**Headline:** Nigeria Lost $77.7 Billion to Trade-Related Illicit Financial Flows Over 10 Years
A report by Global Financial Integrity (GFI) reveals that Nigeria experienced $77.7 billion in losses due to trade misinvoicing between 2013 and 2022. This figure ranks among the highest on the African continent. Trade misinvoicing involves falsifying the price, quantity, or quality of goods on invoices to move money illicitly …