Business Hilights

Tracking Nigeria's Headline Business News Online

$7Bn ‘dash’ to 14 banks in 2006

That former CBN’s Dep. Gov’s hint on $7Bn ‘dash’ to 14 banks in 2006

Poser: Was the $7bn taxpayers’ fund a bailout really of a surreptitious attempt by then CBN leadership to channel parts of Nigeria’s foreign reserves to select Nigerian banks for management which later turned ‘dash’ for the banks?  Let’s start like…