Effect of Insurance on Foreign Direct Investment Inflow to Nigeria

ISBN-13: 9783659756733 / Angielski / Miękka / 2015 / 80 str.

Okolo Chimaobi

Opis

Nigeria poses a high return on investment and is on the search light of foreign investors. Nonetheless, there are risks that face these investors in the country. It is therefore, pertinent to expose the relevance of the insurance sector in absorbing the risk that could accrue to these investments coming into the country. The empirical study showed that insurance sector impacted positively and significantly on Nigerias foreign direct investment inflow. However, there should be effective risk transfer mechanism and financial inter-mediation, which gives the investor confidence in the risk management strength of the host country.

O autorze

Chimaobi Okolo is both an accountant and economist. He holds a Master of Science degree in economics with specialization in monetary economics and quantitative methods. He is a member of the Institute of Chartered Economist of Nigeria and a lecturer in the department of economics, Enugu State University of Science and Technology.