Kayode Tokede
As Nigeria’s Gross Home Product (GDP) grew by 3.4 per cent in 2021, monetary and insurance coverage subsectors hit a brand new annual development of 10.07 per cent on the finish of final yr, information launched by the Nationwide Bureau of Statistics (NBS) has revealed.
The Finance and Insurance coverage Sector consists of the 2 subsectors, Monetary Establishments and Insurance coverage.
In response to the most recent report by the Nationwide Bureau of Statistics, each subsectors recorded annual development of 9.37 per cent in 2020 as towards 2.03 per cent in 2019.
Additional evaluation of the NBS information