By Taiye Olayemi The National Insurance Commission (NAICOM) has pledged regulatory support for the newly unveiled Lagos State Building Insurance Scheme. The Commissioner for Insurance and Chief Executive Officer of NAICOM, Mr Olusegun Omosehin, made the pledge at the official launch of the scheme in Lagos. Omosehin, who was representedContinue Reading
By Taiye Olayemi The Chartered Insurance Institute of Nigeria (CIIN) and insurance industry chief executives have endorsed the Senate’s passage of a bill to rename the National Insurance Commission (NAICOM) as the Insurance Regulatory Commission (IRC). The stakeholders, who spoke in interviews with the News Agency of Nigeria (NAN), saidContinue Reading
By Taiye Olayemi The outgoing President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs Yetunde Ilori, has urged her successor to maintain collaboration among industry stakeholders and continue the reforms started by previous administrations. Ilori gave the advice in Lagos during her virtual valedictory news conference, where she reviewedContinue Reading
By Taiye Olayemi Ms Kesiena Ughwode, Chief Executive Officer of Almond Productions Ltd., says the Almond Insurance Industry Awards has improved prompt operational data updates among insurers. Ughwode, convener of the awards, spoke during a news conference in Lagos, ahead of the fourth edition ceremony. She said insurance firms nowContinue Reading
By Lucy Ogalue The Presidential Enabling Business Environment Council (PEBEC) has called for stronger digital integration among Ministries, Departments and Agencies (MDAs) to improve governance efficiency and ease of doing business in Nigeria. The Director-General of PEBEC, Princess Zahra Audu, made the call during the Retreat for Heads of MDAsContinue Reading
By Taiye Olayemi Insurers say the ongoing linkage of National Identification Numbers (NIN) with insurance policies is progressing steadily ahead of the April 30 deadline set by the National Insurance Commission (NAICOM). The insurers, who spoke with the News Agency of Nigeria (NAN) on Sunday, said they had stepped upContinue Reading
By Taiye Olayemi The National Insurance Commission (NAICOM) has called for greater inclusion of young people in the insurance and pension sectors to enhance industry growth and relevance in a rapidly changing economy. Mr Olusegun Omosehin, Commissioner for Insurance and Chief Executive Officer of NAICOM, made the call while speakingContinue Reading
By Taiye Olayemi Nike Popoola, Publisher of Daily Economy, has chronicled the transformation of Nigeria’s insurance industry over the past 20 years in a newly unveiled book. The book, titled “Trends in Nigeria’s Insurance Industry (2005 to 2025) and Selected Insurance Icons” was unveiled in Lagos in an event, whichContinue Reading
By Taiye Olayemi Senior policymakers, regulators and insurance industry leaders have called for coordinated reforms and stronger collaboration to unlock the growth potential of the insurance industry. The call was made at the 2026 edition of the Insurance Sector Transformation Consultative Forum, in Lagos, with the theme: “Driving Collective AdvocacyContinue Reading
