“Nigeria’s $18 Billion Annual Loss to IFFs: A Threat to Economic Development”
By George Ozalla At the just concluded 2025 Conference on Illicit Financial Flows (IFFs), it is revealed that Nigeria loses a staggering $18 billion annually to illicit financial flows (IFFs), an ugly trend that has severe consequences for the country’s economic development, worsening poverty and undermining governance. Experts have raised concerns about the significant revenue […]
