…that includes identity verification, sanctions screening, know-your-customer (KYC), anti-money laundering (AML) controls, and Travel Rule compliance-everything regulators and central banks require to operate securely. Africa and the broader Global South present a major opportunity because many financial systems are sti…

…strategy. Nigeria's removal from the European Union's list of high-risk countries for money laundering and terrorism financing reflects years of institutional reform, stronger regulatory frameworks, improved inter-agency coordination, and enhanced international cooperation. Financial intelligence, sanctions implementat…

The anti-graft agency is preparing to prosecute some former and serving officials of the NNPC and contractors over alleged abuse of office, money laundering and contract fraud.

…should know The latest action reinforces the CBN's continued focus on strengthening anti-money laundering and counter-terrorism financing controls across the financial system. It also comes amid the apex bank's longstanding restrictions on BDC operators' access to the official foreign exchange market, reflecting concer…

…charge bordering on alleged obtaining by false pretence, conversion of funds and money laundering involving N740 million. The first prosecution witness, Chinyere Okoroafor, a civil servant, told the court that she became involved in the investment after being introduced to the business by Alice Ayeni Alade, whom she id…

…transparency has become a global regulatory priority as authorities seek to combat money laundering, sanctions evasion, illicit financial flows, and tax avoidance schemes. The CBN's move aligns with that broader trend. The immediate implication for fintech companies is that ownership mapping exercises may become far mo…

…globally have adopted strict standards regarding source-of-funds verification and anti-money laundering (AML) compliance. "Whatever information you provide must be backed by documentary evidence. Every claim made during the application process must be substantiated," she said. Using real estate wealth as an example, sh…

…of organised fraud, organised sports corruption, handling of proceeds of crime and money laundering".The player was released after being interviewed in police custody and the investigations remain ongoing, officials added.Wahi's booking in the game was his fifth in the league so earned him a suspension for the first le…

…had been questioned over allegations of organised fraud, organised sports corruption, money laundering and handling the proceeds of crime, though no player was named. The investigations remain ongoing after the player was released following police questioning. France's Ligue de Football Professionnel (LFP) said it had…