• About us
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, September 2, 2025
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home Top stories

NCS Kano Airport Command Intercepts $1.1M, Other Undeclared Foreign Currencies

Admin by Admin
March 13, 2025
in Top stories
Reading Time: 3 mins read
0
Share on FacebookShare on TwitterShare on Whatsapp

By Nkechi Eze

The Nigeria Customs Service (NCS) has intercepted a large sum of unreported foreign currency at the Mallam Aminu Kano International Airport (MAKIA). The seized currency includes SR135,900 (one hundred and thirty-five thousand, nine hundred Saudi Riyals) and $1,154,900 (one million, one hundred and fifty-four thousand, nine hundred US dollars) which were discovered in the luggage of Hauwa Ibrahim Abdullahi, a passenger arriving from Saudi Arabia on Saudi Airline Flight No. SV401.

A statement signed and made available to journalists by the National Public Relations Officer, AC Abdullahi Maiwada disclosed that “During the physical examination of the passenger’s luggage conducted by NCS Officers, the undeclared currency was discovered concealed within palm-date fruit packs locally referred to as Dabino, this interception aligns with the Nigeria Customs Service’s commitment to enforcing financial regulations and preventing illicit financial flows across Nigeria’s borders.”

In line with established procedures, the suspect and the seized foreign currency have been handed over to the Economic and Financial Crimes Commission (EFCC) for further investigation and necessary legal action” Maiwada said.

Maiwada further added that the court convicted the defendant as charged and ordered the forfeiture of the undeclared money to the Federal Government in line with the provisions of the Money Laundering (Prevention and Prohibition) Act of 2022., adding that the Service reiterates that all travelers must comply with Nigeria’s financial regulations, particularly the legal requirement to declare any cash or negotiable instruments exceeding the approved threshold when traveling in or out of the country.

“The Money Laundering (Prevention and Prohibition) Act of 2022 and the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act, 1995, provides clear guidelines on currency declaration, non-compliance with these regulations constitutes a violation of Nigerian law and attracts severe penalties. The Service, therefore, urges the public to adhere strictly to these requirements to avoid legal consequences.” He said. 

Maiwada further stated that “under the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, the NCS remains resolute in its enforcement efforts to combat smuggling, illicit financial transactions, and other trans-border crimes.

“This recent seizure underscores the Nigeria Customs Service’s unrelenting commitment to safeguarding the country’s economic security and enforcing adherence to financial laws and regulations.”he said.

“The Nigeria Customs Service (NCS) is committed to enhancing collaboration with key government agencies and stakeholders to fortify border security, ensure compliance with financial regulations, and protect Nigeria’s economy. To achieve this, travelers and financial sector stakeholders are urged to remain vigilant and adhere strictly to lawful financial practices.” He said. 

ShareTweetSend
Previous Post

ECOWAS Military Chiefs Consider Counter-Terrorism Brigade to Boost Regional Security

Next Post

ICPC Docks Suspended REA Executive Director, MD of Hassino Group Limited for Contract Fraud

Admin

Admin

Related Posts

Former IGP Solomon Arase Dies at 69
Top stories

Former IGP Solomon Arase Dies at 69

August 31, 2025
NIDCOM Intervenes as Nigerians in Distress Cry Out from Central African Republic
Top stories

Don’t Stereotype Any Ethnic Group, Crime Has No Federal Character — NiDCOM Boss

August 3, 2025
NIDCOM Intervenes as Nigerians in Distress Cry Out from Central African Republic
Top stories

NIDCOM Intervenes as Nigerians in Distress Cry Out from Central African Republic

July 25, 2025
Next Post

ICPC Docks Suspended REA Executive Director, MD of Hassino Group Limited for Contract Fraud

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

Former IGP Solomon Arase Dies at 69

Former IGP Solomon Arase Dies at 69

August 31, 2025
Air Chief Strengthens Defence Ties in China, Inspects Advanced Aerospace Facilities

Air Chief Strengthens Defence Ties in China, Inspects Advanced Aerospace Facilities

August 31, 2025
  • Trending
  • Comments
  • Latest
Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

August 26, 2025
NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025
FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

August 15, 2025

NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

May 7, 2025

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2

IDENTIFYING BARRIERS TO WOMEN’S POOR REMUNERATIONS, IT’S EFFECTS ON HOUSEHOLD.  LACK OF INCLUSIVE LABOUR LAWS?

2
Former IGP Solomon Arase Dies at 69

Former IGP Solomon Arase Dies at 69

August 31, 2025
Air Chief Strengthens Defence Ties in China, Inspects Advanced Aerospace Facilities

Air Chief Strengthens Defence Ties in China, Inspects Advanced Aerospace Facilities

August 31, 2025
ICPC Chairman Seeks Judicial Reforms, Stronger Collaboration with National Judicial Institute in Anti-Corruption Battle

ICPC Chairman Seeks Judicial Reforms, Stronger Collaboration with National Judicial Institute in Anti-Corruption Battle

August 31, 2025
NDLEA Destroys 178,000kg Cannabis in Taraba Forest, Arrests 75-Year-Old Grandpa, Intercepts Millions of Opioid Pills Nationwide

NDLEA Destroys 178,000kg Cannabis in Taraba Forest, Arrests 75-Year-Old Grandpa, Intercepts Millions of Opioid Pills Nationwide

August 31, 2025
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Newspeg magazine - powered by Vecrit.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2024 Newspeg magazine - powered by Vecrit.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In