Repeated fire disasters across Nigeria have destroyed markets and small businesses, with an estimated N4.6 trillion in assets. The informal sector bears the heaviest losses yet remains largely uninsured. BusinessDay Investigations examines how frequent fire incidents reveal the cost of Nigeria’s insurance gap and why informal traders continue to operate without protection. SODIQ OJUROUNGBE writes. When a fire tore through Alaba Market Repeated fire disasters across Nigeria have destroyed markets and small businesses, with an estimated N4.6 trillion in assets. The informal sector bears the heaviest losses yet remains largely uninsured. BusinessDay Investigations examines how frequent fire incidents reveal the cost of Nigeria’s insurance gap and why informal traders continue to operate without protection. SODIQ OJUROUNGBE writes. When a fire tore through Alaba Market