By: Nghiinomenwa-vali Hangala
The assets of non-banking financial institutions (NBFIs) are trickling above half a trillion, reaching N$528.2 billion as of the end of the third quarter of 2025 (30 September 2025), NAMFISA revealed.
These NBFIs include insurance, medical aid funds, retirement funds, friendly societies, the capital market, and microlending. Most of these assets are the country’s savings, which are used as capital for investments in various projects, equity, and also into government bonds, as part of domestic direct investment (DDI).
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