Insurance
5 articles tagged “Insurance”
Takaful in Nigeria: The Complete Guide (2026)
Five NAICOM-licensed operators, a new statutory footing under NIIRA 2025, and real money returned to participants. How takaful works, who offers it, and the honest gaps in the market.
Nigeria's Five Takaful Operators Compared (2026)
Noor, Jaiz, Salam, Hilal and Crown hold Nigeria's takaful licences. Verified surplus records, wakala loads, scholar benches and digital claims stacks, compared honestly.
Motor Takaful vs Conventional Car Insurance in Nigeria (2026)
Third-party motor cover is now enforced with ₦250,000 fines, so you are buying something. Motor takaful matches conventional pricing where published, and adds a surplus conventional insurers keep.
Takaful Surplus Explained: How Nigerians Get Money Back From Insurance (2026)
Nigerian takaful operators have returned real money to claim-free participants: Noor about ₦1 billion since 2017, Jaiz ₦586 million over four years. How surplus works, who qualifies and how to check yours.
NIIRA 2025: What Nigeria's New Insurance Law Means for Takaful Buyers (2026)
The Nigerian Insurance Industry Reform Act 2025 put takaful into primary legislation, cut claims deadlines to 60 days with compound-interest penalties, and made driving uninsured a ₦250,000 offence. What changed for you.