ABSTRACT
This research uses Nigeria and Ghana as a case study to investigate the dynamics of economic interdependence in international relations. The data and information used in this research is mostly from secondary sources; books, journals, articles and websites. The study finds that trade, investment, and economic cooperation are the main drivers of the two West African countries' bilateral relationships, making economic interdependence a defining characteristic of their relationship. The analysis demonstrates how greater economic interdependence between Nigeria and Ghana has boosted regional integration, development, and prosperity. The detrimental effects on their economic ties, such as Nigeria's hegemony in trade and energy exports, are also highlighted. According to the study's findings, Ghana and Nigeria's diplomatic, political, and economic ties are now significantly shaped by their growing economic interdependence. It contends that for everyone's benefit and the success of the area, economic interdependence must be approached in a sustainable and balanced manner. The study recommends that Economic diversification and industrialization should be given top priority in Ghana and Nigeria in order to lessen reliance on basic commodities and improve trade connections, Ghana and Nigeria should promote more economic collaboration, trade, and investment by fortifying regional organizations and accords like the African Continental Free Trade Area (AfCFTA) and the Economic Community of West African States (ECOWAS), in order to lessen economic dominance and vulnerability, both nations should work to maintain a balance in their trade ties and promote reciprocal investment. To promote trade, investment, and economic cooperation, Ghana and Nigeria ought to discuss and improve on existing bilateral agreements and To improve their ability to successfully negotiate and carry out economic accords, both nations should make investments in these areas.
