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Leadway Assurance | Zikoko!
  • How Leadway Taught Us to Celebrate Happiness Amidst All of Nigeria’s Stress

    How Leadway Taught Us to Celebrate Happiness Amidst All of Nigeria’s Stress

    They threw everyone a soft party

    You don’t even need so much noise to be happy. You just need a cool party with a nice ambience where everyone can relax and truly forget their problems for a while. 

    Look at the ambience

    It’s totally giving “joy” and we’ll understand if you feel bad for not attending the event.

    And they invited everyone

    If you weren’t there, you truly missed. But Leadway invited everyone on the internet and people showed up for a good time.

    They even had games available

    You just know they’re experts at taking a breather. Parties are fun, but games make them even more fun. This party had many different games from Jenga to Table soccer and even FIFA.

    There was plenty food and drinks

    A good party is incomplete without food. And because food is the way to many people’s hearts, Leadway made sure to deliver. 

    They hosted a karaoke session

    It doesn’t matter if your friends have the worst voices. Watching them fumble as they try to sing Ed Sheeran’s songs or lip sync to Asake’s lyrics would definitely make you laugh your eyes out.

    There was music too

    If you couldn’t sing or were too shy to risk embarrassing yourself, Leadway had you covered with a DJ that played soft music for you to jam to.

    They also shared party packs

    People need something to remind them that at your party, they were happy. And this is exactly what Leadway did. Nothing makes you feel happy as a kid like receiving party packs after a fun day with friends. This party just goes to show how committed Leadway has been to people’s happiness over the past few decades, and we really love to see it.


    Leadway is Nigeria’s largest non-banking financial institution that offers services to businesses and individuals. Their services include Insurance, Pension, Wills & Trusts services, Health Insurance and Asset Management.

  • A Financially Secure Woman in Retirement Is an Asset to the Community

    A Financially Secure Woman in Retirement Is an Asset to the Community

    By Titilola Bashorun

    A report by the United Nations Women on “Protecting women’s income security in old age: Toward gender-responsive pension systems” emphasised the need for women to be financially empowered in their retirement. 

    The report reads in part: “Ageing has a female face. Women not only live longer than men but are also less likely to enjoy income security and economic independence in old age. Because of a lifetime of economic disadvantage, older women end up with lower incomes and less access to land, housing and other assets that would help them maintain an adequate standard of living. In most countries, women are less likely than men to receive a pension at all, or they have lower benefits.”

    Women play an indispensable role in the family and community at large. The normative roles of women extend beyond reproductive functions. She is a wife, a mother, a daughter, and many more. Women are managers of resources; they hold the capacity to make a career in their chosen field and, at the same time, financially support their families. 

    But beyond these, Women are caregivers, leaders, support systems, providers, and helpers. They provide social, physical, and psychological support to the people around them. They are passionate about things pertaining to their family, workplace, and community.

    A financially secure woman has enough resources to meet her basic needs of food, shelter, clothing, healthcare, and other living bills, handle financial hitches without risk to her well-being and still saves to meet her future financial obligations. A financially secure woman is readily available to serve her family and her community with her finances. 

    Being financially stable does not only apply to women still in workspaces; it is also a powerful asset for any retired woman. Financial security comes with the comfort and safety of not worrying about finances, even in retirement. 

    A woman who is financially secure in retirement is an embodiment of strength. She is precious to her family and society, enabling her to be better at everything she does. 

    This asset can be brought to life with a retirement savings plan. The primary function of a retirement savings fund is to provide a financial cushion against uncertainties, risks and unexpected circumstances that come later in life. One fundamental reason for this savings plan is building reservoir wealth and towards having a secure financial future. A pension plan helps to develop this secure future. The earlier you begin saving for retirement, the more time your money would grow and compound over time. This makes one more powerful in all spheres.

    This is why it is essential that women work closely with knowledgeable financial advisors to guide them through choosing a retirement savings plan based on accessibility, growth, reliability, capability, and strong investment returns on their funds. 

