Fitch: Nigeria’s Insurance Sector Growth Constrained by Widespread Poverty

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Fitch: Nigeria’s Insurance Sector Growth Constrained by Widespread Poverty

« on: July 03, 2020, 07:07:33 PM »

Fitch: Nigeria’s Insurance Sector Growth Constrained by Widespread Poverty

Obinna Chima Fitch Ratings, one of the global rating agencies, has identified the “low average earnings and widespread poverty” in Nigeria as some factors weighing on insurance affordability and the growth of the sector. The rating agency stated this in its latest Nigeria Banking and Financial Services Report for the third quarter of 2020, which […]

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