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Insurers see rise in policy surrender over increasing unemployment, poverty

Published by BusinessDay on Thu, 14 Feb 2019


The increasing rates of unemployment and poverty in Nigeria are having a negative impact on the insurance business. Africa's most populous nation has over the last three and a half years witnessed high rate of job losses and deepening poverty level. Unemployment rate in Nigeria increased to 23.10 percent in the third quarter of 2018, []
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