    As the UN Women report stated, a woman is the poster child of an ageing future. But I strongly advocate that the picture should be that of an empowered, financially stable woman in a secure position to fend for herself, her dependents, and the community she is domiciled. An independent, naturally caring woman in retirement is an extension of kindness that has progressed. The ageing woman embodies wisdom, compassion and motherhood from which society and the younger generation stand to gain bountifully. 

    Given these realities, I am very proud to work at Leadway Pensure Pension Funds Administrators (PFA), as the provision of professional pensions administration, especially micro-pensions, holds the key to unlocking the potential of a financially secure woman in the future. I am delighted that my organisation is very committed to seeing the picture of ageing women in retirement pivot to refreshed, empowered, and substantially empowered women. Are you ready for this possibility? Contact our team of advisors on 01-2800800 or email info@leadwaypensure.com on how you can join the league of future-proof women at the Leadway Pensure PFA. 

    Happy International Women’s Day. #EmbraceEquity 

    Titilola Bashorun is the Head, Human Resources & Admin, Leadway Pensure PFA Limited

  • I Am My Parents’ Pension Plan, and I Hate It

    I Am My Parents’ Pension Plan, and I Hate It

    Parents relying on their kids for money is a regular thing, but we don’t really talk about the effects of having such a responsibility.

    In this article, seven Nigerians speak about what it feels like to be the ones providing for their families while also trying to take care of themselves. 

    “I’m happy to help, but I sometimes feel resentful”

    — Amaka, 30

    Sometimes it feels like the only thing I’m useful for in my family is sending money. I’ve been paying black tax since I started NYSC in 2014.

    My mum used to work in a federal government parastatal but got retrenched in 2007. She managed to put me through secondary school somehow till I finished university. 

    Now, I send money to my mum, two siblings and cousins who stay with us for their upkeep every month. Asides from that, my mum also randomly calls and asks for money. It got so bad that almost all my income was going to family expenses, both necessary and unnecessary. Having to spend my money on family consistently sometimes makes me feel resentful. Other times, I’m happy to help.

    My mum has a pension, but the money she gets is very small. The pension fund administrator has even refused to pay them for the longest time. So I’m all she has. 

    “I feel some financial strain, but it’s a privilege”

    —Ebuka, 29

    I come from a large family of seven children, and we collectively cater to our parents’ needs. 

    My dad lost his job in 1992 and couldn’t get stable work afterwards. My mum worked for over twenty years in a Chinese firm until the entire family was forced to flee the north during the Sharia crisis in 2000. So we returned to our village in Imo state.

    As time passed, we kids got different opportunities that took us out of the village. My oldest brother made enough money to build my parents a six-bedroom house. 

    My siblings and I stopped my parents from doing any work three years ago [2019] so that they could rest. Now they depend wholly on us. We’re a large family, so the financial burden isn’t that much. We pool funds together to send to them. 

    I feel the financial strain once in a while, especially when we have to contribute towards paying for my dad’s medical bills. But I shrug it off. If my parents had a pension, it’d have given us less to worry about and more to spend on ourselves. However, we consider it a privilege to do what we do.

    “How am I paying for someone else’s mistake? It’s so frustrating.”

    Aduke*, 56

    I’m retired, but instead of me enjoying my money, I spend it taking care of my also retired younger sister. 

    The difference between both of us is that I have investments and a pension, and she doesn’t. This is because she finished her money on jaiye lifestyle. My sister was a woman of enjoyment; she was either always attending a party or throwing one. And each time, she had to sew an outfit for each party. She liked the finer things of life, and she wasn’t afraid of spending money on them. Now, look at what that has caused.  She’s broke and relying on my money to survive. She has a child but can’t ask him for money because he’s in secondary school. I pay his school fees.

    How am I paying for someone else’s mistake? It’s so frustrating. And I’m stuck with this for the rest of my life. 

    “Maybe it’s the pressure of being the firstborn son, but I feel the need not to let my parents work” 

    — Anthony, 31

    As the firstborn son, I feel a certain responsibility to take care of my family. My parents don’t ask for money, but they expect it. Very subtle signs show that they rely on me to provide for them. 

