Mupita said that Nigeria has what it takes to become one of the biggest economies in the world. This is in reference to a Goldman Sachs’ reported which projected Nigeria to be the 5th biggest global economy by 2075.

Ralph Mupita, Group president/CEO, of MTN Group said this in his keynote speech at the Business Day CEO forum, analysing that the country’s large and growing population offers a substantial consumer market and labor force.

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“To realise this potential, Nigeria needs effective governance, economic policies, innovation, infrastructure investments, and improvements in education and healthcare.

“If all these are done effectively with the aim of attracting foreign investment and fostering sustainable development, Nigeria has the potential of becoming the 5th largest global economy by 2075,” he said.

Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.

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