Nigeria has best economy in Africa according to Forbes

A major research firm, Forbes Africa has rated Nigeria as the 2018 best economy in Africa.

According to Forbes, Nigeria came top with $172 billion, which was followed by South Africa with $166.735 billion. Also on the list was Egypt as third with $78 billion, Algeria with $66, Libya :$65, Botswana: $22.675, Ghana :$20.458 Morocco :$18, Ivory Coast :$11 and Madagascar with $6.766 billion.

Nigeria’s West-African neighbours, Ghana, is seventh with $20.458, Morocco is eighth with $18 billion, Ivory Coast is ninth with $11 billion while Madagascar is tenth with $6.766 billion.

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Video - Nigeria's external debt hits a record $11.7 billion

Nigeria's debt to international creditors has increased to a record 11-point 7-billion dollars in three years, according to the country's Debt Management Office. Despite this, the country still struggles to provide decent roads, running water and uninterrupted electricity to its growing population. CGTN's Phil Ihaza takes a look at some of the reasons why.

Video - Nigerian authorities call for ban on gas sales in crowded areas

To Nigeria now, where state authorities are pushing for a ban on the sale of gas in crowded areas. It follows Monday's deadly explosion at a filling station in the central town of Lafia. At least 35 people have been killed and more than a hundred badly burned.

Video - Nigerian entrepreneur introduces ready-made headwrap

The Gele is a traditional Nigerian Headwrap. It is worn during special occasions.The head accessory is usually made out of heavy or stiff fabric that can be wrapped and moulded into a specific shape. Nigerian Designer Toyosi Ande is producing ready- made headwraps--revolutionizing the popular style for fashion conscious women everywhere.

Video - Many feared dead after filling station blast in Nigeria's Lafia town

An unknown number of people are believed to have been killed in an explosion at a filling station in the central Nigerian town of Lafia. Scores are reportedly badly burned. It's not clear yet what caused the explosion. Local media reports suggest there was a leak in a pipe from a tanker offloading liquefied natural gas. Others claim a spark at the fuel station caused the blast. There are conflicting reports of the death toll. The injured are being treated at hospitals in Lafia. Emergency services have been praised for their rapid response to the explosion.