Payment Default Cascade Threatens Portfolio Stability
Nigeria's electricity subsidy regime has evolved from a fiscal policy challenge into a crystallized insurance risk event. Generation companies are owed approximately ₦4 trillion as of mid-2025, comprising ₦2 trillion for 2024 electricity supplied and ₦1.9 trillion in legacy...
The Hidden Cost of Nigeria’s Power Subsidy
Category: Energy Risk | Analysis
Nigeria’s energy subsidy may appear as relief for citizens, but it quietly erodes investor confidence and insurance underwriting discipline. With rising global energy premiums, insurers are recalibrating risk...
