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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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 [...]
What Sanlam-Allianz tie-up means for Nigeria’s insurance sector

What Sanlam-Allianz tie-up means for Nigeria’s insurance sector

The Nigerian insurance market recently witnessed a strategic merger between Sanlam Limited and Allianz SE’s operations in the western African market i [...]
Police crackdown boosts demand for third-party motor insurance in Nigeria

Police crackdown boosts demand for third-party motor insurance in Nigeria

Nigeria’s insurers are reporting increased demand for third-party motor insurance covers hardly three months since police stepped up the enforcement i [...]
Nigeria’s insurance reform bill will address current realities and evolving needs, suggests insurers association

Nigeria’s insurance reform bill will address current realities and evolving needs, suggests insurers association

The Nigerian Insurers Association (NIA) has commended the recent passage of the Nigerian Insurance Industry Reform Bill 2024 in the Senate, describing [...]
Loss adjusters must adopt tech to reap from Africa’s free trade bloc, suggests Nigerian insurance regulator

Loss adjusters must adopt tech to reap from Africa’s free trade bloc, suggests Nigerian insurance regulator

Nigeria’s insurance regulator, National Insurance Commission (NAICOM), has challenged loss adjusters in the West African country to leverage technolog [...]
Insurers must capitalise on AfCFTA for industry growth, suggests Nigeria’s regulator

Insurers must capitalise on AfCFTA for industry growth, suggests Nigeria’s regulator

The National Insurance Commission (NAICOM) has urged insurance companies in Nigeria to take advantage of opportunities presented by the African Contin [...]
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