Globally recognised and respected research firm, Forbes Africa, has announced Nigeria as the best economy in Africa.
Forbes Africa published a ranking of ten biggest economies in Africa with Nigeria topping the list with $172 billion
Nigeria is closely followed by South Africa at second with $166.735 billion while Egypt is a little far behind at third with $78 billion.
Algeria follows their north Africa neighbour at fourth with $66 billion, Libya, also from north Africa, is fifth with $65 billion, Botswana is sixth with $22.675, Ghana is seventh with $20.458, Morroco is eighth with $18 billion, Ivory Coast is ninth with $11 billion while Madagascar is tenth with $6.766 billion.
The Nigerian economy is described by Wikipedia as “a middle-income, mixed economy and emerging market, with expanding manufacturing, financial, service, communications, technology and entertainment sectors.”