July 28, 2026

Newspageng

Passion for the news

NAICOM Restates Commitment To Growth Of Takaful, Microinsurance

By Sola Alabadan

The National Insurance Commission (NAICOM) has reaffirmed 6its commitment to nurturing the growth of Takaful and microinsurance in Nigeria, positioning them as vital tools for financial inclusion.

During a courtesy visit by the Board and Management of Noor Takaful led by the Chairman of the Company, Amb. Shuaibu Ahmad, the Commissioner for Insurance, Mr. Olusegun Omosehin commended the company’s progress and urged greater ambition in expanding market reach, driving product innovation, and raising public awareness.

As Noor Takaful approaches its 10th anniversary, the Commissioner for Insurance encouraged the leadership to accelerate outreach and customer education, highlighting Takaful’s role in broadening access to protection for underserved communities.

Both institutions expressed optimism about strengthening collaboration to promote trust, innovation, and inclusive insurance for all Nigerians.