The second quarter of 2026 brought transformative changes to Nigeria's financial services sector as banking recapitalisation concluded and regulators pivoted toward strengthening governance, market integrity...

Health, they say, is wealth, and we couldn't agree more. It is therefore I commendable that the President has signed into law...

The Lagos zone of the Tax Appeal Tribunal (TAT) recently issued a ruling in the case involving FBN Insurance Limited (FBN or "the Company" or "the Appellant") and Federal Inland Revenue Service (FIRS or "the Respondent").

The Nigeria Deposit Insurance Corporation (NDIC) was established as a government corporation responsible for the protection of the deposits of customers of banks...

Underwriting has its origins in the insurance industry, where it entailed assuming risks connected to potential losses.

Some life assurance policies contain elements of savings or investment. Such policies often mature during the active lifetime of the policyholder or based on an agreed tenure.

The public notices are meant to serve as a reminder to the earlier issued guidelines for life insurance policy by PenCom.

Tax has always been one of an insurer's most significant expenses, comparable to payroll and claims.

Although the CDI has been criticized by many due to its ability to engender systemic risk; especially the more exotic types.

Section 14 (1) of the National Health Insurance Act 2022 ("NHIA") provides that all residents in Nigeria are required to obtain health insurance.

Reserves for unexpired risks will now be determined on a time-apportionment basis. This means that tax-deduction will only be available for reserves relating to the relevant year.

Labour is often deemed as the engine that drives the production wheel of a business organisation. In Nigeria, where a diverse and dynamic workforce propels various sectors...

A long-standing objective of the Nigerian government has been to establish universal healthcare coverage for its large and growing population (over 220 million in 2023).

The Deloitte Insurance Risk Management Survey was commissioned to understand the state of risk management practices in the Insurance industry in line with NAICOM guidelines.

The Lagos State Internal Revenue Service (LIRS) has issued a public notice (the Notice) to clarify the treatment of savings element on insurance premium.