Two Nigerian insurance companies, AXA Mansard Insurance and International Energy Insurance Plc, have projected a combined profit before tax of about N5.53bn for the first quarter of 2026. The projections …
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Digital EconomyDigital TransformationEconomyFinancial InclusionGovernment PolicyInsuranceNewsNigeria
NAICOM Launches Implementation Plan for National Insurance Industry Reform Agenda 2025
The National Insurance Commission (NAICOM) has officially launched a detailed implementation strategy for the National Insurance Industry Reform Agenda (NIIRA) 2025, marking a major step toward overhauling Nigeria’s insurance sector. …
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BusinessEconomyFinanceInsurancePoliciesRegulation
Experts Say NIIRA 2025 Will Boost Insurance Sector’s GDP Contribution
Industry experts have projected that the Nigerian Insurance Industry Reform Act 2025 (NIIRA) will boost the insurance sector’s contribution to the Gross Domestic Product and restore confidence in the industry. …
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BusinessEconomyFinancial RegulationFintechGovernment PolicyInsurance
Tinubu’s Insurance Reform Act 2025 Set to Transform Nigeria’s Insurance Industry
Nigeria’s insurance industry is preparing for major changes following the signing of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 by President Bola Ahmed Tinubu earlier this month. The new …
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BusinessEconomyFinance & ServicesInsuranceINVESTMENTNewsNigeria
Nigeria Liability Insurance Pool Reports 118% Growth in Net Surplus for 2024
The Nigeria Liability Insurance Pool (NLIP) has announced a significant financial performance for the 2024 fiscal year, posting a net surplus of ₦708.24 million, a 118 per cent increase from …