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NEWS

NDLEA Dismantles Abuja Drug Bunks, Arrests 132 Suspects, Seizes 220kg Illicit Substances

By Zainab Uzomah|Abuja Operatives of the National Drug Law Enforcement Agency (NDLEA) have dismantled several drug joints and hideouts within and around the Federal Capital Territory, Abuja, arresting 132 suspects and recovering 220 kilograms of assorted illicit substances during a two-week operation. In a statement signed by the agency’s Director of Media and Advocacy, Femi Babafemi, the NDLEA said the coordinated raids were carried out between April 11 and April […]

todayMay 6, 2026 10

NEWS

Nigeria, others lose $1.6bn daily to illicit flows – AfDB

The African Development Bank has revealed that the continent loses about $1.6bn every day to illicit financial flows and profit shifting on the part of multinationals operating in Africa. This was disclosed by the Chief Economist of AfDB, Kevin Urama, in an exclusive interview According to the International Monetary Fund, illicit financial flows refer to the movement of money across borders that is illegal in its source (e.g. corruption, smuggling), […]

todayDecember 27, 2024 66

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