Nigeria climbs four places to 8th in Bloomberg Africa investability ranking
Nigerian outlets report the country made the largest gain among major African economies in Bloomberg Economics' 2026 Investment Risk-O-Meter.
What happened
Nigeria rose four places to eighth position in Bloomberg Economics' 2026 Investment Risk-O-Meter, a ranking that assesses the relative investability of 19 African economies.123
Nigeria was the biggest climber among major African economies in the scorecard, which was released this week.1
According to Nairametrics, Nigeria overtook Rwanda, Tanzania, Kenya and Namibia, with reforms improving its performance across three of the five metrics assessed.3
Punch attributed the improved ranking to President Tinubu's economic reforms.2
Key points
What the coverage leaves out
- None of the outlets reviewed named all 19 economies assessed or gave Nigeria's full scorecard across the five metrics.
- None of the outlets reviewed included comment from Bloomberg Economics beyond the ranking data, or reaction from the Nigerian government.
- None of the outlets reviewed specified which countries occupy the top seven positions in the ranking.
Why it matters
Sources (3)
Every outlet we drew on, grouped by where it is based. Read the originals for the full reporting.
Africa
- 1VanguardNGPrivate
- 2PunchNGPrivate
- 3NairametricsNGPrivate
Nigeria rises four places to 8th in Bloomberg’s most investable markets ranking