Police Create Proceeds of Crime Section to Fight Terror Financing
By Oluwakemi Kindness The Nigeria Police Force has established a Proceeds of Crime Section to strengthen its efforts against money laundering, terrorism financing and other financial crimes. The new section will be headed by a Deputy Commissioner of Police and is expected to enhance the Force’s capacity to trace and disrupt the financial networks supporting […]
CBN Orders Banks to Freeze Six Terrorism Finance Accounts
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has directed banks, payment service banks and other regulated financial institutions to immediately freeze the accounts and assets of six individuals and four Bureau de Change operators over alleged links to terrorism financingThe Central Bank of Nigeria (CBN) has directed banks, payment service banks and other […]