InsuranceSector

Lagos: The National Insurance Commission (NAICOM) has reaffirmed its resolve to deliver a transparent, credible, and expertly managed recapitalisation process to fortify the insurance industry. A statement by the Commission …

Lagos: Sovereign Trust Insurance Plc has confirmed the appointment of Dr. Lucas Durojaiye as its new Managing Director (MD), following the retirement of Mr. Olaotan Soyinka, who stepped down after …

Lagos, Nigeria: NEM Insurance Plc has reported revenue of ₦75.41 billion for the second quarter of 2025, reflecting strong underwriting performance and sustained growth across its insurance portfolio. The result …

Lagos, Nigeria: Lagos, Nigeria — The Nigerian insurance sector witnessed a modest slowdown in trading activity last week, as investors exchanged 481.1 million shares valued at ₦1.41 billion across 10,655 …