IMPACT OF INSURANCE COMPANIES ON ECONOMIC GROWTH IN NIGERIA (1986-2016)
ABSTRACT Insurance is a veritable sub-sector in the financial system that plays a critical role in growth and development process in an economy. Against this backdrop, the study examined the impact of insurance industry on economic growth in Nigeria between 1986 and 2016. The study precisely investigated the impact of life insurance and non-life insurance penetration on economic growth in Nigeria. The ordinary least square technique was employed in the ...
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