Business Nigerian Economy Ranked Far Above its African Counterparts

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LequteMan

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Following the rebasing of the country's Gross Domestic Product, GDP, an exercise which made the country's economy the biggest in Africa and the 26th largest in the world, Renaissance Capital, a research and finiancial advisory firm has said that Nigeria's economy is far ahead of African counterparts.

Excerpt from ThisDay:

Nigeria has been ranked far ahead of its peers on the continent based on the strength of the country’s macroeconomic indicators.

A Lagos-based research and financial advisory firm, Renaissance Capital (RenCap), revealed this in its latest report on sub-Saharan Africa (SSA) titled, ‘Who’s Hot and Who’s Not’.

Other countries assessed in the report were Ghana, Kenya, Rwanda, Tanzania, Zimbabwe and Zambia.

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