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NAICOM, Industry Leaders Praise New Book on Nigeria’s Insurance Sector

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The National Insurance Commission (NAICOM) and key stakeholders in Nigeria’s insurance industry have commended the launch of a new book chronicling the sector’s evolution over the past two decades, describing it as a significant contribution to industry knowledge, policy development, and institutional memory.

Speaking at the second anniversary of Daily Economy and launch of the book titled “Trends in Nigeria’s Insurance Industry (2005–2025) & Selected Insurance Icons” in Lagos, Omosehin described the past two decades as a transformative period for the industry.

Represented by the Director of Human Resources and Administration at NAICOM, Rasaaq Salami, he said sustained reforms, innovation, and regulatory interventions have driven growth, financial inclusion, and industry relevance.

He commended Daily Economy and the author, Nike Popoola, noting that her dedication, consistency, and depth of coverage have culminated in an exceptional body of work. He described the book as a strategic documentation of transformation, leadership, resilience, and institutional evolution.

Chairman of the occasion, the Chairman of Prestige Insurance Brokers Limited, Prince (Dr.) Feyisayo Soyewo, MFR , applauded Popoola for her relentless efforts in documenting industry activities, particularly her contribution to insurance education and knowledge development.

The Group Managing Director/CEO of African Reinsurance Corporation, Dr. Corneille Karekezi, who was the Special Guest of Honour, also praised the publisher, noting that her stories are being consistently read.

Similarly, President of the Chartered Insurance Institute of Nigeria, Mrs. Yetunde Ilori, described Popoola as a hardworking journalist committed to the growth and development of the industry, adding that her versatility has driven Daily Economy’s progress over the past two years.

Chairman of the Nigerian Insurers Association, Mr. Kunle Ahmed, represented by the Director-General, NIA, Mrs. Bola Odukale, said Popoola is a valuable asset to the insurance industry, noting that her new book has become a lasting documentary that will outlive its author.

President of the Nigerian Council of Registered Insurance Brokers, Ekeoma Ezeibe, also applauded the publisher’s exemplary character, noting that it is positively impacting her platform, which continues to grow rapidly.

Popoola previously worked at Punch Nigeria Limited, where she rose to the position of assistant editor before becoming the publisher of Daily Economy.

Representing the Managing Director/Editor-in-Chief of PUNCH, Joseph Adeyeye, the General Manager, Production, Olayinka Popoola, paid tribute to her transition from a distinguished journalist to an industry authority.

“Nike was an outstanding reporter, hardworking, disciplined, and deeply committed to excellence. It is no surprise that the same depth she brought to journalism at PUNCH has produced this important book. She has risen to become one of the few authorities who have codified their experience for the advancement of the sector,” Adeyeye said.

The book reviewer and CEO of NCRIB, Tope Adaramola, also commended the publication, noting that it reflects key industry milestones in the period under review. 

Popoola said the publication embodies Daily Economy’s commitment to deepening financial literacy, preserving institutional memory, and contributing to knowledge within the insurance ecosystem.

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