
Cash crunch: Insurance sector growth drops by 7.25% in Q1– NBS
Insurance sector’s growth fell by 7.25 per cent in the first quarter of 2023, National Bureau of Statistics (NBS) has said. The NBS in its ‘Nigeria Gross Domestic Product Q1, 2023’ said the finance and insurance sector consists of two subsectors which are financial institutions and insurance. It noted that the former accounted for 91.75 per cent while the latter Read More