Tag: Terrorist financing

  • Terror Financing: CBN Places Banks Under Tighter Regulatory Watch

    Terror Financing: CBN Places Banks Under Tighter Regulatory Watch

    By Opeyemi Adelakun Nigeria’s banking and financial system is coming under tighter regulatory scrutiny as the Central Bank of Nigeria intensifies efforts to block the movement of funds linked to terrorism and other illicit activities. The CBN announced that it had elevated terrorism-financing supervision to a current supervisory priority, signalling increased attention to the systems…