NAICOM Gives Insurers 14 Days to Meet Capital Deadline

By Oluwakemi Kindness The National Insurance Commission (NAICOM) has given insurance companies 14 days to meet the July 31, 2026 recapitalisation deadline, warning that the timeline is mandatory and will not be shifted. Commissioner for Insurance, Olusegun Ayo Omosehin, issued the warning on Friday at the investiture of Akinjide Orimolade as the 53rd President and […]
NAICOM Urges States to Embed Insurance in Loan Schemes

By Oluwakemi Kindness The Commissioner for Insurance, National Insurance Commission (NAICOM), Olusegun Ayo-Omosehin, has urged state governments to integrate insurance into loan schemes and poverty alleviation programmes. Omosehin said this will serve as part of efforts to strengthen economic resilience and ensure the sustainability of public interventions. Omosehin made the recommendation on Tuesday while delivering […]
ECOWAS Brown Card Scheme Vital for Regional Mobility, Motorist Protection-NAICOM

By Oluwakemi Kindness The Commissioner for Insurance, National Insurance Commission, NAICOM, Olusegun Ayo-Omosehin, has described the ECOWAS Brown Card Scheme as a critical instrument for regional mobility, financial protection, and compensation for road accident victims across West Africa. Speaking on Tuesday at the 1st ECOWAS Brown Card Scheme Zonal Meeting in Lagos, Omosehin said the […]