Facing climate change, Nigeria’s Lagos state takes out flood insurance

Nigeria’s Lagos state has taken out a $7.5 million flood insurance policy to cover millions of people, the Insurance Development Forum said Thursday, as the country’s economic capital faces rising sea levels and floods linked to climate change.

The coastal mega-city of Lagos and its estimated more than 22 million inhabitants are among those facing the brunt of climate change in coastal west Africa, where oceans are rising, rainfall is…