« Back to Intelligence Feed Facing climate change, Nigeria's Lagos state takes out flood insurance

Facing climate change, Nigeria's Lagos state takes out flood insurance

ABITECH Analysis · Nigeria finance Sentiment: 0.35 (positive) · 27/03/2026
Nigeria's Lagos state has taken out a $7.5 million flood insurance policy to cover millions of people, the Insurance Development Forum said Thursday, as the country's economic capital faces rising sea levels and floods linked to climate change.

Sources: Africanews

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