By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The United Kingdom (UK), France, Japan and five (5) other international donor countries has pledged to support the fight against money laundering and combating the financing of terrorism. This is coming on the heels of a session Tuesday by the International Monetary Fund’s (IMF) technical […]
Tag: Money Laundering
Nigeria Central Bank revokes licence of 20 Bureau De Change Operators- Sanusi
The Central Bank of Nigeria (CBN) has revoked the licence of 20 Bureau De Change (BDC) companies for foreign exchange malpractice. The Central Bank Governor, Lamido Sanusi, disclosed this at Ikoyi Club 75th Anniversary Lecture held in Lagos on Thursday. Mr. Sanusi, who declined to mention the names of the […]
CBN Warn Banks on Money Laundering
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Tuesday warned Banks, Discount Houses and Development Banks against Money Laundering and advised on the appointment of chief compliance officers (CCO). This contained a circular with reference number FPR/DIR/GEN/001/022 dated July 18 2013 and signed by Nwaoha I.T, Acting […]
