Business Nigerian Economy Ranked Far Above its African Counterparts



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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