August 2022

Task Force impounds 322 commercial motorcycles in Lagos

Lagos State Environmental and Special Offences (Enforcement) Unit has impounded more than 322 commercial motorcycles in the state for allegedly contravening traffic laws. The agency’s Spokesman, Mr Gbadeyan Abdulraheem, who confirmed the seizure in a statement issued in Lagos on…

SEC warns against unregistered crowdfunding platforms

The Securities and Exchange Commission (SEC) has warned investors on the illegality of unregistered investment crowdfunding platforms. The Commission stated this is a circular dated August 3, 2022, where it acknowledged the presence of unregistered crowdfunding platforms while also warning…

Smuggling: Customs intercepts 34,725 litres PMS

By Seun Ibiyemi The Federal Operations Unit Zone A of the Nigeria Customs Service (NCS) says it has intercepted 34,725 litres of smuggled petrol, 12 trailers of rice, among other contraband. The unit reported that it arrested nine suspects in…

NDLEA destroys 560kg of illicit drugs in Lagos

The National Drug Law Enforcement Agency (NDLEA) on Thursday in Lagos destroyed 560 Kgs of drug seized from drug barons. Its Chairman retired Brig. Gen Buba Marwa, who supervised the destruction, warned drug barons against pushing illicit drugs and warned…