The International Monetary Fund (IMF) has advised Nigeria and other crude oil exporting countries to …
Read More »NAICOM issues guidelines on policyholder protection fund and sets deadline
The National Insurance Commission (NAICOM) has released guidelines for collection, management and administration of Insured Protection Fund (IPPF). The new guidelines, established under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, introduce a rigorous system of mandatory contributions and oversight designed to ensure that the “protection of policyholders and beneficiaries covered by an insurance policy” remains a top priority. With …
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