President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill 2025 into law, officially making it the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The new law has …
Insurance
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New Law Makes Insurance of Public Buildings and Fuel Stations Compulsory, Defaulters Face Fines and Jail
Landlords and occupiers of public buildings in Nigeria now risk a fine of N1 million, a jail term of 12 months, or both, if they fail to insure their properties …
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BusinessCorporate EarningsFinanceInsuranceNewsNigeria
FBS Reinsurance Grows Insurance Revenue by 85% to N50.9bn in 2024
FBS Reinsurance Limited, an indigenous player in Nigeria’s insurance sector, has reported a strong financial performance for the 2024 financial year, with insurance revenue rising by 85 per cent to …
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AwardsBusinessCorporate EarningsFinance & ServicesInsuranceLeadershipLeadwayNigeria
AIICO, Leadway, NEM, Others Make 2025 Almond Insurance Industry
The Nigerian insurance industry is set for another major celebration as top companies and industry leaders have been shortlisted for the 2025 Almond Insurance Industry Awards. The nominees were officially …
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BusinessCorporate EarningsEconomyFinanceHealthcareInsurance
AXA Mansard Grows Half-Year 2025 Insurance Revenue by 24%, Hits ₦81.15bn
AXA Mansard Insurance Plc, a member of the global AXA Group, has reported a 24 per cent increase in its insurance revenue for the half-year ended June 30, 2025. The …
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BusinessCorporate AffairsFinance & ServicesInsuranceNigeria
Lasaco Pledges Improved Services at South-West Customer Forum
Lasaco Assurance Plc has promised to keep improving its services and maintain its position as one of the leading insurance companies in the country. This assurance was given at the …
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BusinessEventsInsuranceNewsState News
Veritas Kapital Hosts Lagos Car Safety Clinic with K-Cool, Car Love Show
Veritas Kapital Assurance Plc has launched a new road safety initiative in Lagos aimed at reducing vehicle-related accidents and promoting car maintenance awareness among Nigerians. The event, held at the …
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The National Insurance Commission (NAICOM) has released new operational guidelines for Insurtech companies in Nigeria, in a move aimed at improving innovation, protecting consumers, and growing digital insurance in the …
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AgricultureEconomyEnvironmentGOVERNMENTHumanitarianInsurance
Malawi Gets $3.3m Drought Insurance Payout to Support Hunger Crisis
The Government of Malawi has received a $3.3 million (about K6 billion) insurance payout from the African Risk Capacity (ARC) to help cushion the impact of the ongoing drought crisis …
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Affluent ManagementBanking, Finance & InvestmentBusinessFinance & ServicesInsurance
Affluent Mozambicans Seek Security in Structured Banking
As Mozambique’s economy grows and its financial sector becomes more mature, Affluent individuals and top business leaders are changing the way they manage their money. With more people owning businesses …