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Capital Flight and the Growth of the Nigerian Economy

Capital Flight and the Growth of the Nigerian Economy

In Nigeria, the growing rate of capital flight has been one of the unresolved and perturbing macroeconomic problems for the past two decades. Furthermore, the recent global financial crisis and its generated problem of massive movement of funds out of the country has undoubtedly contributed to the regeneration of the growth of capital flight as well as the recent consolidation crisis which is threatening the banking sector . [Read more…]

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