• info@ocmlng.com
  • 0201-2914775

Foreign investors, local banks eye majority stakes in Nigerian insurance firms

Home > market news
Financial News

Foreign investors, local banks eye majority stakes in Nigerian insurance firms

21 May, 2026

As the deadline for insurance industry recapitalisation draws closer, foreign investors and local banks are increasingly showing interest in Nigeria's insurance sector, with many targeting majority equity stakes in struggling firms. Although the prospect of relinquishing controlling shares is not well-received among many operators seeking fresh capital, industry analysts believe the development could significantly reshape the ownership structure, corporate governance, and competitive landscape of the sector...............................READ MORE