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South Africa Beats Nigeria, Reclaims Spot As Africa’s Largest Economy

August 11, 2016 Omoniyi Osadare 1

South Africa’s economy has leapfrogged Nigeria’s as Africa’s largest in dollar terms, reclaiming the top spot it lost two years ago. Both economies face recession after contracting this year. But while the South African rand […]

How Nigeria Lost Top Position In GDP To South Africa

August 11, 2016 Omoniyi Osadare 1

ABUJA—South Africa’s economy has regained the position of Africa’s largest in dollar terms more than two years after losing it to Nigeria as the value of the nations’ currencies moved in opposite directions. Based on […]