REVIEW OF THE NIGERIAN INSURANCE INDUSTRY ICT GUIDELINE (N3IG 1.0) VERSION 1.0
March 8, 2021

On the 3rd of November, 2020, the National Insurance Commission (NAICOM) released the Nigerian Insurance Industry ICT Guideline (N3IG 1.0) Version 1.0. The Guideline, which is the first of its kind, primarily aims to set the minimum standard for the use of Information Technology in the industry.

The Guideline is pertinent to raising the bar for the digitization and automation of the industry’s operations and processes in line with global trends. Generally, the Guideline is quite commendable, however, there is a need to understand its scope and impact on the major stakeholders in the industry.

Raising Funds Through Debt or Equity

Fundraising is pivotal to the success of startups. Raising funds through debt or equity is a fundamental question founders must answer. In this Guide, we teamed up with our friends at Garnet Law Practice to address some of the issues and suggested ways to go about it....