August 9, 2025

Nigerian Insurance Industry

General Insurance

President Tinubu Signs Nigerian Insurance Industry Reform Act 2025 Into Law 

Abuja, Nigeria | August 8, 2025   President Bola Ahmed Tinubu has signed into law the Nigerian Insurance Industry Reform Act (NIIRA) 2025, a landmark legislation aimed at modernizing and regulating Nigeria’s insurance sector, particularly in the digital space. Under the new Act, specifically Section 201, individuals and entities offering insurance services through online platforms

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