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Insurance World
CBN issues regulations for non-security virtual assets, effective November 5,
BY NKECHI NAECHE-ESEZOBOR—The apex regulator, the Central Bank of Nigeria (CBN) on Friday issued regulations for the Operations of Non-Security Virtual Assets in...
Tangerine General Insurance, emPLE Nigeria Join IMT 5.0 as Sponsors
Insurance Meets Tech (IMT), West Africa’s leading platform for conversations and collaborations across insurance, technology, innovation, and financial inclusion, announces emPLE Nigeria as...
Stanbic IBTC Insurance pays over ₦8.9 billion in claims and annuity benefits in 2025
Stanbic IBTC Insurance Limited paid over₦8.9 billion in death claims and annuity benefits in 2025, extending five years of growth in the value...
Leadway Assurance Returns as Official Insurer of Lagos International Trade Fair
Leadway Assurance Limited has been named the Official Insurer of the 2026 Lagos International Trade Fair (LITF) for the second consecutive year. The...
FG Backs Risk-Based Capital, Urges Insurance Directors to Move Beyond Passive Compliance
BY NKECHI NAECHE-ESEZOBOR—The Federal Government has thrown its weight behind risk-based capital in the insurance industry and urged insurance company boards to move...
Insurance Directors Board Membership Not an Honorary Appointment-says NAICOM
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) on Thursday told directors of insurance companies that board membership is not an honorary appointment. The...
NAICOM Names Former AfDB President Adesina as Insurance Ambassador
BY NKECHI NAECHE-ESEZOR—The National Insurance Commission (NAICOM) has named the former President of the African Development Bank Group, Dr. Akinwumi Adesina, as Insurance...
STI Delivers 296% Profit Growth as Equity Rises to ₦21.5bn in Nine Months
Sovereign Trust Insurance Plc (STI) has reported a significant improvement in profitability for the nine months ended 30 September 2026, with profit after...
