Nigerian financial sector compliance directory — Acts, Regulations, Guidelines and Circulars from PenCom, CBN, NAICOM, SEC and NDPC.
General guidelines governing the design, filing and approval of insurance products offered by insurers in Nigeria.
Circular prohibiting coinsurance arrangements between Takaful (Shari'ah-compliant) operators and conventional insurance companies.
Establishes collection, management and administration of the IPPF — the NIIRA 2025 statutory safety net for policyholders of failed insurers. Mandatory contribution of 0.25% of pre…
Additional regulatory requirements for insurers underwriting annuity business in Nigeria.
Framework for international private medical insurance providers operating with Nigerian partners under defined models (domestic insurer partnership, administrator, HMO). Requires C…
Sets out licensing and licence-renewal requirements and procedures for insurance institutions operating in Nigeria.
Commences the recapitalisation exercise: insurers and reinsurers must meet the new MCR and applicable risk-based capital framework on or before 30 July 2026. Encumbered assets, ass…
Landmark reform signed 5 August 2025, repealing the Insurance Act 2003 and consolidating prior legislation. Introduces higher minimum capital (₦10bn life, ₦15bn non-life, ₦35bn rei…
Sets requirements for insurtech firms and technology-driven insurance operations in Nigeria. Date reflects site upload; underlying issue date unconfirmed.
Circular setting requirements and restrictions on insurance advertising.
Revises requirements for insurance of leased aircraft, addressing local content, placement and documentation standards for aviation risks.
Sets standards for insuring government assets and liabilities held by Ministries, Departments and Agencies (MDAs) and other public-sector stakeholders.
This vault is a monitoring aid, not legal advice; always confirm against the regulator's official publication.
