The need for an open - minded comparative analysis between nations of the developing world cannot be more warranted than it is now, hence the comparative evaluation of the Giant of Africa – Nigeria and the Warrior King – Ghana, both of West Africa. The study based the analysis on three key dimensions – Historical Reviews, Economic dimension and the Social/Political dimension that determine economic development of a nation. On the Economic and Social/Political dimensions, emphasis was on those variables such as Education, Health, Electricity Consumption, Corruption, Voice and Accountability, Government Effectiveness, Regulatory Quality, Political Stability and Absence of Violence/Terrorism and then Rule of Law which affect economic outcomes and hence national development. Using descriptive statistics, it was discovered that though the Giant and the Warrior king are still developing economies of the world, the Warrior King outperforms the Giant on their respective strive for economic prosperity. Consequently, policy options – DRACE was suggested for both nations, but most importantly for the under-performing Giant, to unlock them from their economic underdevelopment traps.