Emerging Economies

  • Nigeria is now Africa's Biggest Economy

    Nigeria has overtaken South Africa as Africa's biggest economy after a rebasing calculation nearly doubled its gross domestic product (GDP), data from the statistics office showed today. GDP for 2013 in Africa’s top oil producer totalled 80.3 trillion naira, or $509.9 billion, the Nigeria Bureau of Statistics said, an increase from the 42.3 trillion estimated before the rebasing.Read More »

  • Nigeria, 2nd Fastest Growing Key Emerging Economies in 2014

    Looking at the world’s 25 largest key emerging economies and emerging markets, ranked by GDP in PPP terms, the five fastest-growing include some usual suspects (China and India) but also some more surprising entrants – particularly Nigeria and Bangladesh. 2014 should see relatively strong growth for these five economies – albeit in some cases weaker growth than in recent years – but as ever, all face important challenges.Read More »

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