Connect with us

News

NCAA Orders Airlines to Enforce $10,000 Cash Declaration for Passengers

The Nigeria Civil Aviation Authority (NCAA) has directed all international airlines to enforce the “$10,000 currency declaration” rule

Published

on

NCAA Airplane jpg 780x470 1
NCAA

The Nigeria Civil Aviation Authority (NCAA) has directed all international airlines to enforce the “$10,000 currency declaration” rule for inbound passengers, aiming to boost anti-money laundering compliance.

The Nigeria Civil Aviation Authority (NCAA) has directed all international airlines operating in the country to strictly enforce the “$10,000 currency declaration” requirement for inbound passengers.

VN54

In a directive dated April 24, 2025, the NCAA highlighted concerns over non-compliance with existing financial disclosure laws and called for immediate action.

DON’T MISS: CERPAC Online Application Process, How to Apply, Eligibility, Requirements

According to NCAA spokesperson Michael Achimugu, the measure is part of efforts to strengthen Nigeria’s anti-money laundering framework and align with global financial transparency standards.

Advertisement

“The directive is aimed at closing loopholes and ensuring full compliance with international best practices,” Achimugu stated on Tuesday.

NCAA

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

uefa champions league banner uefa champions league banner
Sports4 days ago

Champions League Quarter-Finals Confirmed, See Fixtures

The UEFA Champions League quarter-final lineup is set, with blockbuster clashes including PSG vs Liverpool and Real Madrid vs Bayern...

holiday holiday
News5 days ago

‘We Miss Aregbesola’: Nigerian Youths Slam Tunji-Ojo Over Public Holiday Declaration (Video)

Nigerian youths have criticised Interior Minister Olubunmi Tunji-Ojo over the choice of Thursday and Friday as Eid-el-Fitr holidays.

Esmail Khatib Esmail Khatib
World News5 days ago

Israel Kills of Iran’s Intelligence Minister Esmail Khatib

Israel says it has killed Iran’s Intelligence Minister Esmail Khatib, though Iranian authorities have yet to confirm the claim amid...

fans chelsea fans chelsea
Sports5 days ago

Rival Fans Hold Mock Candlelight Procession for Chelsea After 8–2 Loss to PSG in Champions League (Video)

A viral video shows rival fans staging a mock candlelight procession for Chelsea after their 8–2 aggregate loss to Paris...

woman woman
News5 days ago

74-Year-Old Woman Gifts Governor Soludo Live Fowl at Inauguration (Video)

A 74-year-old woman drew attention at Governor Chukwuma Soludo’s inauguration in Awka after presenting a live fowl in appreciation of...

iran iran
World News5 days ago

‘This War Will Hit Everyone No Matter Race, Religion’ – Iran Warns

Iran’s Foreign Minister Abbas Araghchi has warned that the ongoing war will impact people worldwide, urging more international voices to...

Recording Police Recording Police
News5 days ago

Court Declares It Legal to Record Police Officers on Duty

A Federal High Court in Warri has affirmed the right of Nigerians to record police officers in public.

fg 1 fg 1
News5 days ago

BREAKING: FG Declares Two-Day Public Holiday

The Federal Government has announced two-day public holiday.

WhatsApp Image WhatsApp Image
News1 week ago

IPOB Accuses Nigerian Govt, Army of Plot to Demonise Group and Justify Attacks in South-East

The Indigenous People of Biafra has accused the Nigerian government and the military of fabricating insecurity in the South-East.

law Symbol of Justice 1 law Symbol of Justice 1
News1 week ago

List of Approved 114 Universities to Run Law Programmes in Nigeria (Full List)

The Council of Legal Education has released the list of 114 universities authorised to run Bachelor of Laws (LL.B) programmes...

Advertisement