Nigeria ranked 13th least competitive economy globally

Nigerian economy has been ranked amongst least competitive economies in the world as the country ranked 127th of 138 globally – Report
Nigeria, for the second year in a row, is ranked the 13th least stable country in the world on the Fragile States Index (FSI) released by the Washington DC-based think-tank, Fund for Peace (FFP).
The Index measures levels of stability in 178 countries and ranks them according to their vulnerability to threats from social, political, economic and demographic pressures.
The 2017 FSI, released on Monday, is the 13th from FFP. Nigeria has been measured on the Index since it was first published in 2005 when the country was ranked 54, its highest position yet.
This year ranking placed Nigeria above seven African countries of South Sudan, Somalia, Central African Republic, Sudan, Democratic Republic of Congo, Chad and Guinea, which are all considered less stable than Nigeria.
Zimbabwe is co-ranked 13th with Nigeria and Ethiopia follows both countries as the 14th least stable country in the world.