News
Nigerian insurers oppose tax breaks for foreign firms
10+ hour, 20+ min ago (407+ words) By : Bankole Orimisan Date: 12 January 2026 4:10am WAT A proposal to exempt foreign insurance companies from paying tax on premiums generated from insurance business written in Nigeria has triggered concern in the insurance industry. Operators have warned that such a move could…...
‘70m uninsured informal workers pose risk to economy’
3+ mon, 1+ week ago (131+ words) By : Bankole Orimisan Date: 30 Sep 2025 ALSO speaking at the forum, former Commissioner for Insurance, Sunday Thomas, corroborated the losses and urged operators to simplify processes, adopt digital technology, and consider setting up micro PFAs (Pension Fund Administrators) embedded within communities…...
NAICOM, NCRIB step up coordination to drive insurance reform
3+ mon, 2+ week ago (353+ words) By : Bankole Orimisan Date: 23 Sep 2025 The National Insurance Commission (NAICOM) and the brokers" body have agreed to deepen cooperation as the sector prepares for sweeping regulatory changes and a push to expand coverage among households and businesses in the country....
Private sector must take proactive role in shaping reforms, says Coronation Insurance MD
5+ mon, 4+ week ago (320+ words) By : Guardian Nigeria Date: 14 Jul 2025 The Managing Director and Chief Executive Officer of Coronation Insurance Plc, Olamide Olajolo, has called on the organised private sector to take a proactive role in shaping Nigeria's economic reforms rather than merely responding to…...