4 per cent in the fourth quarter of 2019, following a revised 0.8 per cent contraction in the third quarter, data from Statistics South Africa showed on Tuesday.
The country’s economic growth rose by 2.27 per cent in 2019, compared to a growth rate of 1.91 per cent in 2018. But now both the official naira rate of 306 per dollar and the weaker market exchange rate of around 360 that almost all investors use put Nigeria tops, according to the report.
Either you like it or not, there's nothing to eulogize about Nigeria of today. Biggest economy with the highest number of hungry people. So who does biggest economy help? Criticism will reduce only when leaders started to do the needful for Nigerians.
See how Buhari is smelling with this fat lies 😃😃
All hail naija.
What has it benefit the masses?
Rubbish talk
Ok o!
Liverpool lost a match, Arsenal fans go into frenzy. South Africa economy goes into recession, Nigerians celebrate.
Change the story now, this is bad news.
Only in the news that we are biggest African economy.
Fraud
All the negative comments comes from peoples of south east ?
Where’s Didiyata?
Nigeria is a joke. We celebrate that South Africa enter recession and we become Africans leading economy. It is not an achievement. It could be achievement if there is an improvement in our economic strategy and honest executions. Who sold monkey to buy dogs. Sitting position
Na lie o, big lie!
Mitcheeeeeeeew... if Nigeria with the poverty rate becomes the leading and giant of Africa as South Africa enter recession, then Africa as whole should be weeping and evacuate all the old recircled politicians from positions occupied
Greatest JOKE ever!!!
Think am now🤔🤔🤔
Catalyst4eva Na waa ooo! Where's Ghana?
Ewu
Tarrrr
IS NIGERIA COMPETING WITH SOUTH AFRICA? THE SOUTH AFRICANS EMBRACES AND PATRONIZES MADE IN SOUTH AFRICA ITEMS IN ORDER TO BOOST THEIR ECONOMY. BUT THE NIGERIAN LEADERS PREFER FOREIGN ITEMS
Please is there another Nigeria in this world
Audio money
If this is true, that means African is doomed
E koshi danu joh
I cn imagine Buhari's face rn😎
which nigeria? On which statistics? Is this a future prediction or before?
Even our president cannot beat his chest and say this..
Abdvl_Wengz Which economy?
Biggest economy but no reflection on standard of living...
rumor
Nigeria biggest economy in Africa? This is the biggest joke of the Centuary.
Nonsense. PMB has failed
Biggest economy without basic infrastructures? Biggest my foot.
I can't wait for Lie Mohammed to come brag about this🤣
I think now has the worst journalism in Nigeria. Just imagine a headline as this...
Lolsss... position we will soon vacate... 🤣🤣🤣
It is not about statistics but positive effort Nigerian populace. Politicians will rejoice now thinking they are making progress but in actuality nothing.
Where are the pundits...
Statistics that doesn't have any effect on hunger.
N y is dis one in d picture laffin, as if he even undstd d headline
Audio news
Audio biggest economy. Nigeria is still the global capital for extreme poverty. Meanwhile, Garba, Lai or Femi will soon shake some tail feather as achievers. Oluku people.
Hardship is more worsening than recession. abeg
Really
MAY YOUR ENEMIES BROADCAST GOOD NEWS ABOUT YOU THE WAY PUNCH NEWSPAPER HAD NO OPTION THAN TO BROADCAST THIS NEWS WITH MBuhari's CUTE PHOTO!
At least their shakara towards us go reduce....although I hope it's true....and we should stop receiving ourselves on being number one o.....amidst all these crazy killings here and there, kidnapping and banditry..... God help Nigerians
I want to believe but 😀😀😀😀😁😁😁😁😁😆😆😆😆😆😆🤣🤣🤣🤣🤣🤣 in me wont let me express myself verbally. Nigeria we hail thee...
We thank God
We thank god
👌👏👏
Thank you His Excellency President Muhammadu Buhari for your continual efforts in improving our economy. May Allah give you more will to do more.
