Terrorism Financing: CBN orders Nigerian banks to freeze assets of 6 persons, 4 BDCs
By Tony Obiechina, Abuja The Central Bank of Nigeria, CBN has directed banks, payment service banks, and other financial institutions to immediately freeze all accounts, assets, and transactions linked to six individuals and four Bureau de Change, BDC operators designated for terrorism financing. The directive was contained in a circular dated June 24, 2026 (Ref:CMD/FCS/PUB/CIR/002/011).According [...]
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