Zenith General Insurance Company Limited (commonly known as Zenith Insurance) has, in a trailblazing move, partnered with Telecommunications giant – MTN Nigeria to provide the first ever mobile insurance service in Nigeria.
Using the USSD code *5966#, customers can now buy Third Party Motor Insurance and Personal Accident Insurance on the go, on their mobile phones, whether or not they have access to the internet. It is the dawn of a new era in the Nigerian insurance industry, and Zenith Insurance is at the forefront.
Speaking at the launch of the product at the Civic Centre, Victoria Island, Lagos on Wednesday, March 18, 2020, the Chief Operating Officer, MTN Nigeria, Mazen Mroue, said: “Financial Inclusion is imperative for economic development and access to insurance is a key component of this. MTN is glad to be the enabling platform for the delivery of digital insurance through mobile phones. We congratulate, Zenith General Insurance and Prudential Zenith Life Insurance for courageously blazing a trail.”
According to Kehinde Borisade, Chief Executive Officer of Zenith Insurance, “There are a lot of misconceptions around the concept of Insurance especially in developing nations such as ours. We at Zenith Insurance are committed to dispelling those notions of insurance being an abstract concept sold by weary old men in dusty shoes, who are nowhere to be found, the minute you have a claim. We are bringing Insurance to the fingertips of the ordinary Nigerian who is looking for convenience in his day to day dealings, as well as speed in service delivery. The USSD platform is something that anyone, anywhere, as long as they have a mobile phone can have access to. You don’t even need to have a data plan.”
Presently, customers have the opportunity to purchase mandatory Third-Party Motor Insurance- to cover against damages to other motorists and their vehicles and Personal Accident Insurance- a policy that provides purchasers and their loved ones with the assurance that should they suffer any injury that results in disablement or death, they will be compensated financially for treatment, hospitalization, time out of work or permanent disability. Within two minutes, anyone anywhere in Nigeria can have an Insurance policy.
This novel development will revolutionise the way insurance works in Nigeria. Life just got better, Insurance just got better. Welcome to the EazyLife!
HabariPay Limited, the fintech subsidiary of Guaranty Trust Holding Company Plc (“GTCO” or the “Group”), has unveiled its maiden HabariPay Impact Report 2025, providing stakeholders with a comprehensive account of the company’s evolution, innovation journey, business performance, and impact on the digital payments landscape.The report captures HabariPay’s transformation from a newly established fintech venture into one of Nigeria’s leading payment infrastructure providers, highlighting the milestones, strategic decisions, and investments that have shaped its growth. It showcases the company’s contributions to enabling digital commerce, supporting businesses, strengthening payment infrastructure, and expanding financial access through technology-driven solutions.The HabariPay Impact Report 2025 also highlights the company’s strong financial and operational performance, the growth of the Squad platform, and the development of infrastructure that powers payment acceptance, switching, transfers, merchant services, and value-added solutions. The publication further explores the role of innovation, talent development, and ecosystem partnerships in driving the company’s success.Speaking on the launch of the report, the Managing Director of HabariPay, Eduofon Japhet, said: “As a technology-driven company, we believe that impact extends beyond financial performance. It is reflected in the businesses we enable, the merchants we support, the infrastructure we build, and the opportunities we create for the next generation of innovators. The HabariPay Impact Report 2025 captures this journey and demonstrates our commitment to creating sustainable value for customers, partners, and the broader economy.”She further added: “The HabariPay Impact Report 2025 represents more than a reflection on our achievements; it is a testament to the deliberate investments we have made in building sustainable payment infrastructure, empowering businesses, fostering innovation, and creating long-term value for our stakeholders. As we look ahead, we remain committed to expanding our capabilities, deepening our impact, and shaping the future of digital payments through technology-driven solutions that are secure, scalable, and inclusive.”The report also showcases HabariPay’s investments in innovation through initiatives such as the Take on Squad Hackathon and the Squad Hackademy, both of which are helping to develop future technology talent and accelerate the creation of practical solutions to real-world challenges.Looking ahead, the publication outlines HabariPay’s vision for the future, including continued investment in payment infrastructure, merchant solutions, digital innovation, and intelligent technologies that will shape the future of financial services.
