Nigeria becomes the first African country to fully automate its SLTD database with the IPDG.
Foreigners with business visas are reportedly taking advantage of the Free Trade Zones to evade tax payment for businesses and work done in Nigeria.
Investors in the Nigerian equity market sold off most of their shares, on Monday, causing the market to decline.
Nigeria has partnered with the IOM through NIS to launch a new MIDAS at the Abuja International Airport.
The NIS is set to embark on what it termed visa reforms as it disclosed that it was considering introducing new categories of visas.