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NIIRA 2025
NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval
BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128...
NAICOM Recapitalisation: Policarp Didam Commends NAICOM, Warns Ministry of Finance Against Interference
BY NKECHI NAECHE-ESEZOBOR—Policarp Didam, former Managing Director of Royal Exchange Prudential Life Plc, has applauded the leadership of the National Insurance Commission,(NAICOM), led...
Sovereign Trust Insurance Meets NAICOM’s New Recapitalisation Threshold, Reaffirms Market Confidence
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc, has successfully met the new recapitalisation requirement for non-life insurance companies prescribed by the National Insurance Commission...
NIIRA 2025: NAICOM Clears Final Seven Firms
BY NKECHI NAECHE-ESEZOBOR—The National insurance Commission (NAICOM) on Thursday clear seven additional companies that have successfully met the minimum capital requirements as stipulated...
NAICOM Recapitalisation: Mohamed Kari Urges Finance Minister to Resist Political Lobbying by Failing Insurers
BY NKECHI NAECHE-ESEZOBOR—Former Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Alh. Mohamed Kari, on Wednesday called on the...
Insurers Back NAICOM’s Recapitalisation Framework, Celebrate Milestone Success
BY NKECHI NAECHE-ESEZOBOR—The Nigerian Insurers Association (NIA) on Wednesday reaffirmed its strong support for the National Insurance Commission (NAICOM) following the successful completion...
NAICOM Recapitalisation: Open Letter To The Honourable Minister Of Finance By Mohamed Kari, Former Commissioner For Insurance,NAICOM
OPEN LETTER TO THE HONOURABLE MINISTER OF FINANCE 12th August 2026 Federal Ministry of Finance Abuja, Nigeria Enforcing a level playing field...
Why Capital Base Alone Won’t Attract Foreign Investors to Insurance Sector — SEC Commissioner
BY NKECHI NAECHE-ESEZOBOR—The successful completion of recapitalization exercise in Nigeria’s insurance sector marks a new beginning and a new phase of growth for...
