Tag: #ConsumerProtection
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NIIRA 2025 TO TRANSFORM NIGERIAN INSURANCE, SAYS NSIA CEO
New Insurance Reform Act set to boost trust, efficiency, and investment in Nigeria’s insurance sector. Moruf Apampa, CEO of NSIA Insurance, hails the Nigerian Insurance Industry Reform Act (NIIRA 2025) as a game-changer that strengthens consumer protection with a Policyholder Protection Fund and enforces timely claims settlement. The law aims to attract investments and drive…
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NAFDAC SEIZES OVER 10,000 CARTONS OF UNREGISTERED TOMATO PASTE AND COSMETICS IN LAGOS RAID
NAFDAC’s Investigation and Enforcement team has confiscated 10,000+ cartons of unregistered tomato paste and various cosmetics at Lagos Trade Fair Market, aiming to protect Nigerians from harmful, unregulated products. Dr. Martins Iluyomade stressed that these items pose serious health risks, with deaths from substandard goods surpassing even those caused by Boko Haram. The agency is…
