LAGOS — Union Bank of Nigeria Plc, AIICO Multishield, Checkers Custard and other corporate organisations have thrown their weight behind the 5th Cycling Lagos, an initiative designed to promote cycling, environmental sustainability and public awareness of responsible waste management. The organisations’ support is expected to strengthen the 2026 edition of Cycling Lagos, which is scheduled...
Category: Insurance
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NSITF MD mourns NLC scribe, Ugboaja
The Managing Director/ Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Mr Oluwaseun Faleye, has expressed profound sadness over the death of the General Secretary of the Nigerian Labour Congress (NLC), Comrade Emmanuel Ugboaja. Faleye described Ugboaja’s passing as a huge loss to the labour movement, saying he stood firm for the rights...
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NSITF to lead NBA session on expanding legal protections for workers at Port Harcourt Conference
…As Faleye speaks on compliance, payroll transparency under ECA‎‎The Nigeria Social Insurance Trust Fund (NSITF) will take centre stage at the Nigerian Bar Association (NBA) Annual General Conference this month with a dedicated session aimed at pushing the legal boundaries of workplace protection and social security in Nigeria.‎‎The session, scheduled for the NBA-AGC holding from...
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NSITF Shifts Focus From Activities To Impact, Urges Financial Discipline
The Nigeria Social Insurance Trust Fund (NSITF), has urged its management team to move beyond counting activities and start measuring real results for employers, employees and their families. Speaking in Abuja at the opening of the second day of the Regional Management Performance Review, the Executive Director, Finance & Investment, Samuel Ayodele Olufemi, said the...
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NSITF Pays Over N31m Compensation To Families Of 5 Federal Workers
Fifteen years after the Employees’ Compensation Act was signed into law, the Nigeria Social Insurance Trust Fund (NSITF) on Tuesday presented the first compensation cheques worth N31,720,570.5 million directly to five beneficiaries from treasury-funded Ministries, Departments and Agencies (MDAs). The maiden presentation held in Abuja, brought together families who lost loved ones or suffered workplace...
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NSITF MD Urges Partnership, Worker Protection at 5th NECA Summit
…Says ESG, reforms key to inclusive growth, enterprise competitiveness The Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Faleye, has called for stronger collaboration between government, employers and workers to drive sustainable economic growth. Faleye made the call on Monday in Abuja while delivering a goodwill message at the 5th...
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NSITF and South Africa’s Rand Mutual Assurance Sign MoU on Technical Cooperation and Knowledge Exchange
The Nigeria Social Insurance Trust Fund (NSITF) and Rand Mutual Assurance (RMA) of South Africa have signed a Memorandum of Understanding (MoU) formalising a framework for institutional cooperation across social insurance administration, occupational health and safety, and employee compensation. The agreement was signed on 25th June, 2026, at the conclusion of a three-day Strategic Technical...
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NSITF, South Africa’s Rand Mutual’s partnership will strengthen Africa’s social protection systems – Faleye…As the Fund Reaffirms Commitment to Strengthening the ECS
Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Faleye, has said collaboration between the Fund and Rand Mutual Assurance (RMA) of South Africa would strengthen Africa’s social protection system. Faleye stated this on Tuesday when he hosted a high-level delegation from RMA South Africa led by the Group Chief Executive...
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NSITF rejects allegations of managerial crisis…Says staff exit voluntary, part of restructuring
The Nigeria Social Insurance Trust Fund (NSITF) has condemned the allegations of managerial crisis and mass resignation of workers being peddled in some media outlets. In a statement issued by Alexandra Mede, Head of Corporate Affairs, the NSITF described the story published by Sahara Reporters as a deliberate misrepresentation of facts and lacking in merit....
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Data Science Platform workers, gig economy in our plans… NSITF MD Faleye
Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Faleye, has said issues around the impact of Artificial Intelligence (AI), especially as regards platform workers and the gig economy, are being given priority attention by the Fund. Faleye stated this while fielding questions in response to the presentation of the Honourable Minister...
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