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CRIME&SECURITY

Nigeria Lost N16.25 Trillion Worth of Crude to Elite Thieves in 12 Years

ROTIMI ASHER In the last 12 years, about 619.7 million barrels of crude oil, valued at about N16.25 trillion was lost by the Nigeria state...

Abuja Task-force Crushes 432 Seized Motorcycles

Task-force of Nigeria's The Federal Capital Territory(FCT) and joint enforcement team, on Thursday confiscated and crushed 432 commercial motorcycles, popularly known as Okada operating...

UK Watchdog Fines BMW over Information Request

The UK's anti-trust regulator fined German luxury carmaker BMW (BMWG.DE) 30,000 pounds ($36,519) plus a further daily penalty of 15,000 pounds on Thursday over...

Nigeria Customs Intercepts Smuggled 85,300 Litres of Petrol

Amidst fuel scarcity, the Nigeria Customs Service (NCS), Zone ‘A’ has intercepted 85,300 litres of Petrol also known as Premium Motor Spirit (PMS), in...

Musk Trial Gets Underway To Decide Fate of His $56 Bln Tesla Pay

A trial over shareholder allegations that Tesla Chief Executive Elon Musk's $56 billion pay package was based on easy to achieve performance targets and...

Aggrieved Lagos Bus Drivers Meet MC Oluomo, Call Off Strike

Members of the Joint Drivers Welfare Association of Nigeria (JDWAN) have called off their industrial action. Its National Leader  Abiodun Akintade; Chairman, Opeyemi Sulaiman and...

Lagos Begins Impounding Of Unpainted Commercial Vehicles

The Lagos State Traffic Management Authority (LASTMA) from Monday embarked on  arrest and impound of unpainted commercial vehicles across the state.  The General Manager of...

VIN Reduces False Information on Imported Vehicles – Nigeria Customs

The Nigeria Customs Service (NCS) says the Vehicle Identification Number (VIN) valuation system has recorded huge success since its introduction. The Deputy Comptroller Timi Bomodi,...

Nigerian Lawmakers Accuse Oil Companies of Tax Evasion

The House of Representatives ad hoc committee investigating the structure and accountability of the Joint Venture (JV) businesses and production sharing contracts (PSCS) of...

Court Orders Final Forfeiture of Diezani’s Luxury Cars, Others

A Federal High Court in Abuja has granted the request by the Economic and Financial Crimes Commission (EFCC) for the final forfeiture of two...

Nigeria Custom Service Sacks 2000 Officers over Corruption

Comptroller General of the Nigeria Customs Service (NCS), Hameed Ali, said the service has sacked and prosecuted at least 2000 personnel in the last...

Nigerian Navy, Civil Defence Raise Concern over Oil Theft

The Nigerian Navy and Nigeria Security and Civil Defence Corps (NSCDC) have raised concern on security measures and way forward to tackle the menace...

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INEOS Grenadier Partners Coscharis Motors in Nigeria

INEOS Automotive has named Coscharis Motors as its official retail partner in Nigeria. The country is now the sixth market in Sub-Sahara Africa to...

Ford to cut prices of Mustang Mach-E, following Tesla’s lead

Ford Motor Co on Monday cut prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle, weeks after rival...

Chip Shortage:VW’s Skoda Auto Cuts Production

Volkswagen's Czech subsidiary Skoda Auto is cutting production this week due to chip shortages, trade unions at the carmaker said. Some shifts will be cancelled...

Ojuelegba Truck Accident: Sanwo-olu Directs Trials of Truck Owner, Driver

ROTIMI ASHER, Lagos As Lagos State Government commiserates with the families who lost their loved ones in the Ojuelegba truck accident on Sunday, January 29,...