News
YES Mobile Partners AXAMansard on Free Insurance on Phones & Computers

Yes Mobile; an innovative mobile phone retain chain in partnership with AXAMansard Insurance Plc, has launched an insurance scheme on all phones and computers bought by its customers.
Speaking during a press conference to announce the gesture, Mr Foluso Ogunwale, chief executive officer of Yes Mobile said that partnership with AXAMansard insurance is one of the innovative ways the Yes Mobile tends to transform the Nigerian phone retail market through consumer satisfaction.
Ogunwale explained with excitement that its customers are now able to enjoy insurance cover not only on the damaged screens of their mobile phones which is sometimes as high as 50% of the original cost of the phone; but also provides insurance cover for phones damaged by liquid intrusion.
“This offering is the first of its kind in the Nigerian Mobile Phone Retail Space. In its commitment to make this innovative service common; Yes Mobile is offering complimentary Free Insurance on devices bought.
“It is about giving value to customers. Mobile phones retail market in Nigeria has changed in the last five years. Before now, it was about just selling phones to buyers, but Yes Mobile’s innovations are geared towards redefining the whole structure by value addition.
“Without value, there will be no market for us. We have the brainpower to develop exciting products and services. We forecast that factors that will drive customer loyalty in the phone retails market shall be based on the amount of satisfaction they derive”, he said.
According to the Yes Mobile CEO, they are providing improved spread payment plan for customers to purchase phones and make payment within a period of six months.
This initiative is being executed in conjunction with a 3rd party partner firm – Page MFB.
The spread payment plan offered by Yes Mobile promises to be fast in processing time and tailored to be convenient for customers.
“With these offerings,” Mr Ogunwale explained, “Yes Mobile is driven by its conviction that customers deserve more value for money”.
He further explained that with Smart Phone penetration of just 30% in Nigeria, Yes Mobile is committed to delivering more smart phones to customers through excellent customer experience; and innovative services added to the sales of its gadgets.
The CEO further while promising stakeholders more innovative services to be rolled out by next quarter said, “These initiatives will transform the mobile phone retail space significantly”.
Also speaking, Akinmaderin Osofisan, head of Channels Management Group, AXA Mansard Insurance PLC., said that AXA Mansard Insurance as a member of the AXA Group, remains worldwide leader in insurance and asset management.
He said that the group is a conglomerate of independently run businesses, operated according to the laws and regulations of many different countries. Despite being written in upper case, “AXA” is not an acronym, the name was chosen because it is short and can be pronounced easily the same way in every language.
Osofisan said that AXAMansard cued into the Yes Mobile initiative in line with it vision “to be the leading African financial services provider, delivering superior solutions to our customers while exceeding stakeholders’ expectations”.
He added that with innovative, excellent, consistent value creation for stakeholders, insurance will become a solid sector that will boost the nation’s economy.
Also involved in the initiative is Page MF Bank, as one of the leading Retail Financial institutions located in Lagos.
Page creates a dynamic avenue to deliver unique and customer focused services through our savings, deposit and loan products accessible at our various Virtual Banking Channels.
To this end, Remi Ogunsipe, chief operating officer of Page MF Bank, said that with its exceptional use of technology, the microfinance bank has built a platform that offers convenient banking and allow income earners to enjoy benefits which Yes Mobile provides.
“We are able to meet your needs either in terms of good returns on investments, saving towards a particular goal or a quick personal loan. Our Customers are able to initiate and complete transactions on our Online banking portal providing convenience every step of the way.
“Page is committed to this course and we are assuring Yes Mobile customers (who meet up with the requirements) that they will get seamless self-help Retail Banking experiences, because we value their time invested and finances as we support them every time they turn to Page,” he said.
News
Firms Commit to Boost African Robotics Market

AfricAI and Micropolis Robotics have signed a multi-year exclusive distribution and deployment agreement, which marks one of the continent’s most significant robotics market entries.

Micropolis AI Robotics is a United Arab Emirates-based robotics manufacturer operating in autonomous systems, while AfricAI is a company building practical, revenue-driven artificial intelligence (AI) systems for African businesses, governments, and global partners operating in emerging markets.
According to the agreement, Micropolis Robotics named AfricAI as its exclusive continental partner, prohibiting direct sales, alternative distributors, and third-party agents from operating in the territory.
The partnership establishes AfricAI as the primary execution, localisation, and go-to-market platform for intelligent robotics in Africa’s industrial, security, logistics, and infrastructure sectors.
AfricAI said this exclusive mandate positions the company as the gateway for advanced autonomous systems entering African markets, ensuring regulatory compliance, local capacity building, and sovereign control over deployment frameworks.
The partnership, according to the two parties, moves beyond software- based AI into the realm of physical AI — intelligent machines capable of operating in complex, real-world African environments.
“This is not a collaboration, it is a market-shaping mandate,” said Fareed Aljawhari, CEO of Micropolis Robotics. “AfricAI now represents the exclusive gateway through which Micropolis technologies enter Africa. Their sovereign AI vision, operational reach, and regulatory fluency make them the only partner capable of executing at a continental scale.
Furthermore, the agreement enables AfricAI to integrate Micropolis’ autonomous robotics systems with AfricAI’s sovereign AI stack, resulting in AI-powered security and surveillance platforms, robotics-enabled logistics and port operations, industrial automation, smart infrastructure, and municipal robotics tailored to African operating conditions.
Initial deployments will commence in security, smart infrastructure, and logistics, with phased expansion across multiple African states as part of AfricAI’s broader continental AI, data, and intelligent infrastructure strategy.
The agreement also includes long-term performance-linked expansion rights, automatic renewals, and a defined localisation framework to support robotics deployment, workforce training, and skills transfer across Africa.
Prince Malik Ado-Ibrahim, executive chairman of AfricAI, said: “Africa does not need imported automation — it needs sovereign, context-aware intelligent systems. This exclusive mandate allows AfricAI to industrialise robotics deployment at scale while retaining control, compliance, and value creation on the continent.”
News
Subair: LIRS Won’t Raid Accounts – Unless You’ve Lost Every Court Battle

