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Insurance stocks in Nigeria

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Chinyere

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Mar 23, 2026
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Nigeria’s insurance sector gained over 65% in 2025, driven by the Insurance Industry Reform Act and balance‑sheet strengthening.

Sovereign Trust Insurance, AIICO, and NEM were among the top performers, showing that policy‑driven reforms can turn a sector around fast.

If you had to pick one Nigerian insurance stock to hold for 3 years, which one would it be and why?