Nigeria to Host 40th Plenary of West Africa's Anti-Money Laundering Group
The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) has announced plan to hold its 40th Technical Commission/Plenary and its 27th Ministerial Committee meeting at the State House Conference Centre, Abuja, Nigeria,...
Test Reveals Loopholes In Banks’ Anti-Money Laundering System - CBN
majority of the deposit money banks in the country failed an anti-money laundering system examination conducted by the central bank of nigeria, a report by the cbn has revealed.
According to the 2017 CBN Half-year Economic...
CBN Introduces New Anti-money Laundering Rules
The Central Bank of Nigeria (CBN) has rolled out a new set of penalties for organisations that flout its Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) rules.
The central bank stated this in a circular titled: “CBN Anti-Money...
Bankers Aid Money Laundering in Nigeria- Nuhu Ribadu
The First Executive Chairman of the Economic and Financial Crimes Commission(EFCC), Mr Nuhu Ribadu has said several money laundering frauds happen in Nigeria with the active connivance of banks and their workers.
Mr Ribadu who stated this in...
