How motor insurance works in Nigeria, as NEM leads market share

The Nigerian insurance industry has reached a watershed moment, recording N2.30 trillion in Gross Premium Written (GPW) at the close of the fourth quarter of 2025. According to the latest performance bulletin released by the National Insurance Commission (NAICOM), the sector achieved a 47.3 per cent year-on-year growth rate, with motor insurance emerging as a […] How motor insurance works in Nigeria, as NEM leads market share

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