Nigeria Is The Biggest Economy In Africa, IMF Affirms

In spite of the current economic challenges, a new report by the International Monetary Fund (IMF) has placed Nigeria ahead of South Africa and Egypt as the biggest Economy In Africa.

Nigeria reportedly lost its position in August as Africa’s biggest economy to South Africa, following the recalculation of the country’s Gross Domestic Product (GDP).

The report put Nigeria GDP at 415.08 Billion dollars as against 493.83 billion dollars at the end of 2015.


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