The Federal Government has declared that Nigeria loses about 18 billion dollars annually due to profit shifting and tax avoidance practices by multinational corporations transacting business in the country. The Minister of State for Finance, Dr Doris Uzoka-Anite, made the remark on Tuesday while speaking at the ongoing National Conference on Illicit Financial Flows organised…
The Chinese Embassy in Nigeria has cautioned its citizens in the country against engaging in illicit activities.The warning came on the heels of reports concerning a Chinese national tried by the Nigerian judiciary in connection with telecommunications and online fraud. In a statement issued yesterday, the Embassy acknowledged that in recent years, Nigerian law enforcement…
The National Drug Law Enforcement Agency, NDLEA, has detained a 24-year-old Thai woman for prosecution after she was caught with prohibited substances at the Murtala Muhammed International Airport (MMIA) in Ikeja, Lagos. NDLEA’s Director of Media and Advocacy, Mr Femi Babafemi, in a statement yesterday said that the woman was allegedly found in possession of…
NDLEA spokesperson, Femi Babafemi, who disclosed this in a statement on Sunday, June 23, 2024, said operatives raided the shrine after detecting a specially constructed large hole storage in a wall covered with wallpapers and fetish objects. Some NDLEA operatives have raided a shrine in the Igor community of Benin City, Edo State, which…
A drug mule identified as Imran Taofeek Olalekan, has been arrested by the National Drug Law Enforcement Agency (NDLEA) at the Lagos airport. Olalekan was intercepted at Gate C departure of Terminal 1. He was on his way to Oman with check-in luggage and a backpack. The NDLEA spokesperson, Femi Babafemi, in a statement issued…
