Thursday, June 30, 2011

Nigeria ‘to overtake South Africa’

CNN.com Blogs: "CNN) - Good news for Nigeria. A wake-up call for South Africa.
That’s my “take-home message” from the headlines emerging from a new Morgan Stanley report, which predicts Nigeria’s economy will overtake South Africa’s as Africa’s largest by 2025.
High oil prices, the “decisive” election of President Goodluck Jonathan and buoyant consumer spending will all push Nigeria’s economy into the front in the next 15 years, says the Morgan Stanley survey."