• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Politics

AfDB Says Nigeria Lost $83.3bn To Illicit Financial Outflow

Editor by Editor
July 9, 2015
in Politics
AfDB Says Nigeria Lost $83.3bn To Illicit Financial Outflow
Share on FacebookShare on TwitterShare on Linkedin

RelatedStories

Reddit launches AI advertising tools to help brands target users through conversations 

Reddit launches AI advertising tools to help brands target users through conversations 

June 17, 2025
Ikpeazu’s administration left N4 billion in cash in Abia — Ex-commissioner counters Gov. Otti 

Abia State to launch 25-year Greater Aba master plan targeting infrastructure, economy, and flood control 

June 17, 2025
  • The Country Director of the African Development Bank, Dr Ousmane Dore, has revealed that a study commissioned by the bank has shown that Nigeria experienced cumulative illicit financial outflow totalling $83.3 billion between 1960-2011.
  • Speaking in his keynote address at a multi stakeholders meeting for the development of national compact against IFF out of Nigeria in Abuja, yesterday, with the theme ‘Domestic Resource Mobilisation (DRM) for Nigeria’s Development: A Need for National Compact Against Illicit Financial Flows (IFF)’

 

Ousmane said, “While the government of Nigeria has embarked on milestone reforms aimed at improving DRM in the country, the benefits of the reforms had been limited with the IFF requiring urgent attention.”

  • He recalled that the Global Financial Integrity had ranked Nigeria 7th among the top 10 highest illicit capital outflows in the developing world and first in Africa on the cumulative illicit capital outflows between 2001-2010 at a meeting organised by the Centre for Democracy and Development (CDD) in partnership with Trust Africa.”
  • Source: Leadership
Editor

Editor

Related Posts

Reddit launches AI advertising tools to help brands target users through conversations 
Sectors

Reddit launches AI advertising tools to help brands target users through conversations 

June 17, 2025
Ikpeazu’s administration left N4 billion in cash in Abia — Ex-commissioner counters Gov. Otti 
Economy

Abia State to launch 25-year Greater Aba master plan targeting infrastructure, economy, and flood control 

June 17, 2025
Israel-Iran conflict could trigger drop in FDI, portfolio inflows – SBM Intelligence warns Nigeria, West Africa 
Economy

Israel-Iran war poses risks to Nigerian investments, interest rates – CPPE 

June 17, 2025
EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says
Crime and Insecurity

EFCC arraigns Ponzi scheme director Precious Williams over alleged N13.8 billion fraud  

June 17, 2025
#EndSARS: IPMAN warns of looming fuel scarcity across the country, Update: Fuel scarcity looms as NUPENG directs Tanker drivers to withdraw services in Lagos
Sectors

Transport, maritime unions reject Lagos Govt’s N12,500 e-call up levy on Lekki Port-bound trucks 

June 17, 2025
MD FCMB, Mrs. Yemisi Edun
Bank Recapitalization

FCMB reassures investors on forbearance loans, outlines plan to sustain dividends

June 17, 2025
Next Post
Dollar @N239, Yet The CBN Has This Message for the Parallel Market

Dollar @N239, Yet The CBN Has This Message for the Parallel Market

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Reddit launches AI advertising tools to help brands target users through conversations 
  • Abia State to launch 25-year Greater Aba master plan targeting infrastructure, economy, and flood control 
  • Israel-Iran war poses risks to Nigerian investments, interest rates – CPPE 

Follow us on social media:

Recent News

Reddit launches AI advertising tools to help brands target users through conversations 

Reddit launches AI advertising tools to help brands target users through conversations 

June 17, 2025
Ikpeazu’s administration left N4 billion in cash in Abia — Ex-commissioner counters Gov. Otti 

Abia State to launch 25-year Greater Aba master plan targeting infrastructure, economy, and flood control 

June 17, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics