Subscribe Register Login

AG hopeful Rutledge not registered to vote in state, clerk says

Tuesday, September 30, 2014, 7:13 p.m.
Top Picks - Capture Arkansas

Nigeria: Economy $510 billion, biggest in Africa

By The Associated Press

This article was published April 6, 2014 at 10:06 a.m.

— Officials said Nigeria's recalculated economy is worth $510 billion, by far the biggest in Africa and easily surpassing that of previous continental titleholder, South Africa, at $353 billion.

Figures announced Sunday are the first recount since 1990 of the GDP of Africa's biggest oil producer but do little for the 112 million Nigerians scrabbling to survive in poverty.

The International Monetary Fund had used the 1990 base to estimate Nigeria's GDP in 2013 at $292 billion. But that did not take into account new industries like telecommunications, information technology, music, airlines, burgeoning online retail outlets and Nollywood film production that didn't exist when the last GDP count was made in 1990. Then, there were 300,000 landlines. Today, Nigeria has 100 million cell phone users.

Comments on: Nigeria: Economy $510 billion, biggest in Africa

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Clinic manager

    vantage point of northwest arkansas Is seeking qualified app...
    SPRINGDALE, AR

  • Mechanical

    mechanical maintenance technicianalcoa Primary Metals is see...
    ARKADELPHIA, AR

  • State director

    The State Director serves as chief executive of Oklahoma Dep...
    STILLWATER, Ok

  • Billing and insuranc

    billing and insurance position needed for a medical/eye care...
    FAYETTEVILLE, AR

  • Commercial construction

    Superintendent wanted, Central Ark. Area, 10yrs exp. with 1...
    LITTLE ROCK, AR

Search 915 jobs >

Top Picks - Capture Arkansas
Arkansas Online