Mutual Benefits Assurance Plc has allayed concerns arising from recent media reports referencing a sanction previously imposed by the Nigerian Exchange Limited (NGX) over delays in...
Mutual Benefits Assurance, a leading Nigerian insurance company, has paid a total of ₦5,937,665,353.57 in claims to policyholders in January 2026 alone, underlining its strong financial...
The National Insurance Commission, NAICOM, has directed all individual insurance customers to link their National Identification Number, NIN, to their insurance policies by April 30, 2026....
Nigerian Insurance Industry Reform Act (NIIRA) 2025, the new insurance law, has provided up to N2 million in medical compensation for victims of road accidents involving...
The House of Representatives has launched an investigation into 25 insurance companies over alleged financial infractions that have reportedly led to the loss of hundreds of...
National Insurance Commission (NAICOM) has urged Nigerian insurance companies to develop and introduce cyber insurance products. This is in response to the escalating digital risks accompanying...
The Nigerian Electricity Management Services Agency has signed a Memorandum of Understanding with the National Insurance Commission to enhance electrical safety compliance in residential, commercial, and...
Nigerian Data Protection Commission (NDPC) and National Insurance Commission (NAICOM) have signed a Memorandum of Understanding (MoU) to protect data pilfering in the insurance industry. The...
Mr. Tony Elumelu, chairman, Heirs Insurance Group, has proposed N30 billion and N20 billion as capital base for general and non-group life insurance firms operating in...
National Information Technology Development Agency (NITDA) is exploring partnership and collaboration with the National Insurance Commission (NAICOM) on how to institutionalise Cyber Security Insurance in the...
