeing, so what we have done is to ensure that women can take leave days if they need to during their monthly cycle.”
The CIPM promotes excellence in people management through value creation, optimisation of human potential, and standardization, as well as regulation of Human Resource Management.
The HR Oscars aims to identify best practices and recognize achievements. Its assessment for recognition is based on the demonstrated proof of positive business impact based on the change, initiative, program, or process improvement described in the submissions.
The AXA We Care programme is deployed under four main policy pillars;
Caregiver policy: This policy provides employees caring for immediate family members who require elder care or care due to a serious health condition and disability with up to five days of fully paid leave.
Domestic and sexual violence policy: AXA stands against domestic and sexual violence. For any employee impacted by such a situation, AXA commits to providing access to psychological support, specialist support services, flexible working arrangements, and five days of fully paid leave.
Parental policy: Besides the existing fully paid maternity leave for female employees, the We Care program provides an extended fully paid paternity leave for male employees for up to 10 working days. Additional leave and flexible working arrangements will be offered to support employees receiving and recovering from in-vitro fertilization or in the case of pregnancy loss.
Healthy You program: Launched in 2020, this health and wellbeing program provides AXA employees with benefits such as psychological assistance, teleconsultation services, medical check-ups, minimum financial coverage for cancer, and more. The program will expand further to include a supportive working environment for employees experiencing menstrual health conditions, menopause, or andropause.
General
Nigeria Steps up AI Surveillance, Anti-Drone Systems for National Security
By Adedapo Adesanya
Nigeria is set to strengthen its defence architecture by deploying artificial intelligence-powered surveillance systems and advanced anti-drone technology as part of efforts to modernise the country’s military capabilities, according to the Minister of Defence, Mr Christopher Musa.
He disclosed this during a high-level visit to Monaco, where he led a Nigerian delegation to conclude discussions on the multi-domain Hybrid Intelligence Shield (HIS) project.
According to Mr Musa, the initiative is designed to enhance border security, protect urban centres and improve the country’s response to emerging security threats.
The project is expected to introduce AI-driven surveillance systems capable of identifying threats rapidly through smart algorithms, while anti-drone technology will be deployed to intercept and neutralise unmanned aerial threats.
The government also plans to establish national and regional command-and-control centres to improve real-time coordination and response to security incidents across the country.
Mr Musa said the initiative would place strong emphasis on technology transfer and local capacity development through the establishment of a military Centre of Excellence in Nigeria.
He added that the federal government would leverage partnerships with international firms, including Marss UK Ltd, while simultaneously building indigenous capabilities to address insurgency, illegal mining, piracy and other security threats.
Nigeria has continued to battle multiple security challenges in recent years, including insurgency in the North-East, banditry and kidnappings in the North-West, farmer-herder clashes in the North-Central region, crude oil theft in the Niger Delta and piracy in the Gulf of Guinea.
Nigeria is stepping up its defence as the border region of Nigeria, Benin and Niger on the southern edge of the Sahel region is becoming a new stronghold for jihadists, as militants turn forests and pastoral networks in West Africa into bases for recruitment and international attacks.
Attacks in Nigeria have also risen, with data from the website of the Armed Conflict Location & Event Data (ACLED), a conflict-monitoring group, affirming that the number of suicide bombings in Nigeria by March already matched the annual average over the past six years.
The Nigerian military has also been dealt a blow to its military bases and senior figures targeted. In April, Brigadier-General Oseni Omoh Braimah was killed when Islamist fighters attacked a base in Borno State.
To also meet the defence goal, Nigeria is stepping up efforts to build domestic arms-manufacturing capacity.
General
Nigeria, Morocco to Seal Atlantic Gas Pipeline Deal by Q4 2026
By Adedapo Adesanya
Nigeria and Morocco are set to sign a major intergovernmental agreement later this year to push forward the long-delayed Nigeria-Morocco Gas Pipeline project, a multi-billion-dollar energy corridor expected to reshape gas trade across West Africa and Europe.
The agreement, expected to be signed in the fourth quarter of 2026 by President Bola Tinubu and King Mohammed VI of Morocco, follows the completion of preliminary technical studies for the ambitious project, according to officials from both countries.
The pipeline, also known as the African Atlantic Gas Pipeline, is projected to stretch about 6,900 kilometres along offshore and onshore routes across West Africa, making it one of the largest gas infrastructure projects on the continent.
With an estimated cost of $25 billion, the pipeline is designed to transport up to 30 billion cubic metres of gas annually once completed.
Discussions on the project gained fresh momentum during a telephone conversation between Nigeria’s Minister of Foreign Affairs, Mr Bianca Odumegwu-Ojukwu, and her Moroccan counterpart, Mr Nasser Bourita.
The project would not only strengthen energy cooperation between the two countries but also improve regional economic integration and expand Africa’s access to European energy markets.
According to Morocco’s hydrocarbons and mining agency, ONHYM, part of the gas supply will support Morocco’s domestic energy demand, while large export volumes will be directed to Europe.
