Nigeria climbs four places in Bloomberg ranking

Vanguard News | 05-10-2026 06:18pm |

Nigeria has emerged as the biggest climber among major African economies in the 2026 Bloomberg Economics Investment Risk-O-Meter, rising four places to eighth position. The ranking assesses the relative investability of 19 African economies, with Mauritius ranked first. Nigeria overtook Rwanda, Tanzania, Kenya and Namibia, reflecting gains in economic strength, fiscal strength and external vulnerability. Bloomberg noted that Nigeria's improved ranking was driven by improvements in three of the five metrics assessed.

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