3+ hour, 53+ min ago  (247+ words) Sovereign Trust Insurance Plc has completed the structuring phase of its planned N5 billion Rights Issue, marking a key step in its capital-raising programme ahead of the recapitalisation deadline set under the Nigerian Insurance Industry Reform Act 2025 (NIIRA). The underwriting firm…...

1+ week, 6+ day ago  (438+ words) Insurance penetration in Nigeria remains stubbornly below one percent despite rising awareness, underscoring a persistent trust gap that operators are increasingly working to close. What is beginning to shift that narrative, however, is the growing power of customer testimonials, real-life…...

3+ week, 3+ day ago  (520+ words) AXA Mansard is stepping up efforts to close the financing gap faced by female entrepreneurs, rolling out targeted funding and support initiatives aimed at women-led businesses. The move underscores a broader push within Nigeria's financial services sector to unlock the…...

3+ week, 3+ day ago  (996+ words) Nigeria's new tax rules are changing how insurance companies calculate their profits, closing gaps that previously reduced tax payments and raising fresh concerns about pricing, competition, and growth in an industry worth over N1. 5 trillion in gross premiums. The changes, introduced…...

1+ mon, 15+ hour ago  (9+ words) Nigeria sees first blockchain-enabled mutual insurance model'Businessday NG...

1+ mon, 6+ day ago  (314+ words) L-R: Cordelia Ekeocha, head, Marketing and Corporate Communications Group; Abimbola Akinloye, head, General Business Underwriting; Akinjide Afolabi, regional Manager, Stephen Alangbo, GMD/CEO; Temitope Adobe, team lead, Victoria Island Branch; and Valerie Erewa, Warri Branch Manager at the award ceremony…...

1+ mon, 1+ day ago  (722+ words) Nigeria's Bureau of Public Procurement (BPP) could double its N1. 1 trillion savings, recovered last year by tightening enforcement with insurance-backed bonds across public procurements. The initiative, in collaboration with the National Insurance Commission (NAICOM), will make instruments such as bid bonds,…...

1+ mon, 1+ week ago  (674+ words) This development may appear like a routine market adjustment, but its implications are far-reaching for the stability, competitiveness, and future growth of the industry. At the heart of the current shift is the recapitalisation directive issued by the National Insurance…...

1+ mon, 3+ week ago  (1113+ words) Commerce is ingrained in the identity and history of Nigeria. From the markets in Kano and Onitsha, to the ones in Lagos and Port Harcourt, businesses, irrespective of their sizes, have been the core of the nation at large. However,…...

3+ mon, 4+ week ago  (310+ words) As the New Year begins, KBL Insurance Limited has reaffirmed its unwavering commitment to transparency, data integrity, and regulatory compliance, in alignment with the Nigeria Insurance Industry Reform Agenda (NIIRA) 2025. This is as it plans big to comply with the…...