Nigeria's NAICOM Recapitalisation Nears Deadline With Over 70% of Insurers Verified

More than 70 percent of Nigerian insurance companies have completed verification ahead of NAICOM's July 31 recapitalisation deadline, with Linkage Assurance among those confirming compliance with a N16.2 billion capital raise. The progress is relevant for insurtech and embedded insurance builders navigating Nigeria's regulatory transition.