The Debt Management Office (DMO) has disclosed a significant escalation in the country’s public debt, which soared by 10.7% to N97.34 trillion in the fourth quarter of 2023, from N87.91 trillion recorded in the previous quarter.  This surge in debt levels was primarily attributed to new domestic borrowing initiatives undertaken by the Federal Government, aimed […] More

As Nigeria sinks deeper into inflation on a virtually daily basis, economists are voicing palpable fears that the insurance industry may be primed to take a hit. This is due to the fact that the industry thrives on stability and is highly susceptible to nuances such as inflation.   The impact of high inflation on insurance […] More