Nicon Insurance now offers you a new and unique way of processing various insurance products and services online. This means you can download, purchase an insurance product online by simply filling the online proposal.

The Owner of idea is the ruler of the world. Today, business is full of selective players, emerging from yesterday’s thoughts of traditional business and modus operandi. Where an entrepreneur emerges in the reality of today he must be ready to face questions: Where are you coming from? How did you do it?

In the days of Bill Gates, Michael Dell, Goldman Sachs, you may find possible answers to sudden entrepreneurs. But it appears to me most times that entrepreneurs of tomorrow will create wealth through ideas and investment in invisibles, while the millionaries of tomorrow will emerge in idea trading.

The new NICON will combine all of the characteristics of yesterday, today and tomorrow’s entrepreneur. And, at the new NICON, we are set to create jobs, expand to other nations, and provide strength for Nigeria by participating in ALL sectors of Nigeria’s economy, using integrity as our company’s official currency.

The successful privatization of the Nigerian economy by President Olusegun Obasanjo, an exercise that took America 100 years to complete, has created a new road for entrepreneurs that can move ideas, while injecting integrity in the practice of wealth creation and opportunity for growth could be unending. What we have bought in NICON is the name. We shall nurture the name like a baby. We shall show love to the name and keep it for generations unborn while we move ahead of time. The branding of the new NICON is not going to be based on heavy advertisement but rather on customers’ loyalty, using customer referral as test of our popularity. In our concept of loyalty, we shall strive to sustain NICON with so much love, so much courage and so much perception. While we give ourselves to the service of those customers, our employees will work in an environment of ‘our company’ rather than ‘our place of work’. We shall cultivate the habit of ‘hard road to loyalty’ and not ‘short cut to dead end’.

As we move NICON close to you, we shall work to earn your loyalty, providing opportunity for you to own shares in at least one or all of the companies in no distant future.

My 100 days in office has witnessed a redefining and transformation of the old NICON to the new NICON, culminating into a Group, expanding to other sectors of the economy, moving to other nations and about to create job opportunities for Nigerians, especially young Nigerians, our beacons of hope. The new group now has eleven companies.

NICON Energy

NICON Trustees          

NICON Insurance                    

NICON Investments

NICON Hotels

NICON PFA

NICON Airways

NICON Academy

NICON (UK) Ltd

NICON Sao Tome & Principe

Every member of the subsidiary will be returned to the market at the appropriate time, as they mature, for Nigerians to buy –through share purchase. The Nigeria market is big enough for challenges of competition, and at the new NICON, we see competition as the fuel of our driving force. Every NICON family member in any sector of the economy shall strive to hold the first position. This is the challenge before the Managing Director of such member-companies and all of us. At the new NICON, it is not the small that eats the big; it is the fast that eats the slow.

We commend our friends at the Bureau of Public Enterprises and we promise to work hard to make the NICON privatization a case study for institutions of international repute, such as the Harvard Business School.                        

We thank our competitors for their respect and understanding, We thank Nigerians for their support as we congratulate the younger generations who are looking forward to successful careers in the new NICON. We pledge quality products and excellent service to our current and prospective clients.

We extend a hand of fellowship to you all and do promise to earn your loyalty.