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2014 Victoria Island Lagos Nigeria 15006436297.jpg
Lagos, the financial centre of Nigeria

The Economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 31st-largest economy in the world in terms of nominal GDP, the largest in Africa and the 27th-largest in terms of purchasing power parity.

Nigeria has the largest economy in Africa. The country's re-emergent manufacturing sector became the largest on the continent in 2013, and it produces a large proportion of goods and services for the region of West Africa. Nigerias debt-to-GDP ratio was 36.63% in 2021 according to the IMF. (Full article...)




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