The Nigerian insurance market experienced strong growth in 2024, with gross written premiums (GWP) reaching 1.56 trillion nairas (approximately 1.02 billion dollars), according to data published by the Nigerian Insurers Association (NIA). This figure represents a 56% increase compared to the 1 trillion nairas collected in 2023. This growth was mainly driven by non-life insurance,…...
Trending
- BREAKING NEWS | Burkina Faso: Ouagadougou officially severs diplomatic relations with France
- EBID and Taraba State Seal Landmark USD 268 Million Financing to Power Industrial, Agricultural and Energy Transformation
- Awarding of UEMOA Excellence Awards to Journalists in Dakar, on the sidelines of FIPE-UEMOA
- Cameroon Airports accelerates its entry to the BVMAC to finance its transformation
- At the FIPE-UEMOA, experts raise concerns about obstacles to the implementation of the AfCFTA
- Ivory Coast prepares the labeling of five new products to unite producers, processors, and exporters
- Key rates: the dilemma of the BCEAO-BEAC tandem facing a BCE ready to react again
- Ivory Coast: Microfinance net assets up 11% as of March 31, 2026
Nigeria: Insurance sector turnover exceeds one billion dollars in 2024
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com