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Senate passes bill to rename NAICOM

Source: dailypost.ng Published Tue, 21 Jul 2026 13:25:12 +0000
Senate passes bill to rename NAICOM

Why This Matters

Key context: <img width="727" height="465" src="https://dailypost.ng/wp-content/uploads/2024/01/Senate-Nigeria-2.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://dailypost.ng/wp-content/uploads/2024/01/Senate-Nigeria-2.jpg 727w, https://dailypost.ng/wp-content/uploads/2024/01/Senate-Nigeria-2-300x192.jpg 300w" sizes="(max-width: 727px) 100vw, 727px" /><p>The Senate on&#160;Tuesday&#160;passed a bill for the renaming of the National Insurance Commission, NAICOM as Insurance Regulatory Commission, IRC. The upper legislative chamber said the change to the new name is imperative against the backdrop that the former name is confusing, citing the history and make-up of the Nigerian Insurance Industry. The Insurance Regulatory Commission, [&#8230;]</p> <p><a href="https://dailypost.ng/2026/07/21/senate-passes-bill-to-rename-naicom/">Senate passes bill to rename NAICOM</a></p> This development from dailypost.ng highlights ongoing changes in the sector.

The Senate on Tuesday passed a bill for the renaming of the National Insurance Commission, NAICOM as Insurance Regulatory Commission, IRC. The upper legislative chamber said the change to the new name is imperative against the backdrop that the former name is confusing, citing the history and make-up of the Nigerian Insurance Industry. The Insurance Regulatory Commission, […] Senate passes bill to rename NAICOM

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