BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission,((NAICOM),  on Monday said only eight insurance companies are yet to be verified by the commission. The commission disclosed this today while releasing the 43 insurance firms that met the new minimum capital requirements set up by NIIRA According to NAICOM “The eight insurance companies submitted evidence of compliance shortly […] The post FULL LIST: NIIRA 2025: NAICOM Eyes Liquidation for Non-Compliant Operators appeared first on Business Today NG.

A while back, I sat in an office pitching for funding to build infrastructure for a mid-premium educational experience. I read more Where I see education in Nigeria in the next 5 years

First HoldCo Plc has become the first bank in Nigeria’s history to surpass a market capitalisation of N6 trillion, driven read more Nigeria’s oldest bank crosses N6trn market capitalisation for the first time

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc,  on Monday reassured investors that it has met the recapitalization deadline as stipulated by NAICOM but still awaiting the final review which is being carried out with the appointed Consultant, (Ernst & Young) in conjunction with NAICOM. It would recalled that the commission today released names of 43 insurance […] The post Recapitalisation: Sovereign Trust Allays Fears, Says Rights Issue Pushes Capital Past Target appeared first on Business Today NG.

BY NKECHI NAECHE-ESEZOBOR—KBL Insurance Limited has officially surpassed the National Insurance Commission’s (NAICOM) ₦15 billion capital base under the Nigeria Insurance Industry Reform Act (NIIRA) 2025, exceeding the statutory benchmark by over ₦600 million. The company confirmed this in a statement released today that with the new capital base, the insurer is positioned to expand […] The post NIIRA 2025 Compliance: KBL Insurance Beats Regulatory Capital Threshold by Over ₦600m appeared first on Business Today NG.