Saturday, June 21, 2025
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Finance | Insurance | Pension

Customs Record Significant Milestone With Pilot Deployment Of e- Currency Declaration At Abuja Airport

EconomyFoot Print by EconomyFoot Print
May 4, 2025
in Finance | Insurance | Pension, Industry | Trade | Commerce, News
Reading Time: 1 min read
0
Customs Record Significant Milestone With Pilot Deployment Of  e- Currency Declaration At Abuja Airport
Share on FacebookShare on Twitter

Related posts

MINISTRY OF ART, CULTURE, AND CREATIVE ECONOMY PRESENTS BUDGET PERFORMANCE REPORT TO NATIONAL ASSEMBLY

June 20, 2025
SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

June 20, 2025
By ZAKAA LAZARUS
The Nigeria Customs Service (NCS) is pleased to announce the successful pilot deployment of the Electronic Currency Declaration Form (e-CDF) at Nnamdi Azikiwe International Airport, Abuja, as part of its ongoing digital transformation and modernisation initiatives aimed at strengthening border controls and enhancing transparency in financial disclosures.
The pilot exercise, which commenced on 9th April, 2025, was implemented without issues. It showcased the system’s effectiveness in digitally capturing both inbound and outbound currency declarations, offering a more secure, efficient, and accountable process for cross-border travellers.
During the pilot period, the e-CDF system recorded a total of 69 currency declaration transactions. Outbound declarations accounted for fifty-one (51) transactions with a total declared value of One Million, Two Hundred Thousand, Two Hundred and Eighty-One Dollars and Twenty-Two Cents ($1,200,281.22). Inbound declarations stood at eighteen (18) with a total declared value of One Hundred and Seventy-Seven Thousand, Seven Hundred and Eighty-Six Dollars and Eighty-Eight Cents ($177,786.88).
The e-CDF platform was developed to align with the best international practices in anti-money laundering (AML) and counter-financing of terrorism (CFT) protocols. It provides real-time data that supports intelligence gathering and inter-agency cooperation.
The NCS under the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi MFR, remains committed to leveraging technology to improve compliance, facilitate legitimate travel and trade, and ensure the integrity of Nigeria’s borders.
Following the success of this pilot phase, plans are underway to replicate the deployment of the e-CDF system at other international airports and border posts across the country.
Previous Post

President Bola Tinubu Visits Frontline Troops In Katsina

Next Post

Customs GC Adeniyi Unveils School, Healthcare Centre in Sagbokoji Under ‘Customs Cares’ Initiative

Next Post
Customs GC Adeniyi Unveils School, Healthcare Centre in Sagbokoji Under ‘Customs Cares’ Initiative

Customs GC Adeniyi Unveils School, Healthcare Centre in Sagbokoji Under 'Customs Cares' Initiative

Leave a Reply Cancel reply

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

RECOMMENDED NEWS

We Are Committed to Safety of Pension Funds – PenCom

3 years ago
We Will Take Price Stability Seriously; FX Market Will be Fit for Purpose – CBN Governor

De-dollarize the Economy Now

1 year ago

UniCal Sex Scandal: ICP Collaborates DSS To Arrest Prof.

2 years ago
UBA Posts N404bn Profit in Half Year 2023

UBA GMD, Kekere-Ekun, Others Canvass Financial, Judicial Collaboration to Boost Economic Growth

3 days ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • MINISTRY OF ART, CULTURE, AND CREATIVE ECONOMY PRESENTS BUDGET PERFORMANCE REPORT TO NATIONAL ASSEMBLY
  • SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness
  • BNY Mellon, Standard Bank to Facilitate Access to Nigerian Naira Debt — Bloomberg

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

MINISTRY OF ART, CULTURE, AND CREATIVE ECONOMY PRESENTS BUDGET PERFORMANCE REPORT TO NATIONAL ASSEMBLY

June 20, 2025
SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

June 20, 2025
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion