Nigerian pension industry looks promising despite low penetration

by | January 15, 2018 1:36 am



Nigeria has one of the lowest pension penetrations in the world but the future of the industry is promising given a favourable demography and economic growth. Nigeria’s penetration of 7 percent is materially below the average of 56 percent countries considered, according to Chapel Hill Denham Limited in a recent report on Nigerian Insurance Sector….

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