Biggest economy while many of us business owners are running a business with huge debts to pay .... don’t see how this news translates to reality
But useless one
I don't see why this is news worthy !!!
Which ECONOMY please? Do we even have one?
Nonsense
All these economic yoyo with inconsistencies doesn't give lasting joy.
Good to know, sadly only few enjoys the benefits...
Is this true, or just a hoax to get our Hope's up?
Biggest economy on paper😂😂
Shame on you
Lol
Really
All we do as Nigerians is to criticize this country....we ourselves don't want something good for ourselves...
Lols una recession dey load o e dey 35% e go soon shele
Biggest economy in Africa yet there's no adequate power supply, security and medical facilities for an average Nigerian 🇳🇬
They can fight foreigners but they cant punch their own GDP out of getting into recession.. I thought the msele tsieke loma wene mwanzi to go and purchase a recession 🤣🤣🤣
Come back for the xenophobic ones 🤣
Has aso rock stupidity infected you guys too?
Who published this fake news? Nigeria emerges Africa's biggest economy? Where is the economy? Rubbish!!!
Na Audio 🤣🤣🤣
Not Nigeria but few Nigerians as the largest economy... But I still wonder how... Them de buy news like this
Life is still better in South Africa. World class infrastructure, constant power supply, health care, good wages, low corruption rate and still in firm control of key sectors of the Nigerian economy like telecommunications, pay tv, malls, hotels, construction, etc, etc.
There is not impact
Baba still laughing 😂😂😂😂 Joke of the year
Audio
So SA's downfall is our shining light, My country people, Relativity and realities are different worlds....wake up
Sharap!
Doesn’t reflect on the citizenry , a lot of Nigerians in poverty ....EXTREME ExTREME poverty.
We should celebrate an elevation when people are no longer hungry and things are going well. It is not an elevation when your position changes from bottom to top but the economy of the people seem to be deteriorating due to hardship caused by a constantly collapsing system.
This is a poor reportage! Nigeria has had the largest economy in Africa since before PMB & even during recession it was still the largest. Most of us here just make comments out of ignorance.
Oya, up naija, bujebudanu, oloriebi baba bukata... 😂😂😂 Awon clowns
Upon all the suffer wey everybody dey suffer 🙄
South africa its one of the most organized nations in africa. the tribal killing in nigeria is worst than xenophobia.....south africa is the dubai of africa, finer and well organized than some european countries.
south africa in recession is still better than nigeria, do we put the population,gdp and foreign exchange rate into consideration. south africa is 40millions and we are over 200millions. agriculture, manufacturing, tourism sectors etc are very vibrant in south africa
Lmao!!!
Fake news
Rubbish comparing S.A with Buhari's Nigeria. It's delusional to compare heavy military arms producer and producer of finished energy for machines and industries with MBuhari's Nigeria home of Islamic extremists killing and maiming citizens on daily basis.
PROPAGANDAAAAAAA
Exclusive and oppressive biggest economy.
Zoo better pass amusement park. Werey gbogbo!!
😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂!
Wake me up
why are we always waiting for other teams to loose so that we will qualify. can't we just qualify without hoping for others to loose ?
Biggest my foot
Let this reflect on the lives of the citizenry.
Bullshit
Someone should tell them we have handouts fa.
How is that our business in Nigeria here,we are talking about Nigeria suffering from hunger,you are here telling us nonsense rubbish...biko no comment
Nigeria produces 10,000 MW of electricity but there is no light in my house.. That's how i understand this post.
It show that if Nigeria is the biggest economy that means Africa should be wiped out from the earth . We are nothing
So is this how poor Africa is? For Nigeria that I'm in to be the biggest economy in africa at this time, the smallest economy country go be like wetin self...
Isn't Africa just fucked up
This is the sort of news that buhari likes, see the otondo smiling showing his gaptooth. Baba Ode ayirada asiere!
Nigeria emerges Africa's largest economy because South Africa went into recession. With what exactly. The high rate of insecurity or with rice production cos it is not adding up. With south Africa's recession, they still 1trillion times better than Nigeria. Not comparable 👌
Even the news is punching punch 🥊 You have no choice but to report it 🤣
Osisco
'Nigerians caused it'. They could say.