The project, first proposed about a decade ago, is seen as a strategic alternative gas supply route amid rising global energy security concerns and Europe’s search for more diversified energy sources.
Beyond the pipeline, Nigeria and Morocco are also exploring broader economic partnerships, particularly in fertiliser production and distribution to support food security across Africa.
Both countries also agreed on the need to revive the Nigeria-Morocco Business Council to strengthen trade and investment relations under the African Continental Free Trade Area framework.
Analysts noted that the project could significantly boost gas monetisation opportunities for Nigeria, expand regional infrastructure development, and deepen economic ties between West African nations and Europe if successfully executed.
General
Impact Investors Foundation Launches GESI Baseline Report
The Impact Investors Foundation (IIF), Nigeria’s leading platform for unlocking impact capital, today hosted the 4th Gender Impact Investment Summit (GIIS). The landmark event featured the historic unveiling of the Inclusive Capital Scorecard, a Gender Equity and Social Inclusion Baseline report, which establishes a foundation and clear understanding for GESI integration practices in impact investment.
The summit, themed “From Commitment to Action: Strengthening Inclusive Gender Lens Investment for Nigeria’s Growth,” convened at a critical juncture for deepening Nigeria’s National Women Economic Empowerment policy. Building on the momentum of previous years, where over 50 organisations pledged support for inclusive capital, the 4th GIIS serves as the definitive platform to translate high-level pledges into tangible, measurable results for women, youth, and the over 35 million Nigerians living with disabilities.
The centrepiece of this year’s summit was the GESI baseline survey, which serves as a reference point for tracking progress, informing interventions, and strengthening accountability toward achieving the national inclusive capital roadmap. It also features a policy roundtable, where regulators, ministries and government agencies made actionable commitments to strengthen cross-sector collaboration, and accelerate policy implementation for women, youths and persons with disabilities (PwD) in key economic sectors, including climate resilient industries. “The GESI Baseline Report is more than a document; it is the data-driven foundation required to fix structural barriers in our financial system,” stated Etemore Glover, CEO of the Impact Investors Foundation. “While women own nearly 40% of Nigerian businesses, they receive a disproportionately small share of formal credit. This report empowers stakeholders to identify acute gaps and benchmark progress as we move toward a truly inclusive economy.”
Ibukun Awosika, Chair of GSG Nigeria Partner and Vice Chair of GSG Impact, emphasised the significance of this milestone at the 4th GIIS: “By providing the data-driven foundation needed to benchmark progress, it demands that stakeholders not only mobilise inclusive capital at scale but also embed GESI and gender lens investment principles into every investment decision and policy. This summit is the definitive platform to close investment gaps, unlocking Nigeria’s full economic potential and ensuring our growth is truly equitable and transformative.”
The 4th Gender Impact Investment Summit (GIIS) acts as a vehicle to dismantle obstacles for women, serving as a catalyst for growth by actively driving impact to accommodate women, including those in the informal labour market. It moves beyond rhetoric to institutionalise accountability by encouraging organisations to not only track how capital is raised, but also the type of capital deployed, jobs created, enterprise growth, geographic reach, and measurable inclusion outcomes.
Gender Equality and Social Inclusion (GESI) are increasingly recognised as critical leverage points; by addressing the institutional gaps that leave women, youths and persons with disabilities-led businesses under-resourced, Nigeria can catalyse a new wave of data-driven investment and productivity.
The keynote address, ‘Turning Gender Equity into Economic Advantage,’ presented by His Highness Khalifa Muhammad Sanusi II CON, Sarkin Kano, stressed the need for the intentional dismantling of structural barriers that hinder women’s financial inclusion, noting that gender equality is not merely a social imperative but a critical economic lever for national prosperity.
To facilitate immediate economic impact, the 4th GIIS introduced enhanced Deal Rooms, operating both virtually and in-person. These rooms are specifically designed to provide a direct matchmaking pipeline, connecting investors with ready-to-scale, women-led enterprises, leading to a soft commitment of about $250,000 from investors.
In addition, the summit featured technical sessions which emphasised institutional capacity building, equipping both public and private sector actors with the GESI diagnostic tools, investment readiness tools and data capturing frameworks necessary to mainstream GESI and gender lens investing (GLI) into their core operations.
The economic urgency of this intervention is underscored by current data showing a stark inclusion gap: only 23% of Nigerian women have bank accounts, compared to 77% of men. By providing credible, first-of-its-kind data, the IIF is positioning the GESI Roadmap as a strategic necessity for sustainable national growth.
The summit featured high-level participation from financial institutions, Development Finance Institutions (DFIs), and policymakers. Through interactive panels and policy conversations, leaders were invited to move beyond discourse and lead in GESI integration, utilising the new report to influence future policy and investment strategies.
The 4th Gender Impact Investment Summit reaffirms IIF’s role as a strategic architect in the Nigerian investment market, dedicated to establishing actionable interventions that ensure no one is left behind in the pursuit of prosperity.
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