Terrorism undermines Nigeria’s GDP by $437m — Lloyds

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Terrorism undermines Nigeria’s GDP by $437m — Lloyds
By Favour Nnabugwu LLOYD’s, world leading insurer, has warned that Nigeria could lose $437 million, about N157.32 billion, of its Gross Domestic Product, GDP, annually   to terrorism, to rank third in the world on forecast GDP loss. Lloyd’s in its 2018 City Risk Index, also stated that some of the most underinsured countries in the world are in Africa and the Middle East. According to the report, Saudi Arabia has an insurance gap (the amount between an expected loss and what is covered by insura...
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