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Can Nigeria insure its $1 trillion economic ambition?

Lively street market scene in Kaduna, Nigeria. Photo @ Pexels
Lively street market scene in Kaduna, Nigeria. Photo @ Pexels

Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
  • Recapitalisation gives Nigerian insurers greater capacity to underwrite complex industrial risks
  • Claims performance will determine whether new capital translates into investor confidence

 

ABUJA, NIGERIA – Nigeria wants a $1 trillion economy, but financing its industrial ambitions raises another question: who will insure the risks that come with it?

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