Nigeria

Introduction: 

The Federal Republic of Nigeria is a country in West Africa with a population of about 191 million inhabitants. Its local currency is the Nigerian naira.

The insurance sector of Nigeria is unsaturated and paired with the high population volume makes it an attractive market. Both life and non-life segments are expected to grow in the medium-term. It is important to add that growth will be limited by low disposable income and insurance affordability.

 

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