In 2021, the global insurance industry’s value exceeded $40 trillion, highlighting its pivotal role in fueling economic growth by providing capital for key sectors like infrastructure, commerce, and manufacturing. Despite this global surge, Africa, and particularly Nigeria, continues to lag behind in insurance penetration. As of 2022, Nigeria’s insurance market contributed just 0.4% to the [...]The post Nigeria’s insurance industry poised for growth, experts push for AI, blockchain integration appeared first on National Daily Newspaper.
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