Stakeholders Urge Overhaul of Health Insurance to Save Lives
Health stakeholders call for urgent reform of Nigeria's dysfunctional health insurance scheme after a free medical outreach in Port Harcourt highlights the deadly cash-and-carry system.
Category : Search result: insurance sector Nigeria
Banking Trust Relies on Cybersecurity & AI - Union Bank CITO
Union Bank's Wale Williams highlights AI-driven cybersecurity and regulatory compliance as pillars for sustaining customer trust in Nigeria's expanding digital banking sector.
WARDC Roundtable Tackles Nigeria's Maternal Health Crisis
A high-level policy roundtable by WARDC and Amplify Change calls for political will and funding to stop preventable maternal deaths in Nigeria. Experts and lawmakers outline solutions.
Lagos Market Fire: Lady Cries Out Over Warehouse Safety
A Nigerian businesswoman shares her distress as her warehouse sits dangerously close to the raging fire at the 22-storey Great Nigeria Insurance House in Lagos Island. See the dramatic video and details.
Universal Insurance Gets BBB- Rating from Agusto & Co
Agusto & Co assigns a BBB- rating with a stable outlook to Universal Insurance Plc, citing strong 2024 results, robust solvency, and improved profitability. Discover the key figures behind the rating.
12m Nigerian Girls Vaccinated Against HPV in 2 Years
Nigeria's health ministry announces a landmark achievement: over 12 million girls aged 9-14 vaccinated against HPV to prevent cervical cancer. A key success of the Renewed Hope Agenda.
Fire Outbreak at Great Nigeria Insurance House in Lagos
A major fire has gutted the 22-storey Great Nigeria Insurance House on Lagos Island. Emergency services are battling the blaze as the number of casualties remains unknown. Get the latest updates.
Seafarers Seek Tax Clarity Ahead of 2026 Regime
Nigerian maritime stakeholders call for tax exemptions and clear guidelines for seafarers before the 2026 tax reform. They warn the new regime could unfairly burden this vital workforce.
Nigeria, U.S. Sign $5.1 Billion Health Security Agreement
Nigeria and the US have signed a landmark $5.1 billion health agreement, blending $2.1B in US grants with $3B in Nigerian funding. This pact aims to strengthen primary healthcare and disease response from 2026-2030.
Petrol Station Workers Demand Health Insurance from IPMAN
Labour advocates urge IPMAN to provide health insurance for petrol station workers nationwide, citing daily exposure to toxic fumes and fire hazards. This follows NNPCL's new scheme for its retail workers.
NAICOM Expands Takaful Insurance for Market Inclusion
NAICOM pushes for Takaful insurance growth to include underserved Nigerians. New 2025 law provides legal backing. Read how this ethical model will reshape the industry.
NCRIB Calls for Stronger Synergy Among Insurers
NCRIB President Ekeoma Ezeibe calls for a unified insurance industry to unlock Nigeria's economic potential. Learn how collaboration can drive growth and innovation.
Dangote, Others Honoured in Downstream Petroleum Awards
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
US Commits $2.1bn to Nigeria Health, $200m for Christian Facilities
The US and Nigeria have signed a landmark $5.1 billion health agreement. The deal includes $200 million specifically for over 900 Christian faith-based health facilities serving millions nationwide.
Private Sector Joins Push for Stability in Nigeria
Key Nigerian private sector actors unite with civil society to design market-driven strategies for economic resilience and preventing violent extremism in fragile states. Discover the innovative plans.
Cheating Wife, Lover Jailed for Plot to Kill Husband
Michelle Mills and Geraint Berry sentenced to 19 years for a devious plot to murder her husband and claim his life insurance. The victim bravely fought off masked attackers.
Air India Crash: Victim Families, Survivor Get Compensation
Following the 2025 Air India Boeing 787 crash, interim compensation has been paid to the lone survivor, victims' families, and ground survivors. Total liabilities reach hundreds of millions of dollars. Read the full report.
Taraba Flags Off Digital Health Referral System
Taraba State launches an E-Referral and Claims Management System under its health insurance scheme, aiming to provide seamless healthcare for over 112,000 enrollees and move towards universal coverage.
Okada Riders Clash with Ogun Councils Over N200 Insurance Fee
Commercial motorcyclists in Abeokuta protest a new N200 daily health insurance levy, calling it exploitation. Council chairmen defend the scheme as vital welfare. Read the full story.
Okada Riders Kick Against Daily Insurance Fee in Ogun
Okada riders in Abeokuta protest a new ₦200 daily insurance premium, calling it an extra burden. Council chairmen defend the scheme as vital health coverage. Read the full story.
NDIC Details N2m Payout for Failed Mortgage Banks
The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.
Nigeria Intensifies Fight Against Unaffordable Healthcare
Federal and state governments, with global partners, are ramping up efforts to make healthcare affordable for all Nigerians. Key strategies include expanding health insurance and systemic reforms under the NHSRII initiative.
NCoS, NHIA to Integrate Inmates into Health Insurance
Nigerian Correctional Service and NHIA collaborate to provide health insurance coverage for inmates, aiming to improve rehabilitation and reduce recidivism. Learn more about this landmark initiative.
House of Reps Intervenes in Dangote, NMDPRA Dispute
The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.
SUNU Assurance Secures N9bn Capital Raise Approval
SUNU Assurance shareholders approve N9 billion capital raising to meet new NIIRA 2025 requirements. The move aims to strengthen the firm's financial capacity before the July 2026 deadline.
NAICOM: Recapitalisation Vital for AfCFTA Readiness
NAICOM states Nigeria's insurance recapitalisation is crucial for local firms to compete under AfCFTA. Only well-capitalised firms can handle cross-border risks. Read more.
NDIC Reiterates N5m Deposit Insurance Cover
NDIC MD reassures depositors of N5m insurance cover, details collaboration with CBN for supervision, and warns against Ponzi schemes. Read key insights from Kano Trade Fair.
UK PACT Tackles Air Pollution in Nigeria's Transport Sector
UK PACT launches a national project to equip Nigerian businesses with tools to reduce greenhouse gas emissions and air pollution from transport, aiming to save lives and boost green growth.
NDIC Assures Deposit Safety, Warns Against Fraudsters
NDIC MD reassures Nigerians of deposit safety with up to ₦5m insurance. He warns against Ponzi schemes and details collaboration with CBN for banking stability. Visit their Trade Fair pavilion for more.
NHIA, HFN Set 2026 Target for Health Insurance Scale-Up
Nigeria's NHIA and private sector leaders target 2026 to enroll millions from the informal sector into health insurance. Success hinges on digital tools, enforcement, and rebuilding public trust. #HealthInsurance #UHC
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