Are people living better in Nigeria with no power, bad roads, Insecurity, poor healthcare and many others...
Biggest economy, when the average citizen of the country can't feed themselves, where all the necessary amenities are found wanting, this is the greatest joke of the year.
Nigeria don commot from their own recession? When ? Because it's still the way it was hunger without end inflation up GDP less except you are judging from the recent trip to Dubai for mom 90th bday if you really want to know the inflation rate dont use only Lagos
How has it translated into the lives of poor suffering masses?
By all know sane studies, economy grows when the country is secure and peaceful not when Fulani herdsmen killing, kidnapping and Boko Haram activities are on the increase, but my people say 'in the land of the blind, anyone with one eye that can't even see well will be their King
The biggest of the poorest
With exchange rate at how much per Naira to Rand ?
Must we deceive?
Read before you criticize the government and start embarrassing yourself.
Do you rise by revelling in the downfall of others. This is false growth and we sure have alot of work to do. We need growth that would reflect in the lives of Nigerians
Imagine the news, If South Africa did not enter recession, Nigeria would be no where to reckon with
When Nigeria was in recession and SA became the biggest economy in Africa, I didn't hear South Africans say the feat was achieved because Nigeria entered recession. You people just hate your country because of Buhari. No one prospers in a place they hate Rethink
Paper economy!
If this present Nigeria is the best economy in Africa. Then Africa is dead
News: 9ja entered recession Wailers: Buhari is useless and incompetent News: 9ja is the biggest economy in Africa. Wailers: It's because SA entered recession. Me: Despicable Wailers are unconcerned about who and what took them into recession? They just hate God news about 9ja.
Nigeria always come tops not because of what we're doing right but by what others are doing wrong
Africa is really poor a poor nation among poverty
Life Drama
My people call it. A person who death made him a KING. that's to say not bcz he workwd it out but it came him by chance. (Nigeria Africa's biggest economy by accident)
Thank God for Nigeria
Na hunger go kill dem... Shibi na den day kill our pple
really?
Am just passing ...
Where are these data coming from? How can a country that can't provide 2 hours of electricity a day to its citizens compare its with South africa? South african population 56mln power generation= 51,000 MW Nig. 200 mln, Power generation 4,000 MW or less. Do the maths
What is your definition of biggest economy?
Khutjobodila chairman what's happening
Nigerian and African paid media and all the hype but nothing to show for the so called economy. Some selfish ones here still saying people hate good news like they are seeing any growth in reality. Nigeria is always in constant retardation.
According to Bloomberg, projections show Nigeria’s economy will continue to grow faster. I hope this helps affects the poor Nigerians soon
Biggest economy in producing what¿
Hhhh, stupidity
We didn't 'emerge' anything. We're just the next biggest.
Progressives always look out for good news. If u need bad news wait a little bit toilet paper n SaharaReporters will soon bring it
Pls why is buharis pic on this headline, not like he knows whats happening
Put under general Buhari' s regime ishakaa
Reason why I voted pmb. May Nigeria succeed.
Punch tissue paper online. Even before SA entered or reentered into recession, which was the biggest economy? U can enjoy you flare of nude dances when it last because soon d shame of national prosperity will propel you to either close shop of redefined your unpatriotism
Coming from punch 😂😂😂😂
Bigot's and enemies of Nigeria eat ya heart out.
Hahahaha with this news i guess we are supposed to be singing and dancing. Oya church members join me o 🎤 🎙 🎵 i have seen - seen the downfall of SA, glory be to ......
Kingcefo I don't understand why MBuhari picture is ere oo, why's he smiling because a country is in recession 🤷♂️? Oh !! I guess that's how happy BH are always happy wen Nigerian military keeps deceiving itself
We need paper prove
Bad news for wailers.
The wailers, I mean the haters can't see that!
