Digital economy: FG to develop regulations, cyber insurance for e-commerce in Nigeria
The federal government is planning to develop regulations to guide the operations of e-commerce platforms in the country as well ...
Tag: NAICOM
News and stories about NAICOM
Top Nigerian insurance firms pay N40.439 billion in claims in Q1 2024
Leading insurance companies in Nigeria disbursed N40.439 billion in claims during the first quarter of 2024, compared to N33.869 billion ...
NAICOM orders African Alliance Insurance to resolve outstanding customer claims
The National Insurance Commission (NAICOM) has mandated the Board of African Alliance Insurance Plc to address and settle all outstanding ...
International aircraft lessors say Nigeria’s local insurance market cannot handle dry-lease risks – Keyamo
Festus Keyamo, Minister of Aviation and Aerospace Development, has stated that international aircraft lessors and manufacturers require insurance to be ...
Tunde Hassan-Odukale steps down from Leadway Assurance, Gboyega Lesi is now Acting MD
Leadway Assurance Limited has announced the appointment of Gboyega Lesi as its acting Managing Director on January 1, 2024, pending ...
Insurance companies collected N729.1 billion in premiums in the first three quarters of 2023
Insurance companies generated N729.1 billion in premiums during the first three quarters of 2023, marking a substantial increase of N196 billion compared ...
The Unseen Shield: How Ignorance of Third-Party Motor Insurance leaves Nigerian Motorists Exposed
In the bustling streets of Lagos, a seemingly mundane collision underscored a widespread misunderstanding about third-party motor insurance among Nigerian ...
Government agencies identify benefits of insurance cover for losses from cybercrime
NAICOM and (NITDA) have joined forces to initiate the process of formalizing cyber insurance as stated in a press release ...
Does Insurance Work in Nigeria?
The fundamental idea of insurance is to reduce risks, offer financial security, and encourage investment opportunities. The National Insurance Commission ...
Insurance industry generates N726 billion gross premium for Q4 2022
Nigeria’s insurance industry generated the sum of N726.2 billion as gross premium income as of the fourth quarter of 2022.
