NAICOM says over 1.47 million farmers covered under agricultural insurance
The National Insurance Commission (NAICOM) says more than 1.47 million smallholder farmers across Nigeria are now covered under agricultural insurance schemes, ...
Tag: NAICOM
News and stories about NAICOM
NAICOM, fintech players join forces to increase insurance penetration in Nigeria
Nigeria’s insurance sector may soon witness a digital revolution as the National Insurance Commission (NAICOM) and the Fintech Association of ...
Why insurance stocks are rallying and investors cashing in
The Nigerian stock market stayed hot for the 11th straight week, with the All-Share Index jumping 4,491.86 points to close ...
Nigeria raises insurance capital requirements fivefold, sets one-year deadline
The Federal Government of Nigeria has increased the minimum capital requirements for insurance companies by fivefold, giving operators 12 months ...
Police arrests over 1,200 drivers for violating third-party insurance law in Oyo State
The Oyo State Police Command has arrested 1,216 drivers for failing to comply with third-party vehicle insurance regulations, reinforcing the ...
NGX loses N25.27 billion to delisting between January to March 2025, records no new listing
The Nigerian Exchange Limited (NGX) recorded a net market capitalization loss of N25.27 billion in the first quarter of 2025 ...
IGI Plc leads as NAICOM reports 1,571 Policyholder Complaints against Insurers
The National Insurance Commission (NAICOM) has released a report detailing 1,571 complaints filed by policyholders against various insurance companies in ...
NAICOM urges insurers to roll out cyber insurance products in Nigeria
The National Insurance Commission (NAICOM) has called on insurance companies to develop and introduce cyber insurance products in response to ...
NAICOM counters NCIS, warns public against unlicensed third-party motor insurance
The National Insurance Commission (NAICOM) has countered a statement by the National Cooperative Insurance of Nigeria (NCIS), describing it as ...
NAICOM calls on Nigerian insurance companies to leverage on AfCFTA for cross-border expansion
The National Insurance Commission (NAICOM) has called on players in the insurance sector to consider expanding their operations beyond Nigerian ...