Africa's biggest economy with nothing to show for it. Nigeria's HDI is till in the toilet. Youth unemployment is at about 30% and rising, half the population is living in extreme poverty. We have an insecurity problem. Health care is shit. Politicians are not dying. Abeg 😏
Nigeria? For real? But the impact is not reflecting
Somebody should explain to me with the current state Of the country 🧐🧐🧐🧐🧐
That means Nigeria only attained that spot because south Africa enter recession? Is that a reason to celebrate? Its like being awarded the woman of your dream only because the love of her life dies. That is not a victory. That is a CURSED.
What is there to celebrate with the level of insecurity in our Nation?
Wailers will not trend this... congratulations 🍾 Nigeria 🇳🇬. Change promised and delivered.
End time
Nige what!?🤨🤷🏾♂️
The comments under this tweet shows how unpatriotic Nigerians are. Can you at least applaud some achievements. Stop being a sadist 💔💔💔
Our presido no con travel again wetyn happen now So e fit sit down for Nigeria like this
how
This is one of the News some people hate to hear/see... Nigeria shall be great again. Insha Allah
Audio economy
Punch, why the picture of Mr. Lifeless?
Rubbish
It is a farce. What’s the import of the biggest economy with unreliable and unstable power coupled with wantonly phenomenon of the deaths of the citizens on a daily basis? It is sickening for the Buhari-led government to deceive itself of ever overtaking SouthAfrica on economy.
Its of no use to us coz citizens are being suffering
And so? Audio biggest economy
So na when another Country fall na him we take dey shine? What happens to overtaking?
Do S’Africa hv to go into recession for Nig to shine? On d yardsticks for int’l assessmt of economic success, consider nt’l GDP, foreign reserves, borrowing, unemploymt, security, infrastructure, law/order, justice, edu, healthcare etc. How great are these indices compared to SA?
Nigeria have never left recession since 2016
'Gen. Muhammad Buhari (rtd) lift Nigeria to the leading Economy in Africa'. AptHeadline
How?
Nigeria emerges as africa biggest AUDIO economy 😆
And this is supposed to be great news?
Expectedly, APC apologists and Buharists will celebrate this obvious deceptive news. Curiously these are the same people who never believe this same assertion/claims under Jonathan regime, when the economic indices and facts on ground gave more credence to the claims.
Audio...
Keep rating yourself
Biggest economy or Biggest population?
By books 😁
Madness
What does it mean, when most of the citizens are wallowing in poverty.
Even 8n their recession, their par capita is still better than Nigeria's
If Nigeria emerges Africa biggest economy then, Africa never had economy in the first place.
Audio overtaking ... Why his picture? Stop the killings of the innocent ones Non of the rich family involved only the poor... There is God
Hehehe Big joke...
Don't we get it!!! We have actually nothing to celebrate, Nigeria's emergence as Africa's biggest economy is bcuz SA went into recession, not bcuz we out performed SA economically. We must strive to be who we used to be, the great Giant of Africa, without contest.
Nigeria emerge African biggest foolish economy
Seriki fight corruption to a standstill please .
Biggest only because SA is in recession not because of economic gains, growth or policy foresight. Nigeria & it's economy under MBuhari's watch is a fumbling, floundering, incoherent aberration.
Only on the news abi
Biggest economy how? But again if going by my personal experience from other Africa clime I will have to say Nigeria is doing well. But more needs to be done to avert the nomadic conditions among us.
How does this impact on millions of ordinary citizens?
Fake news
Nigeria has always been the biggest economy on paper so this is a not big news to me. What is the per capita income of average Nigerian?
It means there's no progress in Nigeria's economy, ours remains, while the higher economy dropped below, which means our leaders are not making any moves at all. Biggest economy my footh, we would have over take South Africa.
we must watch our NBS carefully before it goes rogue like s'court.. How could we have grown inflation rose, pmi declined?
Just say 'again Nigeria emerges biggest economy'. Adding that SA slips into recession with this picture makes it seem as if we dey laugh dem. Na dis kind tweet dey divide our Africa shaa.
We can't relate 😒
When will the common man on the street feel this biggest economy impact? Things are getting harder, they should take note of that.
Lol y'all hate to see and hear good things about ur own country. Still can't understand this mystery.
