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Home News Crime

EFCC currency seizure uncovers N426bn in foreign notes at Lagos airport

Massive foreign currency haul sparks probe into illicit inflow at postal hub

Peculiar Adirika by Peculiar Adirika
July 25, 2025
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EFCC currency seizure of over N426bn at Lagos airport sparks investigation into undeclared Zimbabwean and Vietnamese currencies intercepted at a NIPOST facility

EFCC currency seizure efforts have intensified after the agency launched an investigation into a suspicious parcel containing foreign currencies valued at over ₦426 billion.

Also read: EFCC urges lawyers to prioritise nation-building over self-interest

The parcel was intercepted at a Nigerian Postal Service (NIPOST) facility in Lagos.

The package, handed over by the Nigeria Customs Service (NCS) and NIPOST, contained ZW$101 trillion (One Hundred and One Trillion Zimbabwean Dollars), equivalent to ₦426.1 billion, and VND 41.64 million (Vietnamese Dong), worth ₦95,746.52.

According to EFCC officials, the interception was the result of routine screening at the Lagos postal facility, backed by vigilance from both Customs and postal staff.

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The handover occurred at the Murtala Muhammed International Airport.

Area Comptroller E.J. Harrison credited the success to teamwork: “We intercepted a parcel that contained foreign currencies… it was the vigilance and dedication of our officers and NIPOST that uncovered this.”

The EFCC has pledged to conduct a swift and thorough investigation.

Separately, the Commission is also probing one Phil-Olumba Ifunaya Sheila, caught with undeclared foreign currencies worth over $14,000 as she attempted to board a flight to the UK.

Also read: Landmark victory for AVRS: Court affirms legal right to license hotels for audiovisual use

Both cases underline Nigeria’s intensified push to tighten currency control and border surveillance.

Source: Read more at channelstv.com

Peculiar Adirika
Peculiar Adirika

Peculiar Adirika is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.

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