Africa’s Largest Economy: Nigeria Beats South Africa

President Buhari Signs 2018 Budget. PHOTO CREDIT: STATE HOUSE

Forbes Africa, a major global research firm, has rated Nigeria as the 2018 best economy in Africa, beating South Africa, Egypt and others.

According to Forbes, Nigeria came top with $172 billion, which was followed by South Africa with $166.735 billion.

Also on the list was Egypt as third with $78 billion, Algeria with $66, Lybia :$65, Botswana: $22.675, Ghana :$20.458 Morroco :$18, Ivory Coast :$11 and Madagascar with $6.766 billion.

Nigeria’s West-African neighbours, 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.

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