Author: Prince Cookey

Prince CookeyPrince Cookey is an experienced publisher and CEO, and currently is editor of Business Journal. He has previously worked at The Examiner, The Post Express newspapers, Policy magazine and the Financial Standard newspaper.

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Nigeria’s regulator assesses capital adequacy of insurers for sustainability before new rules start

Nigeria’s regulator assesses capital adequacy of insurers for sustainability before new rules start

With stricter capital rules on the horizon, Nigeria’s insurance regulator is taking early steps to evaluate insurers’ balance sheets and reinforce the [...]
Insurance-credit data integration could reshape claims management in Nigeria

Insurance-credit data integration could reshape claims management in Nigeria

Nigeria’s insurance regulator is exploring strategic partnership with a credit reference bureau to integrate insurance data and strengthen risk manage [...]
Recapitalisation and collaboration set to shape Nigeria’s insurance market in 2026

Recapitalisation and collaboration set to shape Nigeria’s insurance market in 2026

As the new year rolls in, operators in the Nigerian insurance market believe that recapitalisation and collaboration will drive the industry agenda in [...]
Nigeria urges co-ordinated insurance solutions to strengthen West Africa’s climate risk resilience

Nigeria urges co-ordinated insurance solutions to strengthen West Africa’s climate risk resilience

Climate risk is a financial and developmental risk for insurers and governments alike and requires concerted effort in building resilience since it di [...]
Nigeria urges co-ordinated insurance solutions to strengthen West Africa’s climate risk resilience

Nigeria urges co-ordinated insurance solutions to strengthen West Africa’s climate risk resilience

Climate risk is a financial and developmental risk for insurers and governments alike and requires concerted effort in building resilience since it di [...]
Nigerian insurers see tech, innovation as growth path for market

Nigerian insurers see tech, innovation as growth path for market

Insurers operating in Nigeria are increasingly betting on technology and innovation to drive growth in the West African country, where insurance penet [...]
Nigerian insurance sector faces shake-up as recapitalisation deadline looms

Nigerian insurance sector faces shake-up as recapitalisation deadline looms

Nigeria’s insurance sector faces sweeping consolidation as the July 2026 recapitalisation deadline nears, with firms unable to raise fresh capital at [...]
​Nigeria issues new rules for insurtechs

​Nigeria issues new rules for insurtechs

Nigerian regulator the National Insurance Commission (NAICOM) has issued operational guidelines for Insurtech businesses in the West African economy i [...]
Nigeria’s pandemic-sparked tech revolution in insurance lives on

Nigeria’s pandemic-sparked tech revolution in insurance lives on

The Covid-19 pandemic was a global health issue that affected virtually the entire world, with dire consequences on businesses around the globe. Th [...]
Maiden Nigerian insurance week pushes for reforms, sustained awareness

Maiden Nigerian insurance week pushes for reforms, sustained awareness

Nigeria’s first-ever Insurance Week called for regulatory reforms and sustained public awareness as part of the latest push to boost insurance penetra [...]
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