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Big Shake-Up: Insurers Rush for Cash as New Government Rules Take Effect
The Business NG
|BusinessNg
A fresh wave of capital-raising activity is sweeping through Nigeria's insurance sector as firms race to meet the stricter minimum capital requirements prescribed by the Insurance Industry Reform Act (NIIRA) 2025. With the deadline drawing closer,
operators are intensifying efforts to strengthen their balance sheets through Rights Issues, Private Placements, and Public Offers.
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