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Banks, Insurance and Financial Institutions Contribute ₦1.77 Trillion to Economy in Q1 2025
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Banks, Insurance and Financial Institutions Contribute ₦1.77 Trillion to Economy in Q1 2025
Nigeria’s banking and insurance sectors, along with other financial institutions, collectively contributed an estimated ₦1.77 trillion to the national economy in the first quarter of 2025, underscoring their growing importance across finance and industry. Data from regulatory and market sources reveal that the banking industry remained the main driver of this contribution. Profits, interest earnings, [...] Source from InfoStride News
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