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. …
The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have joined forces to enforce compulsory Third-Party Motor Insurance across Nigeria. The two government agencies inaugurated a Joint …
Lasaco Assurance Plc has announced that it successfully raised about N11.1bn in fresh capital through a private placement, as part of efforts to meet the 2026 recapitalisation deadline set by …
The National Insurance Commission (NAICOM), the Federal Road Safety Corps (FRSC), and the National Health Insurance Authority (NHIA) have entered into a strategic partnership to enforce compulsory motor insurance and …
Prudential Zenith Life Insurance Company Limited has announced that it has exceeded the minimum capital requirement set under the new Nigerian Insurance Industry Reform Act (NIIRA) by N19.3 billion, positioning …
The National Insurance Commission (NAICOM) has revealed that Nigeria is losing about $2 billion every year to capital flight as multinational companies provide health insurance for their employees through foreign …
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. …
The Fintech Association of Nigeria, known as FintechNGR, has stepped up its efforts to build stronger ties with regulators and lawmakers in order to grow the country’s financial technology sector. …
The President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori, has said that the Nigerian insurance industry is entering a new era of growth and stability following …
Cornerstone Insurance Plc has announced changes to its board of directors, with the exit of Mr. Emeka Anthony Ogbechie and the appointment of Mr. Ejakhaluse Zoe Omonkhogbe as a Non-Executive …