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: Nigerian insurance 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.
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.
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.
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.
Lawyers Condemn Media Trial of NMDPRA CEO Farouk Ahmed
A coalition of 40 lawyers has condemned baseless corruption allegations against NMDPRA CEO Engr. Farouk Ahmed, warning against media trials that undermine Nigeria's oil sector. Read their full defence.
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.
Lawyers Slam Dangote Over NMDPRA Corruption Allegations
A coalition of 40 Nigerian lawyers has dismissed Aliko Dangote's corruption claims against NMDPRA's Farouk Ahmed as unfounded, warning against media trials. Read their full statement.
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.
Nigerian Shippers Protest Hostile Port System, High Costs
Nigerian shippers raise alarm over excessive levies, delays, and corruption at seaports, threatening trade. Calls for Single Window implementation grow. 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.
Imemba: Nigeria Must Focus on Net Value, Not Just Local Content %
TotalEnergies Nigeria's Obi Imemba calls for a strategic pivot in implementing Nigeria's local content law, advocating for maximizing net value retention over rigid percentage targets. Read his full proposal.
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
AMCON Repays N3.6trn to CBN, Pursues 3,000 Court Cases
Nigeria's AMCON has repaid N3.6 trillion to the CBN from debt recovery and asset sales since 2010. The corporation still owes N3 trillion and is engaged in over 3,000 lawsuits. Read the full report.
Europe's Best Health Insurance Plans for Families
Protect your family's future with the right health insurance. Our guide covers key features, plan types, and how to choose comprehensive coverage to avoid financial strain from medical costs.
16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
High Energy Costs Threaten Nigerian Manufacturing - FG
The Federal Government warns that energy costs now consume 40-60% of manufacturers' expenses, eroding Nigeria's industrial edge. Minister John Owan Enoh calls for urgent action. Read more.
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