The World Bank in its Nigeria Economic Report 3, released recently in Abuja, stated that for the country’s economy to survive within this period, fiscal adjustment will be of critical importance, warning that even if oil prices recover, government oil revenues should continue to decline in the medium term relative to the size of the Nigerian economy.

Following the faceoff between Federal Reporting Council of Nigeria, FRCN that led to the sanction of Stanbic IBTC over its audited accounts for 2013 and 2014 and suspension of the financial reporting numbers of the bank’s Chairman, Mr. Atedo Peterside, and its Chief Executive, Mrs. Sola David-Borha, Shareholder Activist, Alhaji Gbadebo Olatokunbo, expressed concern stating that shareholders were misled by the information made available by FRCN.

Ghana investing in fossil fuels is “inconsistent” and contradicts global efforts to stem climate change, environmental activists say.

The paper quoted a government spokesperson saying that the company is a “major contributor to the UK economy and is an important supplier of defense equipment to the government.”

The Director of Public Prosecutions of the Federation (DPPF), Federal Ministry of Justice, Mr. Mohammed Saidu Diri has said that organised crimes and financial crimes are the major threats to the global economic system. He said that organised crimes and financial crimes, which have taken the centre stage in the global world, entails intricate layers of criminal conspiracy and responsibility, with cross border implications as different components of “predicate crimes.”