NDLEA busts five-member airport drug syndicate, seizes N19.8m cash.

The National Drug Law Enforcement Agency on Wednesday said it launched a string of operations against drug cartels across Nigeria which led to the arrest of a fleeing drug kingpin heading a syndicate operating at the Murtala Muhammed International Airport, Ikeja, Lagos, and six other members of his gang. The agency noted that a professional […]

Four banks lost N1.77bn to fraud in 2021, says report.

Four Nigerian deposit money banks lost a total of N1.77bn to fraudulent activities involving the banks’ employees and consumers in 2021. This was contained in the 2021 financial statements of the banks. The banks are Access Bank Plc, Guaranty Trust Bank Plc, First Monument City Bank, and Wema Bank. The Nigeria Inter-Bank Settlement System, a […]