Nigeria Loses $8.8trn To Capital Flight       The House of Representatives has urged the Federal Government to develop an effective mechanism and strategy to prevent the persistent occurrence and address the menace of capital flight in Nigeria. The House said it was aware of the Central Bank...

Annual Capital Flight In Telecoms Now $2.16bn – Fed Govt         The capital flight in Nigeria’s telecommunications sector is as high as $2.16bn annually, the Federal Government has declared. Minister of Communications and Digital Economy, Isa Pantami, made the declaration at the Digital Nigeria Day, quoting a...

Nigeria Loses $3bn In Capital Flight To Foreign Airlines Dominance, Says AON The Airline Operators of Nigeria has called on the Federal Government to support domestic carriers, saying that foreign airlines had dominated the country’s airspace resulting in about $3bn capital flight, annually. The Chairman, AON,...