Nigeria emerging market by the World Bank; it has been identified as a regional power on the African continent, a middle power in international affairs, and has also been identified as an emerging global power. However, it currently has a "low" Human Development Index, ranking 152nd in the world. Nigeria is a member of the MINT group of countries, which are widely seen as the globe's next "BRIC-like" economies. It is also listed among the "Next Eleven" economies set to become among the biggest in the world. Nigeria is a founding member of the African Union and a member of many
Ghana–Nigeria relations to Ghana, which the PNDC hailed as a watershed in Ghana–Nigeria relations. Subsequent setbacks that Babangida initiated in the democratic transition process in Nigeria clearly disappointed Accra. Nonetheless, the political crisis that followed Babangida's annulment of the results of the June 1993 Nigerian presidential election and Babangida's resignation from the army and presidency two months later did not significantly alter the existing close relations between Ghana and Nigeria, two of the most important members of ECOWAS and the Commonwealth of Nations. After the takeover in November 1993 by General Sani Abacha as the new Nigerian head of state, Ghana and