Best Schools for Economics in Nigeria

Nigeria has some of the top institutions for studying economics, offering comprehensive programs that blend theoretical and practical approaches to the subject. 

These schools are known for their strong academic reputations, experienced faculty, and rich curriculum that addresses local and global economic issues. 

Students can expect a vibrant academic environment where research, analysis, and problem-solving are emphasized. Graduates from these institutions often pursue successful careers in various sectors, including finance, government, and international organizations.

Best Schools for Economics in Nigeria

1. University of Ibadan (UI)

2. Obafemi Awolowo University (OAU)

3. University of Lagos (UNILAG)

4. Covenant University

5. Ahmadu Bello University (ABU)

6. University of Nigeria, Nsukka (UNN)

7. Lagos State University (LASU)

1. University of Ibadan (UI)

The University of Ibadan is Nigeria's premier university, known for its strong focus on academic excellence and research. The Department of Economics at UI has a long-standing reputation for producing top-tier economists. 

Students benefit from a well-rounded curriculum that covers areas like microeconomics, macroeconomics, development economics, and econometrics. The university also encourages research that addresses Nigeria’s economic challenges.

2. Obafemi Awolowo University (OAU)

Obafemi Awolowo University, located in Ile-Ife, offers one of the most respected economics programs in Nigeria. The faculty is highly experienced, and students are trained to think critically about economic issues at both national and international levels. 

The program emphasizes analytical skills and the application of economic theories to solve real-world problems.

3. University of Lagos (UNILAG)

The University of Lagos is known for its diverse student body and strong academic programs. The economics department offers a comprehensive education that combines theoretical knowledge with practical skills. 

UNILAG emphasizes research and innovation, encouraging students to engage with economic policies and trends that affect Nigeria and beyond.

4. Covenant University

Covenant University, a private institution, stands out for its modern approach to education. The economics program is structured to produce graduates with strong ethical foundations and analytical skills. 

The university emphasizes entrepreneurship, leadership, and research, which positions its economics graduates to excel in various industries.

5. Ahmadu Bello University (ABU)

Ahmadu Bello University, located in Zaria, has one of the largest and most established economics departments in Nigeria. The curriculum focuses on economic theory, policy analysis, and quantitative methods. The school trains you to understand the complexities of the Nigerian economy and contribute to solving developmental issues.

6. University of Nigeria, Nsukka (UNN)

UNN is one of Nigeria’s oldest and most prestigious universities, with a strong reputation in economics education. The department offers a broad-based curriculum that prepares students for careers in academia, finance, and policy-making. UNN focuses on producing graduates who can address economic challenges in Africa.

7. Lagos State University (LASU)

Lagos State University offers a dynamic economics program that reflects the realities of Lagos, one of Africa’s largest economic hubs. The program combines economic theory with practical applications, providing students with insights into both local and international economic issues. The university promotes research that focuses on Nigeria’s urban and economic development.

Which One Should You Choose?

Choosing the right school for economics depends on your goals and preferences. If academic prestige and research opportunities matter most, the University of Ibadan or Obafemi Awolowo University are solid choices. 

If you’re looking for a vibrant urban experience with a focus on policy and innovation, consider the University of Lagos. For those who prefer a private institution with a focus on entrepreneurship and leadership, Covenant University stands out. 

Ahmadu Bello University is ideal if you want to engage with northern Nigeria’s economic context, while the University of Nigeria, Nsukka provides a balanced approach to African economic challenges. 

Lagos State University offers a unique advantage if you’re interested in studying economics within the context of a major economic hub like Lagos.

Admission Requirements for Studying Economics in Nigeria

• Obtain a minimum of five credits in relevant subjects, including Mathematics, English Language, and Economics, at WASSCE or NECO.

• Have a strong score in the Unified Tertiary Matriculation Examination (UTME), selecting Economics and other relevant subjects.

• Participate in the Post-UTME screening process, which may involve examinations or interviews to assess suitability for the program.

• Meet the minimum cut-off marks set by the university for admission into the economics program.

• Submit O' Level results, obtained in no more than two sittings, demonstrating academic consistency and readiness for university study.

Conclusion

 When choosing where to study economics in Nigeria, the University of Ibadan stands out for its academic prestige and strong research focus, while Obafemi Awolowo University emphasizes critical thinking and practical problem-solving. 

The University of Lagos offers a vibrant, urban learning experience, and Covenant University combines modern education with entrepreneurship. 

Ahmadu Bello University provides deep insights into the Nigerian economy, especially in the northern region, while the University of Nigeria, Nsukka prepares students to tackle African economic challenges. 

Lagos State University uniquely positions you to study economics within the context of a bustling economic hub.