International records / OpenAlex research

Modelling the Implication of External Debts Statistics on Insurance Market Operations, Evidence from Nigeria

External debt refers to borrowing obtained from non-resident lenders such as foreign commercial banks, foreign governments, and international financial institutions with repayment obligations denominated in the currency of issuance. In Nigeria, the rising stock and servicing burden of external debt has generated concern about macroeconomic instability and the downstream effects on financial sector performance, including insurance market outcomes. This study examines the implications of Nigeria’s external debt for insurance business transactions. The study pursued two objectives: (i) to assess …