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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APPEAL COURT OVERTURNS N579BN STAMP DUTY RULING AGAINST CBN. (PHOTO).

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Appeal Court Overturns N579bn Stamp Duty Ruling Against CBN


The Court of Appeal in Abuja has overturned a Federal High Court ruling that ordered the CBN to pay Kasmal International Services N579bn over stamp duty collections. 

The court held that Kasmal had no legal basis to be engaged by NIPOST, siding with the CBN’s appeal.

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