Business A.M
No Result
View All Result
Monday, February 16, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Insurance

NSITF pushes digitalisation to boost efficiency, transparency

by Joy Agwunobi
August 25, 2025
in Insurance, Insurance & Pension Business
NSITF pushes digitalisation to boost efficiency, transparency

Joy Agwunobi

The Nigeria Social Insurance Trust Fund (NSITF) has announced plans to accelerate the full digitalisation of its operations as part of efforts to strengthen efficiency, transparency, and service delivery.

Oluwaseun Faleye, managing director of the Fund, disclosed this during the bi-annual Regional Management Performance Review (RMPR), which held simultaneously across NSITF’s six regional offices.

Faleye described digital transformation as a non-negotiable step in repositioning the Fund, stressing that the move would drastically cut inefficiencies, improve record management, and enhance the overall experience of contributors and beneficiaries.

“Digital transformation is not optional, it is urgent. We are investing in e-NSITF platforms, digital records systems and data-driven service delivery to reduce manual inefficiencies, improve transparency and restore confidence,” he said.

Speaking on the theme of the RMPR, ‘Beyond Targets: Delivery Excellence and Sustainable Growth’, Faleye explained that the review was not simply to assess figures, but to recommit to NSITF’s broader vision of delivering tangible, people-focused impact.

He noted that the organisation must adapt quickly to changing realities, with technology redefining traditional models and stakeholders demanding higher levels of accountability.

“We must move beyond the comfort of ‘meeting targets’ and embrace the new standard of delivery excellence. Excellence that is visible in how we treat contributions, in how swiftly we process claims, in how compassionately we engage beneficiaries, and in how our value is felt by workers, employers and society,” he said.

The NSITF MD further  highlighted some of the Fund’s achievements in the past year, while also outlining aspirations for the months ahead. He urged management staff to demonstrate courage and honesty in assessing performance, stressing the need to identify challenges, share workable ideas across regions, and tackle emerging threats before they escalate.

In her remarks, Mojisola Alli-Macaulay, executive director of operations, said the RMPR offered staff a platform to reflect on progress, confront challenges, and recommit to excellence in the execution of the Fund’s mandate.

Also speaking, Samaila Abdul, executive director of administration, reaffirmed the commitment of the Fund’s leadership to providing the necessary support to staff in order to achieve organisational goals.

On his part, Olugbemi Ayodele Samuel, the newly appointed Executive Director of Finance and Investment, commended the dedication of NSITF’s management teams and encouraged them to produce actionable resolutions that can drive measurable improvements.

The RMPR, held twice annually, serves as an accountability and performance-tracking exercise, while also providing a forum for the Fund’s leadership to align on strategic priorities.

Joy Agwunobi
Joy Agwunobi
Previous Post

Firm flags 10 commercial insurance solutions redefining the industry in 2025

Next Post

Nigerian insurers urged to strengthen governance ahead of 2026 recapitalisation

Next Post
Nigerian insurers urged to strengthen governance ahead of 2026 recapitalisation

Nigerian insurers urged to strengthen governance ahead of 2026 recapitalisation

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

AfriGO cards launch on PalmPay app as Nigeria pushes domestic payments adoption

AfriGO cards launch on PalmPay app as Nigeria pushes domestic payments adoption

February 15, 2026
Credit constraints, price volatility cloud agribusiness outlook

Credit constraints, price volatility cloud agribusiness outlook

February 15, 2026
Bedrock Residences appoints Kofo Ati-John as chairman

Bedrock Residences appoints Kofo Ati-John as chairman

February 14, 2026
Nigerian Breweries rated ‘buy’ as analysts see stronger earnings demand driving recovery

Nigerian Breweries returns to profitability with N99bn net income

February 14, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • What’s Behind the Fourth-Quarter Earnings Dip?

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

AfriGO cards launch on PalmPay app as Nigeria pushes domestic payments adoption

AfriGO cards launch on PalmPay app as Nigeria pushes domestic payments adoption

February 15, 2026
Credit constraints, price volatility cloud agribusiness outlook

Credit constraints, price volatility cloud agribusiness outlook

February 15, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M