The fact the Nigeria is the giant of Africa is truly not an understatement. Globally recognized and respected research firm, Forbes Africa, has named the nation as the best economy in Africa.
The firm made this known as it published a ranking of the 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 ranked third with $78 billion.
Algeria follows its North Africa neighbor at fourth position with $66 billion, Libya, also from north Africa, is fifth with $65 billion while Botswana is sixth with $22.675.
Nigeria’s West-African neighbors, 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.