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November 12, 2025

Insurance Reform

Making Sense of the New Insurance Reform Act

Nigeria’s insurance industry is going through one of its biggest shifts. With the introduction of the Nigerian Insurance Industry Reform Act (NIIRA), the rules guiding insurers, businesses, and policyholders have been updated to reflect today’s realities. The goal is simple: boost trust, strengthen operators, protect customers, and encourage innovation. This is timely.Insurance penetration in Nigeria …

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Bola’s life was simple, steady, and full of routine. She ran a small catering business, supported her younger sister through university, and made ends meet comfortably. But one Sunday afternoon changed the way she thought about the future. Her neighbour, a cheerful man everyone called Uncle Ray, passed away unexpectedly. The whole neighbourhood was shocked, …

How Life Insurance Protects Your Loved Ones in Unexpected Times Read More »

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