Tag: #NIIRA2025
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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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NIGERIAN STOCK MARKET CLOSES WEEK LOWER AMID PROFIT-TAKING, WEEKS AFTER BULLISH RUN
The Nigerian stock market ended the week down by 0.56%, with market capitalisation dropping by N516 billion to N92.214 trillion. The All-Share Index fell by 815.80 points to 145,754.91, pressured mainly by profit-taking in stocks like Abbey Mortgage Bank, Custodian Investment, and Deap Capital Management. Despite the dip, market breadth was positive with 42 gainers,…
