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
- Gabon: Assinco becomes BGFI Assurances
- Algeria: Sonatrach signs a contract of over one billion USD with PTTEP and an export agreement to Egypt
- Guinea, GAC and EGA reach an amicable agreement under the auspices of the Simandou Strategic Committee
- Côte d’Ivoire strengthens its budget by 110 billion CFA francs
- Moroccan banks: Fitch announces a consolidation cycle
- Burkina Faso launches its “DIASPORA BONDS” on May 6
- Nigeria Stock Exchange (NGX) achieves historic record boosted by MSCI effect
- Burkina Faso emerges as one of the top students in the UEMOA
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