AXA Mansard Health Limited has unveiled a fully digital and flexible health insurance plan, enabling Nigerians to pay for coverage in convenient monthly installments—spread over up to 10 months—rather than the traditional lump-sum annual payment.
The company said this innovative solution was developed to break down longstanding barriers such as affordability and accessibility, which have historically limited health insurance adoption in Nigeria.
Targeted at students, artisans, young families, and working professionals, the plan is aimed at making quality healthcare more accessible to a broader segment of the population.
“Health insurance shouldn’t be a luxury—it should be a lifeline,” said Mrs. Adebola Surakat, Chief Marketing Officer at AXA Mansard. “With our extended solution, we’ve simplified the process. Nigerians can now access health coverage without the financial strain of a one-time annual payment. It’s affordable, flexible, and completely digital.”
CREDICORP Partners Sytiamo to Offer Credit Access to 10,000 Market Women
In a push to expand financial inclusion in the informal sector, the Nigerian Consumer Credit Corporation (CREDICORP) has partnered with Sytiamo Technologies to deliver affordable inventory financing to 10,000 market women across the country.
The initiative will cover 224 markets in 28 states, starting with the Ariaria International Market in Aba, Abia State.
Speaking at the launch, CREDICORP Managing Director Mr. Uzoma Nwagba, represented by Executive Director of Credit and Portfolio Management, Mrs. Aisha Abdullahi, emphasized the importance of supporting informal workers, especially women.
“Supporting women with credit is not just a social good—it’s good business,” Nwagba said. “These loans will not only enhance financial inclusion but also improve the quality of life for thousands of women driving local economies.”
He noted that the focus on women was intentional, as data shows they tend to have higher credit repayment rates. “With 66.7% of our executive team and 50% of our management being women, this initiative aligns with our core belief that empowering women strengthens communities.”
Sytiamo Technologies Managing Director, Mr. Michael Ogbaa, described the partnership as a vital step in boosting economic growth at the grassroots.
“Through this partnership, we are providing market women with fast and affordable access to the capital they need to grow their businesses and improve their livelihoods,” Ogbaa said.
