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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FORD TO UNVEIL MORE DETAILS ABOUT NEW LOW-COST ELECTRIC VEHICLES ON AUGUST 11.(PHOTO).

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 Ford to unveil more details about new low-cost electric vehicles on August 11

Ford is gearing up to share more details about its new line of affordable electric vehicles at an event in Kentucky on August 11. CEO Jim Farley has described the upcoming announcement as a “Model T moment” for the company, signaling a significant shift in Ford’s approach to electric vehicles.

Despite posting a $1.3 billion loss in its electric vehicle division during the second quarter of 2025 and facing declining sales of key models like the F-150 Lightning and Mustang Mach-E, Ford remains focused on expanding its EV lineup. The company revealed in early 2024 that it has a dedicated team, led by former Tesla executive Alan Clarke, working on a low-cost EV platform. The first vehicle from this effort is expected to be a mid-size pickup truck arriving in 2027, with plans to develop multiple models for both retail and commercial use, featuring advanced digital experiences. While affordable EVs remain scarce in the U.S. market today, Ford’s upcoming vehicles aim to change that landscape in the coming years amid growing competition from Tesla, General Motors, and newer startups.

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