$1 Trillion Economy Dream: Tinubu Signs Bold Insurance Overhaul Into Law
President Bola Tinubu has signed into law the Nigerian Insurance Industry Reform Act (NIIRA) 2025, a sweeping legislative overhaul aimed at modernising the nation’s insurance sector and advancing Nigeria’s economic ambition of becoming a $1 trillion economy. The NIIRA 2025 replaces several outdated insurance laws with a unified, forward-looking legal framework that provides for the…