9 h. ago The Nigerian Insurance Industry Reform Act 2025 – Navigating compliance

Introduction On Tuesday, August 5, 2025, the Nigerian President, Bola Ahmed Tinubu signed into law the Nigerian Insurance Industry Reform read more The Nigerian Insurance Industry Reform Act 2025 – Navigating compliance

Politics

31 h. ago KBL Insurance rides on sector reform to drive compulsory insurance

KBL Insurance Limited is leveraging the Nigerian Insurance Industry Reform Act (NIIRA) 2025 to drive compulsory insurance across Nigerian homes read more KBL Insurance rides on sector reform to drive compulsory insurance

Politics

37 h. ago Guinea Insurance Premium Hits N2.94bn As Shareholders Approve Recapitalisation Plan

Guinea Insurance Plc shareholders have approved the company’s raising additional capital when necessary, in accordance with the Nigerian Insurance Industry Reform Act 2025 (NIIRA 2025). The shareholders, at the company’s 67th annual general meeting (AGM) held virtually, said this approval would give the insurer flexibility to strengthen its capital base, comply with upcoming regulatory benchmarks, […]

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1 week ago NIIRA 2025 to strengthen insurance growth, boost public confidence —NCRIB President

Tribune Online NIIRA 2025 to strengthen insurance growth, boost public confidence —NCRIB President The President and Chairman of the Governing Board of the Nigerian Council of Registered Insurance Brokers (NCRIB), Prince Babatunde Oguntade, has highlighted the far-reaching benefits of the newly enacted Nigerian Insurance Industry Reform Act (NIIRA) 2025, describing it as a game-changer for the sector and the wider economy. Delivering a goodwill message at the 2nd […] NIIRA 2025 to strengthen insurance growth, boost public confidence —NCRIB President Tribune Online

Politics

2 w. ago New Law Offers N2m Medical Compensation For Uninsured Accident Victims

The new insurance law has been introduced to help victims of road accidents involving uninsured vehicles. Under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, anyone injured in an accident caused by a car without insurance can now receive up to N2 million in medical compensation. This law aims to ensure that accident victims are […]

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2 w. ago Recapitalisation: Experts flag risks in valuing insurers without template

To proceed with insurance industry recapitalisation as provided in the Nigerian Insurance Industry Reforms Act (NIIRA) 2025, the industry regulator read more Recapitalisation: Experts flag risks in valuing insurers without template

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3 w. ago Reshaping Nigeria’s Insurance Landscape: The recapitalisation mandate under the Nigerian Insurance Industry Reform Act 2025

INTRODUCTION On 5th August 2025, President Bola Ahmed Tinubu assented to the Nigerian Insurance Industry Reform Act (the ‘‘Act’’), 2025, read more Reshaping Nigeria’s Insurance Landscape: The recapitalisation mandate under the Nigerian Insurance Industry Reform Act 2025

Politics

3 w. ago How NAICOM’s new law seeks to end Nigeria’s building collapse tragedy

By Henry Uche mercy4henryuc@gmail.com No more excuses! That is the key message of the National Insurance Commission (NAICOM) to builders and homeowners, as it begins invoking its powers enshrined in the Nigerian Industry Insurance Act (NIIRA) 2025, to tackle the rising scourge of building collapses in Nigeria. For decades, the haunting images of collapsed buildings, […] The post How NAICOM’s new law seeks to end Nigeria’s building collapse tragedy appeared first on The Sun Nigeria.

Politics

3 w. ago Insurance reform success hinges on governance structure – Odukale

As the Nigerian insurance industry regulatory reform towards public awareness and evolving customer expectations heighten with recapitalisation at the forefront read more Insurance reform success hinges on governance structure – Odukale

Politics

3 w. ago Insurers embrace innovation as 87% executives back shared solution

The Nigerian insurance industry have signalled its determination to embrace innovation through shared collaboration that will not only expand market read more Insurers embrace innovation as 87% executives back shared solution

Politics

4 w. ago Stransact Partners NRS To Enlighten Businesses About New Tax Law

Stransact Chartered Accountants, in collaboration with the Nigeria Revenue Service (NRS), enlightened corporate taxpayers and business owners on Wednesday on how to navigate Nigeria’s new tax landscape. At a one-day seminar for corporate taxpayers and business owners held in Lagos on the theme ‘Navigating Nigeria’s New Tax Landscape: Understanding the 2025 Tax Reform Acts and […]

Economics

last month Insurance Operators Laud NIIRA Presidential Assent As Catalyst For Market Growth, Inclusion

The Nigerian insurance industry has backed the signing of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 into law, viewing it as a crucial catalyst for significant market growth and enhanced financial inclusion. Insurance operators and brokers nationwide see the Act as a pivotal step aligned with President Bola Ahmed Tinubu’s vision of building a […]

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