10 Best Universities to Study Economics in Nigeria

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Economics is a course under social sciences that studies the behavior and manner in which people use resources. The course focuses on the production, distribution, and consumption of goods and services. Economics is a relevant profession in today’s society as organizations and businesses need professionals who are able to offer expert advice and consultation services in how their resources are managed so as to enhance growth. Graduates of Economics work with companies, financial organizations such as banks and public bodies in the role of consultants who advise on policy and business strategies. This article highlights the best universities where you can study Economics in Nigeria.

10 Best Universities to Study Economics in Nigeria

Read on below:

Covenant University, Ota

Covenant University is arguably one of the best private universities in Nigeria. In its short existence (2002), the school has achieved remarkable feats, especially in the area of research. Many graduates of Covenant University occupy top positions in both national and international organizations. Though Covenant University is still a very young school compared to other public universities, the institution has proven itself to be a leading private university with the sole aim of graduating students who can compete on a global level. The department of Economics is under the College of Business Studies. The College of Business Studies was founded in 2002 when the school was established. All the programs under the college are accredited by the National Universities Commission (NUC). The department makes sure to use modern teaching aids and research in imparting knowledge that its students will relevant in today’s world.

University of Lagos, Lagos

The University of Lagos, popularly known as UNILAG is one of the most sought-after higher institutions in Nigeria. Its students are exposed to various opportunities, information, and privileges to equip them to work in companies and financial organizations. Through internship opportunities in organizations in Lagos state, many Economics students at UNILAG are able to gain the hand on experience needed to excel in the role of Economists even before they graduate. The University of Lagos also has many lecturers who have been in the teaching profession for years and are able to impart the relevant knowledge needed to excel in the profession. Most importantly, the University of Lagos is among the top best school in Nigeria. Graduates of its Economics department are excelling in various areas both nationally and internationally while applying knowledge learned in school.

University of Ibadan

The University of Ibadan is the very first university ever to be established in Nigeria. The institution was established in 1948.  The University of Ibadan continues to rank among the best universities in Nigeria after so many years. Its Economics department has grown to become one of its leading departments. It has earned its reputation as a leading department in research globally. The University of Ibadan is known for retaining the highest number of Professors, so you can be sure to be trained by those who are well learned and have spent years in the profession. The management of the department maintains its standards of excellence using quality learning aids and reviewing its curriculum to accommodate the modern practice. Graduates of the Economics department are working in top positions in various organizations in and out of the country.

Obafemi Awolowo University Ile-Ife

Obafemi Awolowo University is another of the best institutions to attend in Nigeria. The Economics department at the Obafemi Awolowo University was founded in 1962, making it one of the founding departments of the institution. Over the years, the department has grown to become the largest in the entire university. Its Economics department is under the Faculty of Social Sciences and is one of the largest in the University. The department aims to prepare its students with relevant skills for highly rewarding careers both in and outside Nigeria. The department of Economics at Obafemi Awolowo University offers a broad range of courses that have been designed to cover all aspects of economic and business life. Upon graduation, students are awarded a B.Sc. Economics and equipped with the relevant skills and knowledge needed to excel in the outside world. Graduates of the department are doing very well, especially in the financial sector where many of them occupy top positions.

University of Nigeria Nsukka

The University of Nigeria, commonly referred to as UNN, is the first indigenous university established in Nigeria. Its mode of education is modeled after the American educational system. Its Economics department is under the Faculty of Social sciences and offers a BSc. Economics upon four years of study. The philosophy of the department has been to train its students in Economics so well that they are well armed to play positive roles in the financial sector of Nigeria. Students of Economics at the University of Nigeria are well-grounded in theories, methods and philosophy of economics. Its students are taught how to observe, understand and critically analyze data to be able to solve socio-economic problems in Nigeria and beyond. They are also engaged in the various internship and learning opportunities so they can learn how to practical ways to apply knowledge learned towards the social and economic advancement of the country and the world in general.

Afe Babalola University, Ado Ekiti

Afe Babalola University Ado, commonly known as ABUAD has constantly made the list of best private universities in Nigeria. The institution is a Federal Government-licensed school that has a unique model of teaching.   Its School of Economics and management studies is under the College of Social and Management Sciences. The department prioritizes constant and thorough research so as to keep its students abreast of modern practices in the world of economics. Students have access to well-learned and experienced lecturers who can always answer their questions and teach them all they need to know about the profession. Lastly, the department is equipped with modern teaching facilities including E-learning platforms and electronic boards to help students better understand what is being taught.

These are universities where you are guaranteed of quality education to start off a career in the field of Economics.




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