With PMB in power, our economy is secured.
They paying you alot to tweet this
Na Audio 🙄
Na banza
Scam oo
Yinmu audio hype smh
Biggest economy...due to our population, I guess. Not by any extraordinary effort by this regime but Mark my words, GarShehu will reel out a long tweet to claim victory and praise the 'mediocre' regime of MBuhari for the feat. They celebrate even rainfall as achievement.
MBuhari and his cabinets should be ashamed of the govt they have provided nigerians with. a govt that approves terrorism and stampedes on human rights. a govt that hates progress but promotes propaganda. a govt of lies, deceits and cover ups.... naija, I hail thee
GabrielOtung DanielShaibu7
Children's of hunters are angry, go hug transformer if d thing no do u...
Every doubters and sad people cos of this story aren't different from Boko Haram. Misfits whose happiness is tied to sad news about their country.
ShopEverythingTacha Tacha
Since it's not a negative news about Nigeria's economy, the comment section is filled with hate and bitterness. Nigerians, what do you have to gain by wishing your country bad luck? We can do better.
Biggest economy on paper and pages of newspapers
Check again after deducting our debts.
No good roads, no electricity, no good govt schools, a high of unemployed youths, high rate of insecurity, high level of corruption, bad leaders. Pls with all these on ground how can we become the biggest economy in Africa. 😂😂😂😂😂
And dollar is 360?
How does that put food on the table of the poor?
Unfortunately, NOTHING to show for it 🤔
Some of us are really daunting, I am not denying what is happening in this country but nevertheless, it is still our country, we should not criticise but pray, wail but hail, abuse but flatter, South Africans only pray and support their country in good or bad times at all cost.
Their per capita income is still higher than Nigerians. STOP using all these economic indices because they don't reflect on the citizens. We must have other indigenous indices.
Am Sure Nigerians are still waiting to collect SA visa
They say say we can celebrate insecurities also
Ontop Capital Of poverty
Praying for our neighbours to fail to justify our incompetence and protracted failure is mortifying.
You people, stopeeet. 😂😂😂😂
...with nothing beautiful to show for it, from an average Nigerian
Am yet we run to borrow The masses wallowing in poverty No meaningful life People living from hand to mouths So, what different if Nigeria is the biggest?
Nigeria has always been the biggest economy tho. Even without South Africa entering recession.
You didn't beat your opponent to win the competition. Don't forget that
Which economy
In CHRIST AMBASSADORS INTERNATIONAL COLLEGE, IBADAN, we build World Leaders who would strengthen the Economy of Nigeria the more
Clock dey correct 2 times a day... Wow
If Nigeria is Africa's biggest economy, African countries are not doing any better.
What a remarkable achievement indeed
What a caricature economic development, twerking at the plight of the common man. Now Buharists will loud the volume of failure and beat the gong of shame and hypocrisy.
Nigeria and their voodoo economy?
On papers
Never despise the days of small beginnings. This is great news for this country. Despite d insecurity and other associated problems,we still moving n dominating. Govt should remain focused.👍
Where's the biggest economy in Nigeria? While poverty, insecurity, and Book Haram is ravaging Nigeria.
Can't the news just read South Africa enters recession without trying to drag Nigeria into it... What makes us the biggest economy? Is it paper writing that has a different story when u get to the people?
SA still wayyy better
South Africa in Recession and this misplaced priority called president is smiling....
Even in Recession South Africa is better than Nigeria in infrastructural development..
Economic growth and increase in Gdp is irrelevant if govt cannot utilize it’s resources for human capital development. Nigerians are still living in poverty with bad healthcare, bad education systems and horrible environment without adequate infrastructure.
We're finished if Nigeria as the biggest economy of Africa is the condition of Africa.
Audio
Keep deceiving urself der......na thunder Fire u all
thats another story for Nigerians
As in wetin Buhari dey dream or what? I only know we are biggest in terms of mass burial, poverty, kidnapping, bandirtry, suffering and employment. Stop jocking!
