Banks, Insurance Contribution To Economy Falls 15 To N1.51trn

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banks insurance contribution to economy falls 15 to n151trn

Banks, insurance and other financial instiutions contribution to the economy fell by 15 per cent to N1.512 trillion in the third quarter, Q325 from N1.778 trillion in the first quarter of the year, Q125.

This followed the second consecutive decline in the sectors quarterly contribution to the nations Gross Domestic Product, GDP in the Q325.

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