Lasaco Assurance Plc has introduced a new insurance product designed to protect Nigerian farmers and agricultural cooperatives against risks in the agriculture sector. The company presented its Cooperative Insurance Scheme …
Insurance
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AgricultureBusinessDevelopmentEconomyInsurancePolicies
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Banking, Finance & InvestmentEconomyInsuranceINVESTMENTManufacturing & Consumer GoodsMarketsNigeria
NGX Opens Week Strong with N193bn Gain
The Nigerian stock market started the week with a positive push, as the Nigerian Exchange Limited (NGX) recorded a significant boost on Monday, July 7, 2025. The All-Share Index (ASI) …
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BusinessEastern AfricaEconomyInsuranceKenyaMarkets
UAP Insurance Quits South Sudan Market, Pledges to Honour Existing Policies
UAP Insurance South Sudan, a subsidiary of UAP Old Mutual Holdings, has officially withdrawn from the South Sudan insurance market, marking the end of its 19-year operations in the country. …
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EconomyFinance & ServicesInsuranceINVESTMENTMarketsNigeria
Royal Exchange Posts N496.8m Profit Amid Lower Earnings
Royal Exchange Plc, a key player in Nigeria’s insurance and financial services sector, has reported a profit after tax of N496.8 million for the financial year ended March 31, 2025. …
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BusinessEconomyFintechInsuranceNigeriaTechnology
Transparency Scape Launches InsurEase App to Simplify Insurance Access for Nigerians
A new digital platform has entered Nigeria’s insurance market with a promise to make insurance easier, cheaper, and more accessible to everyone. Transparency Scape Insurance Brokers Limited, on Tuesday, officially …
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BusinessFinance & ServicesGOVERNMENTInsuranceNigeria
NCRIB President Warns Insurance Brokers Against Unethical Practices
The President and Chairman of the Governing Board of the Nigerian Council of Registered Insurance Brokers (NCRIB), Prince Babatunde Oguntade, has warned members of the council to strictly adhere to …
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The National Insurance Commission (NAICOM) has said that Nigeria’s ability to secure its future depends heavily on how well the country manages risks and uncertainties across all sectors. The Commissioner …
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BusinessEconomyFinance & ServicesInsuranceNewsPolicies
70% of Nigerians Lack Insurance Coverage, Brokers Raise Concern
About 70 per cent of Nigerians do not have any form of insurance coverage, according to the Nigerian Council of Registered Insurance Brokers (NCRIB). This figure was revealed by Ojo …
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BusinessEconomyFinance & ServicesInsuranceNewsNigeria
Nigeria’s Insurance Industry Premium Hits ₦1.56tn in 2024
The Nigerian insurance industry recorded strong financial growth in the 2024 financial year, with gross written premium (GWP) rising by 56 per cent to ₦1.56 trillion, up from ₦1.00 trillion …
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BusinessDevelopmentEventsInsuranceNews
CIIN, Insurance Stakeholders Walk the Streets of Lagos to Begin 2025 Insurance Week
The Chartered Insurance Institute of Nigeria (CIIN), in partnership with key stakeholders in the insurance industry, began the 2025 Insurance Week with a public awareness walk in Lagos on Saturday, …