Nigeria on Money Laundering

On 13 December 2024, the NFIU issued the Guidelines for the Identification, Verification and Reporting of Suspicious Transactions Related to Money Laundering, Financing of Terrorism, and Proliferation of Weapons of Mass Destruction for Financial Institutions.

On the 13th of December 2024, the Nigeria Financial Intelligence Unit ("NFIU") issued Guidelines for the Identification, Verification and Reporting of Suspicious Transactions...

International Money Transfer Operators ("IMTOs") in Nigeria are companies or organisations authorised by the Central Bank of Nigeria ("CBN") to facilitate the transfer of funds from individuals...