Category : Search result: Nigerian insurance sector


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.

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.

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.

NUPRC: Making Oil & Gas Work for Nigerians

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is leading a historic shift towards transparency and accountability in the oil sector, turning a 'resource curse' into a national blessing. Discover how this reform benefits citizens.

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.

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.

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.

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

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.

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