Finance Business

43 Nigerian Insurers Meet Recapitalisation Deadline

Forty-three Nigerian insurance and reinsurance companies have met the new minimum capital requirements introduced under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, marking a major milestone in the industry’s recapitalisation exercise. The National Insurance Commission (NAICOM) announced that the exercise, carried out under reforms signed into law by President Bola Tinubu in 2025, is […]