By Agency Reporter   Thursday, 27 Jan 2011 Nigeria might have lost about $130bn (N19.5tn) between 2000 and 2008 to illegal financial outflows, a new report by United States-based group, Global Financial Integrity, has said. The report titled, “Illicit Financial Flows from Developing Countries: 2000-2009,’’ said Nigeria had the 10th […]

By Agency Reporter   Thursday, 27 Jan 2011 Nigeria might have lost about $130bn (N19.5tn) between 2000 and 2008 to illegal financial outflows, a new report by United States-based group, Global Financial Integrity, has said. The report titled, “Illicit Financial Flows from Developing Countries: 2000-2009,’’ said Nigeria had the 10th […]

By Agency Reporter   Thursday, 27 Jan 2011 THE Chief Finance Officer, Guaranty Trust Bank Plc, Mr. Demola Odeyemi, has urged the Central Bank of Nigeria to initiate strategies that will reduce the cost of doing business in the financial services sector. He said financial institutions were incurring huge costs, […]