In 2014, Nigerias economy (GDP) became the largest in Africa, - TopicsExpress



          

In 2014, Nigerias economy (GDP) became the largest in Africa, worth more than $500 billion, and overtook South Africa to become the worlds 21st largest economy.[14][15] Furthermore, the debt-to-GDP ratio is only 11 percent (8 percent below the 2012 ratio).[16] By 2050, Nigeria is expected to become one of the worlds top 20 economies.[17] The countrys oil reserves have played a major role in its growing wealth and influence. Nigeria is considered to be an emerging market by the World Bank[18] and has been identified as a regional power in Africa.[17]
Posted on: Fri, 23 Jan 2015 01:18:51 +0000

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