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Africa’s most populous country, Nigeria, has been at the centre of several challenges, from economic to security, which has had an effect on its socio-economic well-being.
Nigeria dropped from the second-best country to invest in Africa in 2014 to number fourteen in 2021, the recent data from Rand Merchant Bank has revealed. The country dropped from its 5.62 scores in 2014 to a 5.13 score in 2021.
Despite COVID-19 pandemic erasing $79 billion in Africa’s output in 2020, a new report by the World Bank has shown that Africa’s trade pact could boost the region’s income.
