In Nigeria, insurance companies have a twelve-month deadline, until July 2026, to comply with the new minimum capital thresholds introduced by the recent sector reform law, enacted in early August by President Bola Ahmed Tinubu. The National Insurance Commission (NAICOM), responsible for overseeing the implementation of these provisions, has announced the creation of an 11-member…...
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Nigeria: Deadline for recapitalization of the insurance sector set for July 2026
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