Insurance recapitalisation attracts N1.08trn as NAICOM sets to release escrow funds

BusinessDay | 12-09-2026 05:09pm |

Nigeria's insurance industry has attracted N1.079 trillion in fresh capital from the recently concluded recapitalisation exercise. The funds are expected to provide operators with a stronger capital base. The National Insurance Commission (NAICOM) is set to release escrow funds related to the exercise.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.