Tag: Currency
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Suspicious Transaction Reports Fall 49% As NFIU Records 41.7m Currency Disclosures
By Opeyemi Adelakun Nigeria’s financial intelligence system recorded a sharp shift in reporting patterns in 2025, with Suspicious Transaction Reports falling by almost half even as Currency Transaction Reports rose by more than 60 per cent, according to the Nigerian Financial Intelligence Unit’s 2025 Annual Report. The NFIU said banks, fintech operators and other reporting…