Tuesday, July 14, 2026

Nigerian Insurance Industry Reform Act (NIIRA)

January 20, 2026

Gov Otti endorses NCRIB’s ‘One Insurance Industry’ initiative

Mr Otti also pledged the state government’s support to drive insurance awareness and deepen industry growth.

Otti signing document
August 19, 2025

Shareholders seek tax relief to drive insurance reforms

He noted that Nigeria’s tax reforms had been largely insensitive to the peculiar challenges of different industries.

Tax
August 15, 2025

Recapitalisation: NAICOM gives insurance firms 12-month compliance period or risk liquidation

NIIRA introduced a shift to a risk-based capital (RBC) framework for insurance and reinsurance companies in the country.

NAICOM

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