What Nigeria minimum wage compared to the 🇿🇦 South African
For where? Una dey deceive una self
Brainmetry Hahaha, Africa biggest but no electricity, water, jobs, no security and no government?😁😁😁🤣🤣🤣🤣
😋
Time to gloat but still making nothing out of it.
Stop deceiving yourself, Nigeria is the worst economy in Africa, even with SA in recession, it beats Nigeria hands down, WHY, no electricity, no good roads, no water, & no industrialization in Nigeria. Plus it's the highest poverty country in Africa.
What has south Africa recession got to do with Nigerians Abi you dey mad ni 🤷🏽♂️
Yet it's better living in recession plunged South Africa than economy booming Nigeria. Nigeria is a Scam!
Biggest economy without electricity.
Wailers easily believed when nigeria entered recession but when our economy grows they reject it...is like you people need to visit the psychiatrist asap... 😀🤣😅😂😀😃😄😁😅😂
You're doing we Sai baba MBuhari
Biggest economy not because of our progress but because of others slump.
Nigeria is not doing good; the country is not secured; things are not really right; but the way some people hate hearing good news coming from Nigeria cannot solve our issues. May God help us address our issues!
Then Africa has a very huge problem.. If the young people fails to change this situation, Africa will end up, being a recolonized continent indirectly.
Mofor o. Biggest economy my ass
New episode of mirage started for gullible followers
Nigeria and permutations. We need another country to go down before we brag.
Nigeria emerges Africa's biggest economy on paper as we are yet to see d impacts on the common man on the streets
Well biggest economy but worst in operation and leadership
I swear u would think Nig is still in recession with the level of damage done by This govt..
ovon246 smh
African biggest economy on paper not in action
Not cause we substantially grew but because South Africa entered recession.... Your neighbour has 10 chicks and you have 6. If 6 of his chicks died, has your chicks increased? Doesn't mean you don't have more chicks than he does now... But not cause your chicken rank swell
Then South Africans should migrate to Nigeria for a better life!😅
Ok
Can you stop deceiving yourselves and continue on your backward slide into oblivion. Self delusion at the peak.
Biggest economy with so much hunger in the country, no electricity. Biggest economy my foot!
With biggest debt, the president only know how to take LOANS from China and IMF, Nigeria is currently paying 30% of her daily income as interest to China.
White lie
Just Negodu
In Y'all Wildest Dreams .. Oil Reserve Depleted, borders closed .. maka How
Lol.... Our glory is in MP3 format😂😂😂
Fake news
All this assertions don't put food on anybody's table. Just cut it!
Capitalists takes the credit, not the government. Stop using Buhari's picture in caption, snap Oshodi market or Abba.
Lol,
HAHAHAHA, IS THAT WHAT WE ARE WAITING 4 SINCE, 4SOMEONE'S 2FALL.
Biggest economy that doesnt reflect on its people,shame on this govt
Big lie
What is big about the poverty capital of the world?
Stop lying
Since you people have been neutral let me trust this news.
How is it
Biggest Economy hoax
And we are still hungry!!
africaupdates Useless bloggers feeding people with shit false news
On pages of the paper and not in the pockets of Nigerians
Measured on what parameters? this report is bias.
Which nigeria please?
This picture fits the headline 😂😂😂😂
Something that the common Nigerian will always see as a mirage. The biggest economy yet no single average Nigerian has seen its impact. Story for the gods!
What a bad news 🤦
We emerges because south africa slump not that we increased in GDP
Then the whole continent is in serious trouble coz Nigeria is also a joke at the moment.
Africa biggest economy but the citizen are not feeling the impact of the economy
Interesting! Africa’s biggest economy in the midst of insecurity, unemployment and daily increasing poverty!
Because another country entered recession, smh.
Which number one when no one is safe in the country. There are more killings in Nigeria than Syria that is officially in civil war. Joke of a country and government
Senseless news
Kini npa eleyi lerin pls
This headline is why people need to read contents with at least a basic knowledge of economics.
Good development
Audio biggest. 😂 joke Country
Biggest economy on paper and Nigeria media, still a story for common Nigerians
That nice
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