Lagos State Internal Revenue Service Executive Chairman Ayodele Subair Tuesday demolished online panic over alleged bank account raids, insisting the agency’s “Power of Substitution” targets only hardcore tax dodgers who have exhausted every appeal from tribunals to the Supreme Court over half a decade of disputes.

Ayodele Subair
Subair, speaking on Arise TV, shredded viral fears that LIRS would swoop on residents’ savings without warning, clarifying the mechanism under Section 60 of the Nigeria Tax Administration Act 2025 kicks in solely after assessments spark objections, reconciliations, demand notices, and a gruelling courtroom odyssey through High Court, Court of Appeal, and apex rulings.
The LIRS weekend notice had ignited fury by announcing enforcement via third parties – banks, employers, tenants, debtors – to claw back unpaid Personal Income Tax, Capital Gains Tax, Stamp Duties, and Withholding Tax from chronic defaulters holding funds or owing money to them, whether due now or accruing later.
Subair likened the process to a “long timeframe, not less than five years,” where recalcitrant bigwigs who stonewall every step become fair game, with LIRS directing agents like customers or partners to divert payments straight to the taxman in lawful settlement.
Far from arbitrary grabs, the chairman stressed it’s a final resort for “entirely recalcitrant” holdouts who ignore Notice of Refusal to Amend (NORA) and every olive branch, ensuring Lagos coffers snag rightful revenue fuelling the state’s bulging budget without shotgun raids on compliant payers.
As social media buzzes with defiance – “They can’t touch my account!” – Subair’s blueprint spotlights Nigeria’s tax evasion scourge starving subnationals of trillions yearly, with Lagos alone chasing billions in arrears amid federal revenue wars and economic headwinds squeezing the commercial capital’s 25 million souls.
Industry voices nod to the legality but plead for digital dashboards tracking disputes transparently, warning overzealous recovery could spook investors in Africa’s fintech and startup mecca already reeling from naira nosedives and grid glitches.
With LIRS poised to unleash the hammer on vetted violators, Subair’s clarion call aims to separate myth from muscle, bolstering Lagos’ IGR juggernaut that hit N815 billion last year while daring defaulters to test the full judicial gauntlet before crying foul.
News
NIGCOMSAT Adopts Government’s Performance System

Nigerian Communications Satellite (NIGCOMSAT) Ltd, in a strategic move to modernise its operations and foster a results-oriented workforce, has officially adopted the Federal Government’s Performance Management System (PMS).

The initiative, aimed at driving efficiency and institutionalising accountability, was marked by an intensive staff training program designed to align the agency’s operations with national performance goals and the Presidency’s vision for a digital-first public sector.
According to a statement from Stephen Kwande, the Agency’s acting head of Corporate Affairs, “the transition to PMS is a departure from historical evaluation methods. The new system is designed to provide real-time performance tracking and instill a stronger work ethic across all directorates”.
Welcoming participants, Mrs. Jane Nkechi Egerton-Idehen, managing director/CEO of NIGCOMSAT, represented by Abiodun Attah, executive diirector, Technical Services, described the adoption as “long overdue.”
She emphasised that the system is critical for ensuring that NIGCOMSAT contributes effectively to Nigeria’s broader digital economy targets.
In her opening remarks, Mrs. Chinwe Udogu, general manager, Human Resources Management, expressed NIGCOMSAT’s enthusiasm for the program, urging staff to dedicate themselves fully to the three-day training.
She noted that the exercise was pivotal in repositioning the company to achieve its highest aspirations.
The training consultant, Mrs. Njoku Chioma, said the program is expected to drive culture change, automate work processes, and strengthen institutional performance.
The three-day training, jointly organised by the Office of the Head of Service of the Federation and NIGCOMSAT Management, covers key themes including:
• Overview of the FCSSI25 as an institutional performance-driven Federal Civil/Public Service
• Service culture and workplace attitude in the Nigerian public sector
• Implementation of the Performance Management System in NIGCOMSAT
• Application of Artificial Intelligence tools to enhance performance in the Nigerian public sector
The move comes at a time when NIGCOMSAT is expanding its footprint, with recent initiatives like the 2026 SpaceTech Accelerator Programme and partnerships for grassroots digital skills training.
By strengthening its internal management framework, the agency aims to ensure that its technical advancements in satellite technology are matched by an equally efficient administrative engine.
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