CBN Fortifies Financial Defenses Against Illicit Flows
Nigeria's Central Bank is escalating its war on financial crime, unveiling robust new measures to combat money laundering and terrorism financing. This strategic move aims to tighten oversight on banks and fintechs, ensuring greater transparency and accountability across the nation's financial landscape. Expect enhanced scrutiny and advanced monitoring to safeguard the integrity of economic transactions.
The Central Bank of Nigeria, CBN has introduced tougher measures to strengthen the fight against money laundering, terrorism financing and other financial crimes in the country’s financial system. The apex bank said on Tuesday that the new measures are aimed at making financial t
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