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NewsDangote Refinery begins petrol production
DOW42,850.22 0.32%
USD/NGN₦1,550 0.45%
NGXASI98,575.68 1.25%
NewsStock market capitalization crosses N55 trillion mark
NewsForeign reserves hit $34.2 billion, highest in 2 years
BREAKINGSEC announces new rules for digital assets
GOLD$2,890.5 0.85%
S&P5,776.65 0.15%
NewsBrent crude approaches $75 amid Middle East tensions
UPDATETinubu approves ₦3 trillion for power sector
WTI$68.92 1.80%
NewsGold hits record high as investors seek safe haven
NewsEuro depreciates against dollar ahead of ECB meeting
BRENT$72.45 2.10%
ALERTAviation fuel prices drop by 8%
NewsNaira stabilizes at N1,550/$1 in official market
NewsNigeria's inflation rate drops to 24.48% in January
NewsOil prices rally on OPEC+ production cuts extension
NAS18,290.25 1.05%
EUR/USD1.0845 0.12%
NewsNigerian banking sector assets grow by 45% year-on-year
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNigeria exits technical recession with 3.46% GDP growth
BTC$87,250 3.20%
NewsBitcoin surges past $87,000 on ETF inflows
NewsCBN raises interest rate by 400 basis points to 22.75%
NEWSNNPC reports 47% profit increase
BREAKINGNigeria secures $2.25 billion World Bank loan
NewsDangote Refinery begins petrol production
DOW42,850.22 0.32%
USD/NGN₦1,550 0.45%
NGXASI98,575.68 1.25%
NewsStock market capitalization crosses N55 trillion mark
NewsForeign reserves hit $34.2 billion, highest in 2 years
BREAKINGSEC announces new rules for digital assets
GOLD$2,890.5 0.85%
S&P5,776.65 0.15%
NewsBrent crude approaches $75 amid Middle East tensions
UPDATETinubu approves ₦3 trillion for power sector
WTI$68.92 1.80%
NewsGold hits record high as investors seek safe haven
NewsEuro depreciates against dollar ahead of ECB meeting
BRENT$72.45 2.10%
ALERTAviation fuel prices drop by 8%
NewsNaira stabilizes at N1,550/$1 in official market
NewsNigeria's inflation rate drops to 24.48% in January
NewsOil prices rally on OPEC+ production cuts extension
NAS18,290.25 1.05%
EUR/USD1.0845 0.12%
NewsNigerian banking sector assets grow by 45% year-on-year
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNigeria exits technical recession with 3.46% GDP growth
BTC$87,250 3.20%
NewsBitcoin surges past $87,000 on ETF inflows
NewsCBN raises interest rate by 400 basis points to 22.75%
NEWSNNPC reports 47% profit increase
BREAKINGNigeria secures $2.25 billion World Bank loan
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NGXINS245.18 0.45%
NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
MARKET NEWS
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
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Financial EDGE

Nigeria, South Africa renew partnership on drug war

By adminResearch Signal

The National Drug Law Enforcement Agency, NDLEA, and South Africa’s Directorate for Priority Crime Investigation, popularly called HAWKS have agreed to collaborate in tackling the menace of drug trafficking between the two countries.

This was the highpoint of discussions at a virtual meeting on Monday 11th April 2022 between the Chairman/Chief Executive of NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd) and the National Head of South Africa’s DPCI, Lt. Gen. SG Lebeya along with members of their teams.

In his presentation, Gen. Marwa called for an operational Memorandum of Understanding, MoU that will allow both agencies share intelligence real time; engage in joint operations especially in the areas of controlled delivery; joint training and personnel exchange programmes among others.

“Drugs destroy our youths both in Nigeria and South Africa. These drugs are peddled by syndicates across our two countries, this is why we need to partner and collaborate to dismantle their evil web and stop their criminal trade”, the NDLEA boss canvassed.

Lt. Gen. Lebeya in his remarks agreed on all the areas of collaboration identified by Gen. Marwa. According to him, “I’m in agreement with you on the areas you have mentioned. It’s important we collaborate on intelligence sharing real time. Exchange programme for our personnel is also another effective way of sharing knowledge.”

Other areas the meeting agreed would be worked on by the technical teams set up at the close of the discussions include confiscation of proceeds of crime and prosecution of suspects among others.

Secretary to NDLEA, Mr. Shadrach Haruna will lead the Agency’s technical team that will work with its DPCI’s counterpart, which is headed by Major Gen. Alfred Khana, Head, Serious and Organised Crime Division of HAWKS, to fine-tune details of the MoU that will be signed at a later date.