Insurance key to economic growth, investor confidence — NAICOM
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has stressed the importance of insurance in driving economic growth, protecting businesses and boosting investor confidence, describing insurance awareness as essential for…
NAICOM approves first Insurtech operator in Nigeria
L-R: Mr Suleiman Olalekan Ajani (MD/CEO) CBI Insurtech and Mr Ekerete Ola Gam-Ikon (Deputy Commissioner Finance and Administration National Insurance Commission).
NAICOM foils internal disruption attempt, defends welfare record
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) on Monday disclosed that it successfully resisted an internal attempt to undermine its leadership, even as it defended its record on staff…
NAICOM unveils IPPF’s guidelines to safeguard insurance customers
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has issued comprehensive guidelines for the collection, management, and administration of the Insurance Policyholders’ Protection Fund (IPPF), aimed at strengthening policyholder protection…
NAICOM, NCGC move to boost MSME, consumer financing
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) and the National Credit Guaranty Company (NCGC) have initiated moves to strengthen collaboration aimed at unlocking financing for micro, small and medium…
NAICOM unveils new insurance reforms, pledges transparency
Barbara Bako, Abuja. The National Insurance Commission(NAICOM) has launched a new phase of regulatory reforms and tighter oversight as it opened its 2026 management retreat in Uyo, Akwa Ibom State,…
NAICOM, Finance Ministry push NIIRA 2025 compliance
Barbara Bako, Abuja. The Federal Government has reaffirmed its commitment to deepening insurance reforms and positioning the sector as a major driver of Nigeria’s economic transformation through the implementation of…
NAICOM, FRSC team up to enforce motor Insurance
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have inaugurated a Joint Committee to enforce compulsory third-party motor insurance across Nigeria. In a…
Coinsurance ban puts spotlight on Nigeria’s Takaful industry
By Barbara Bako, Abuja. A new regulatory guideline banning coinsurance arrangements between conventional insurance and Takaful companies represents a significant shift for the industry. This change will test the resilience…
NAICOM unveils recapitalisation plan for $1trn economy goal
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has set up an 11-member committee to implement the 2025 recapitalisation programme aimed at strengthening the sector and supporting Nigeria’s $1 trillion…