    I get paid decently as a logistics manager for a start-up oil and gas firm. It allows me to send money to my parents monthly. My youngest brother, the last born, is now in university, and I send him pocket money too. There are times when I’ve had to come through in significant ways. There was a time my mum had surgery, and I contributed 80% of the money. My dad recently fell seriously ill, and I had to buy drugs that cost ₦53K every month for six months.

    Maybe it’s the pressure of being the firstborn son, but I feel the need not to let my parents work. They sacrificed so much to send me to the best schools. The best I could do is spend part of my money on them. 

    You have no idea how many times I’ve asked God, “Why me?’”

    Shelia*, 35

    My mum has chronic heart disease. This means my salary is spent on consistent hospital bills and drugs. Since my mum is sick, she obviously can’t work, and she doesn’t have investments or any other source of income that could, to some extent, make things financially easier for us, it’s all on me. 

    My dad passed ten years ago, and I’m the only child. So I’m the only one handling such a huge responsibility. My extended family tries to help out once in a while, but that’s not enough. You have no idea how many times I’ve asked God, “Why me?” Why did I have to get stuck with a sick mum? Why does all my money go to her sickness? I’m tired of it all. 

    Right now, I just want a higher-paying job so that I can at least be able to get myself some nice things. 

    “I rarely do things for myself because I earn the most in my family. It’s tiring.”

    — Abraham, 27

    I get paid about ₦350,000 per month, and I barely get to enjoy any of the money because I’m spending it on providing for my family. 

    Both my parents are retired, which means I’m responsible for their upkeep and that of my siblings. I’m currently paying the school fees of the last child who’s still in uni. My two older siblings can’t contribute as much because they don’t earn enough. I’m the one my parents call whenever they need money for one thing or the other. Sometimes my older siblings call me too. 

    I need a break from it all. I wish I could just travel to a really far destination and not think that I’m financially responsible for my family at such a young age. 


    Having your family members rely on you financially can be a lot of pressure. It can also be emotionally and physically exhausting. But what if you didn’t have to do it all on your own?

    Leadway offers simple financial services products that protect you and everything you care about. From your personal belongings to your health, your life, and your future. Sign up on Leadway to learn more and get started.

  • Quiz: Take this Quiz and We’ll Guess the Most Valuable Thing You Own

    Quiz: Take this Quiz and We’ll Guess the Most Valuable Thing You Own

    The watch you got for your 21st birthday or the car you got handed down by your dad. 

    Take this quiz, and we’ll guess the most valuable thing you own.

  • Student Guide: 5 Amazing Things You Can Do With ₦1,000

    Student Guide: 5 Amazing Things You Can Do With ₦1,000

    As a student, N1,000 might mean nothing to you. Well, let us shock you. Here are 5 amazing things you can do with N1,000.  

    SEE A MOVIE

    Yeah that’s right. With N1,000, you can go to a cinema (On the Mainland Oh!) and see a movie to make your day. However, it is advisable to check the show time and days to know when you are qualified to ask for a movie ticket.  

    BUY A BOOK…OR TWO

    This one is achievable anywhere! (And your parents would be proud) Books are assets, whether for knowledge, education or fun. With N1,000, you can walk into a bookstore and pick a good book or two. (Please be sure of the price tag sha.)

    GET AN ATM CARD

    These days, one can open a bank account without paying a kobo. But why sentence yourself to suffering on long queues and in banking halls when there’s a more convenient way to get things done. With N1,000, you can get an ATM card for easy access to your funds. (If you lose the card, OYO is your case). 

    PURCHASE ONE-MONTH MOBILE DATA

    Data is very important; it is every student’s need, if not to stay connected to social communities, at least to do assignments. (Na so.) Well, with N1,000 you can get one-month data subscription on any of the popular telecoms network to stay connected. (Remember to password your hotspot) 

    SECURE YOUR FUTURE 

    This is no joke at all. Which is why Leadway Assurance has provided every Nigerian Student with a financial solution called the Leadway Student Protection Plan. This plan can help you complete you tertiary education for just N1,000. It is an insurance product that is designed to cover students in ONLY Federal / State Tertiary Institutions so their future is secure when they lose a loved one that is either a parent, guardian or sponsor.

    The best part about this is that you can sign up and buy this product in 15mins. Click this link to get started.