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
- Africa Re celebrates 50 years of existence and inaugurates its new headquarters in Abuja
- Interview with Paul-Harry AITHNARD, Managing Director of Ecobank Côte d’Ivoire & Executive Director of UEMOA Region
- Live from Nairobi: ATIDI celebrates its 25th anniversary with the ambition to double its capital
- Senegal raises 103.502 billion CFA francs on the UMOA financial market
- Guinea Bissau: The Public Treasury collects 15 billion CFA francs on the UEMOA financial market
- Morocco: Omar Bekkali takes the reins of AMIC to accelerate the new phase of private equity
- Guinea: World Bank commits over $3 billion to transform growth into jobs
- Morocco: BCP and Western Union launch instant international transfer via API
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