https://www.economist.com/briefing/2020/05/02/which-emerging-markets-are-in-most-financial-peril

https://elombah.com/economist-rates-nigeria-high-among-66-countries-financial-exposure/

According to The Economist, among the 66 selected emerging countries with financial exposure, Nigeria is number 14 on the list, and second to only to Botswana in Africa.

It published a document listing 66 selected emerging economies ranked on four measures of financial strength.

The standard of rating include:

Public debt % of GDP
Foreign debt 2020
Cost of borrowing, and,
Reserve cover

The ten most favourably disposed include Botswana, Taiwan, South Korea, Peru, Russia, Philippines, Thailand, Saudi Arabia, Bangladesh, and China.

Concerning Botswana, an analyst stated:

“Botswana will be at the top; loaded with diamond wealth, only 2.2 million population and the same party in power for 60 years.”

Concerning South Africa, which is 47th on the list, he said:

“In South Africa the struggle becomes more obvious with 58 million [in population] stringent policies on beneficiation.”

Comparing the two countries, he said: “Botswana is the same, you just don’t see it on paper.”

The medium also counted Zambia, Angola, Tunisia, Gabon, Ghana, South Africa, Senegal, Kenya, Ethiopia and Uganda as the top 10 of those in Africa with most difficulties.

Taking into cognizance Ghana, South Africa and Kenya top the list of African countries with most difficulties and comparing them with Nigeria, another analyst said:

“Amazing! Nigeria is not doing badly.”

Yet another said: “Some people would be saddened by this news Nigeria isn’t topping the table of economies in bad shape.”

See the list and standard of rating as captured below in a banner:

Mynd44
Lalasticlala

Okay na!

This is where you commend OBJ and Yar’adua though I’m not a fan of any past or present Nigerian leader. They all destroyed the country!

The tyrant we have now is set to destroy any little progress made by any previous government though!

I know Nigeria is filled with hopeless problems but I still believes in her. Nigeria and Nigerians shall experience greatness in the not too distant future.

socialmediaman:
This is where you commend OBJ and Yar’adua though I’m not a fan of any past or present Nigerian leader. They all destroyed the country!

The tyrant we have now is set to destroy any little progress made by any previous government though!

Which useless progress obj and his two house boys made?

When he came in, we had two functional refineries, many textile and garment factories, better electricity, Naira was 60 to a dollar, throughout his tenure, oil price was rising everyday. By the time he left, he had killed all the assets listed above, he didn't build any infrastructure, if he did, tell me with proof. His two immediate successors finished the destruction he started, especially Dr Clueless, that one had the worst six years in the history of this planet!!!



I AM DONE TALKING

socialmediaman:
This is where you commend OBJ and Yar’adua though I’m not a fan of any past or present Nigerian leader. They all destroyed the country!

The tyrant we have now is set to destroy any little progress made by any previous government though!

You are unbelievable

JAMO84:
Which useless progress obj and his two house boys made?

When he came in, we had two functional refineries, many textile and garment factories, better electricity, Naira was 60 to a dollar, throughout his tenure, oil price was rising everyday. By the time he left, he had killed all the assets listed above, he didn't build any infrastructure, if he did, tell me with proof. His two immediate successors finished the destruction he started, especially Dr Clueless, that one had the worst six years in the history of this planet!!!
I AM DONE TALKING

You mentioned the price of dollar, why not mention that of oil, then tell us what it sold for between 2016 and 2019?

By the way we’re discussing foreign reserves, so focus on that and don’t derail the topic

ashacot:


You are unbelievable

Your point is?

good

Waiters and haters will not see this thread, if it's about Nigeria in bad light, they'd have swooped in here to curse Buhari, APC, Tinubu and Nigeria.

Area4Area:
Waiters and haters will not see this thread, if it's about Nigeria in bad light, they'd have swooped in here to curse Buhari, APC, Tinubu and Nigeria.

tRUE tALK