Empirical Analysis of the Criteria for the Adoption of “Eco” Currency

This research work concentrates on analyzing how each of the West African Countries have performed in terms of meeting the inflation target, fiscal deficit, debt as a percentage of GDP, import cover as well as the target of tax revenue as a percentage of GDP.

The World, Africa, West Africa and Nigeria’s Economy in 2018

In 2018, the International Monetary Fund (IMF) put the value of all goods and services produced in the world at $84.74 trillion with the United States as the largest economy in the world at $20.49 trillion which is about 51 times the size of Nigeria’s GDP (Africa’s largest economy).
This research therefore aims to give a break-down of the world economy in 2018 with specific focus on Lagos State, West Africa and Africa while giving insights into comparing different economies.

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