This must be record of some sorts for Niegeria. Nigeria’s fraud police say they have recovered $170m (£105m) from wealthy debtors who owe money to five banks.It is only one-thirtieth of the billions they want to track down. Earlier this month, Nigeria’s central bank was forced to bail out financial institutions that were close to collapse because of bad debts. Nigeria’s banking scandal is not linked to the global financial crisis, instead it is the result of corruption in the banking world here.