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All posts tagged "Capital Flight"

  • Nigeria experiences $380billion capital flight

    The implementation of the Nigerian Content Act, by the Nigerian Content Development and Monitoring Board, NCDMB, has saved Nigeria a capital flight of about $380 billion and a job loss of two million in the oil and...

    • Posted April 23, 2013
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  • NEXIM Bank projects $60m for Regional Sealink project

    The Nigerian Export-Import (NEXIM) Bank said on Wednesday that it would execute a 60 million dollar Regional Sealink Project for West and Central Africa. The project, in conjunction with the Federation of West African Chambers of Commerce and Industry...

    • Posted March 28, 2013
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  • CBN Worried About Capital Flight

    The Central Bank of Nigeria (CBN) has raised alarm concerning the heightened potential for capital reversal in the country. According to the External Sector Development Report issued by the CBN, foreign inflows of capital increased 77% from...

    • Posted January 10, 2013
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