11 results
- 30 Aug 2013
NFIU to Sanction Banks over Money Laundering
Nigerian Financial Intelligence Unit (NFIU), yesterday, threatened to sanction financial institutions in the country, following their non-compliance with certain anti-money laundering provisions. Ms.…
- 10 Jul 2013
W/African Leaders Steal $300Bn from Treasuries’, Individuals
The West African sub-region is gaining notoriety as the money laundering capital of Africa with some $300 billion (about N45 trillion) reportedly siphoned by leaders and people entrusted with…
- 3 Aug 2025
West Africa Emerging as Crypto Adoption Epicentre- SEC Boss
West Africa is fast emerging as a global epicentre for virtual asset adoption, propelled by a young, tech-savvy population and macroeconomic instability, according to Dr. Emomotimi Agama,…
- 4 Aug 2025
SEC DG Warns as Crypto Adoption Rises in West Africa Without Proper Regulations
Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC) Nigeria, has said that West Africa is fast emerging as a global epicentre for virtual asset adoption, propelled…
- 19 Mar 2015
$182Bn Develops Wings from Nigeria in 9 Years, Says EFCC
Economic and Financial Crimes Commission (EFCC) has said that $182 billion was siphoned from the country and laundered in past nine years. Kwarbai Latong, head, Legal and Prosecutions, Lagos Zonal…
- 22 Mar 2010
Ecobank Advocates Enhanced Payment System
Ecobank has advocated collaboration among banking partners and regional financial regulators in West Africa to strengthen the payment system. Arnold Ekpe, Ecobank Group Chief Executive Officer,…
- 16 Jan 2026
Nigeria Off EU High-Risk Money Laundering List in Major Financial Win
Nigerian Financial Intelligence Unit (NFIU) has hailed Nigeria's removal from the European Union's list of high-risk third countries for Anti-Money Laundering and Countering the Financing of…
- 8 Jan 2013
MobileMoney Expo Hosts Masterclass to Address Mobile Money Challenges
Organizers of the annual MobileMoney Expo have added a Masterclass to address the channels distortions in the Nigerian Mobile Money space in Nigeria. The Masterclass will engage the stakeholders,…
- 5 Jan 2023
SEC Expresses Concern Over Proliferation of Illegal Operators In Capital Market
The Securities and Exchange Commission (SEC) has stated that the persisted proliferation of operators running illegal investment schemes in the country continues to be a major critical concern to the…
- 17 May 2024
TI-Nigeria Boss Alleges Nigerian Banks Offer Opportunities for Terrorism Tinancing
Awual Rafsanjani, executive director, Civil Society Legislative Advocacy Centre (CISLAC) and head, Transparency International in Nigeria (TI-Nigeria), has accused banks of offering opportunities for…
- 24 Oct 2025
FG Welcomes Nigeria’s Delisting from FATF Grey List
President Bola Tinubu has welcomed Nigeria’s delisting from the Financial Action Task Force (FATF) grey list. The FATF, which announced the delisting at its plenary in Paris, France, on Friday, is…