News Africa09 Dec 2025

Nigeria:Insurance sector growth in 3rd quarter driven by ongoing recapitalisation

| 09 Dec 2025

Nigeria's insurance sector recorded real GDP growth of 20.78% in the third quarter of this year, up from 15.70% in the previous quarter and exceeding growth rates of below 10% seen over the last six quarters, according to the National Bureau of Statistics (NBS).

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