EFCC ARRAIGNS AUSTRIAN FOR UNDECLARED $800,585, €651,505 AT LAGOS AIRPORT. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Austrian For Undeclared $800,585, €651,505 At Lagos Airport The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Okotie Eboh, Ikoyi, Lagos, on Friday, January 9, 2026, arraigned one  Kavlak Onal, an Austrian national arrested by the Nigeria Customs Service, NCS, for allegedly failing to declare the sums of $800,575 and €651,505 in his possession. He was arraigned before Justice Yelim Bogoro of the Federal High Court sitting in Ikoyi , Lagos.  Onal who was scheduled to travel on Emirates Airline to Dubai, was on Tuesday, December 16, 2025 intercepted  during a routine check at the AML/ CFT Currency Declaration Desk at the Murtala Muhammed International Airport, Ikeja, Lagos.
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OIL PRICES SURGE AMID CHINA STIMULUS AND SYRIA TENSIONS. (PHOTO).

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 Oil Prices Surge Amid China Stimulus and Syria Tensions


Oil prices rose on Monday due to China's plans for economic stimulus and growing tensions in Syria. China's announcement of further stimulus efforts boosted investor confidence, leading to gains in commodities like copper and zinc. 


Meanwhile, escalating concerns over Syria, with President Bashar al-Assad fleeing as rebels advanced, contributed to market volatility. As a result, Brent crude climbed 1.1% to $71.90 per barrel, while West Texas Intermediate rose 1.3% to $68.04 per barrel. The increase in oil prices came alongside positive movement in other markets and gold, which saw a nearly 1% gain.

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