Level of awareness of micro-insurance services in Nigeria 2020-2023

Published by
Doris Dokua Sasu,
Mar 15, 2024
In 2023, the share of adults in Nigeria who were aware of micro-insurance services in the country reached 11 percent. This was a slight decrease from 2020. That year, the share of adults aware of this financial service stood at 13 percent.

Share of people aware of micro-insurance services in Nigeria in 2020 and 2023

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Release date

December 2023

Region

Nigeria

Survey time period

2020 and 2023

Number of respondents

26,930 respondents

Age group

18 years and older

Method of interview

Questionnaire

Supplementary notes

Data is nationally representative of adults in Nigeria across the country's 36 states and FCT Abuja.

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