International Journal of Financial Management and Economics
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E-ISSN: 2617-9229|P-ISSN: 2617-9210
International Journal of Financial Management and Economics
Printed Journal   |   Refereed Journal   |   Peer Reviewed Journal
International Journal of Financial Management and Economics
Vol. 2, Issue 2 (2019)

Responsiveness of capital formation to the insurance industry in Nigeria


Kalu Ebere Ume, Agwah Angela Ginika and Nwadike Ogoma Augustina

Adopting the ordinary Least Square Regression method and measuring the impact of insurance on capital formation in Nigeria, it was found that insurance contributed significantly to capital formation within the period studied. It is evident that the insurance sector contributes largely to the process of financial intermediation which is a veritable instrument for the growth of any economy.
Pages : 01-05 | 534 Views | 278 Downloads
How to cite this article:
Kalu Ebere Ume, Agwah Angela Ginika and Nwadike Ogoma Augustina. Responsiveness of capital formation to the insurance industry in Nigeria. International Journal of Financial Management and Economics. 2019; 2(2): 01-05.
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International Journal of Financial Management and Economics