Nigeria’s banking sector has been ordered to start reporting on suspicious cash transactions from people involved in politics.
Nigeria is planning to spend up to two billion US dollars from its oil cash reserves to boost its economy in response to the global downturn, the country’s junior finance minister Remi Babalola announced this week.
The Nigerian government is considering a temporary nationalisation of some underperforming banks, according to the country’s finance minister Mansur Muhtar.
In reality, it is not money but intellectual capital that drives prosperity. More important, perhaps, is the reality that poverty is driven and sustained by a lack of intellectual capital.
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![images[3]](http://www.africaninterest.com/show_image_162.php?filename=/2009/11/images3.jpg&cat=14&pid=694&cache=false )
Lamido Sanusi, Nigeria Central Bank Governor | ![capt.photo_1254302093081-1-0[1]](http://www.africaninterest.com/show_image_162.php?filename=/2009/10/capt.photo_1254302093081-1-01.jpg&cat=14&pid=421&cache=false )
Lamido Sanusi, Nigeria Central Bank Governor | 
Technology Widens Rich-Poor Gap | 
