ABSTRACT
This work examined the contributions of the insurance industry to the gross domestic product (GDP) in Nigeria. Data for the study were basically through the secondary process, extracted from journals, newspapers, internet, magazines, textbooks, CBN statistical Bulletin and Statement of Account etc. The Ordinary Least Square technique was used to test the validity of the hypotheses stated in the study. The research revealed that insurance industry through her routine activities has contributed significantly to economic growth of Nigeria. Through the signs from a priori expectation, it revealed a positive linear relationship between insurance contributions with gross domestic product (GDP) in Nigeria. However, the study revealed a negative relationship between total investments of insurance industry to gross domestic product. This is due the negligence of investment in the industry. Furthermore, the study exposed that neglect of laws governing insurance practise in Nigeria, poor accounting practice, poor claims settlement, failed public image, negligence of investment, low awareness of insurance etc as the major problems of the industry. The researcher recommended an increased supervisory role of NAICOM (National insurance commission), prompt payment of premiums, effective utilisation of insurance funds, research, improved public awareness through adverts and campaigns as possible solutions to the challenges facing the industry
EXCERPT FROM THE STUDY
Öndoğan (2016) examined catering sector and importance of marketing costs in this secto...
ABSTRACT
This study investigated the Effects of Collateral Learning on Attitude and Performance in Genetics Among Convergent and Divergen...
INTRODUCTION
Electronic Benin Phrasebook is a computer-based system (processed by Assembler) that was developed to spec...
BACKGROUND OF THE STUDY
Credit is one of the many factors that can be used by a firm to influence...
ABSTRACT
The study investigated the relationship between organisational climate and teaching effectiveness in public sec...
EXCERPT FROM THE STUDY
Movement is associated with the spread of disease in many ways. One way in which travel helps com...
ABSTRACT
This case study is “...
ABSTRACT
Feminism as a concept gained approval the help of some male feminist writers who write for the sake of women li...
ABSTRACT
The purpose of this study was to assess knowledge, attitude and practice (KAP) of family planning among rural women in Kogi stat...
ABSTRACT
This study is a descriptive survey which examine the causes and counselling strategies that ca...