Effective cargo management is essential to the smooth operations of Nigerian ports and terminals. The management of cargo on arrival at the ports…

Mergers and Acquisitions (M&A) transactions in Nigeria - much like in other jurisdictions - involve complex negotiations and significant financial stakes.

After 22 years, Nigeria's insurance sector finally experienced a regulatory transformation as President Bola Tinubu assented to the Nigerian Insurance Industry Reform Bill...

This article highlights some key reforms introduced by the Nigeria Insurance Industry Reform Act 2025 (NIIRA 2025), which has repealed the Insurance Act 2003 (IA 2023). It is the second in the series of articles exclusively focused on NIIRA 2025.

Nigeria's landmark insurance reform has inadvertently complicated the establishment of a domestic Protection and Indemnity club, creating a fundamental tension between modern regulatory requirements and the mutual structure essential to marine liability insurance. Can the National Insurance Commission leverage existing legal provisions to bridge this gap and capture billions in annual premiums currently flowing to foreign institutions?

Startups in Nigeria face several challenges, from financial uncertainties and legal issues to operational hiccups and market fluctuations. Understanding effective risk management...

In 2025, Nigeria introduced two significant Statutes that collectively reshape Nigeria's insurance industry.

Approximately a hundred years ago, Lloyds London were the first to make it possible to offer insurance in Aviation prior to the World War in 1914.

There has been recurring clamour for recapitalisation of the Insurance sector in Nigeria owing to what has been perceived as declining public confidence in the sector's integrity, ...

Microinsurance is a rapidly growing sector within the insurance industry, offering financial protection to low-income individuals and small businesses in Nigeria.

Do you want to set up and Insurtech company in Nigeria? Then this article has detailed the basics that will make that possible for you. Before going deeply into them, we would take a sneak peak to discover what...

Cyberspace is a virtual global domain used by all but owned by no one. It is open to attacks or failures from anyone.

The Nigerian Insurance Industry Reform Act 2025 introduces sweeping changes to motor vehicle insurance regulation, expanding mandatory coverage requirements and increasing liability limits. How will these reforms impact vehicle owners, operators, and insurers operating within Nigeria's transport sector?

The Economist reported that big data companies (BDC): Alphabet, Amazon, Microsoft, Apple, Facebook and Amazon raked in more than US$25 billion revenues in Q1 2017, ...

Nigeria's Insurance Industry Reform Act 2025 fundamentally transforms construction insurance obligations, expanding mandatory coverage from buildings exceeding two floors to those exceeding one floor while introducing stricter penalties and tech-driven enforcement mechanisms. How will these sweeping changes affect developers, contractors, and project financiers navigating the transition from a historically weak compliance culture to a data-centric regulatory framework?