Nfiu news

You're looking for news related to NFIU (Nigeria Financial Intelligence Unit). Here are some recent updates:

Latest News

  1. NFIU publishes new guidelines for cash transactions: The NFIU has released new guidelines for cash transactions in Nigeria, aimed at reducing the risk of money laundering and terrorist financing. The guidelines require businesses to report cash transactions above NGN 5 million (approximately USD 13,000) to the NFIU. (Source: Punch Newspaper)
  2. NFIU collaborates with EFCC to tackle financial crimes: The NFIU has partnered with the Economic and Financial Crimes Commission (EFCC) to combat financial crimes in Nigeria. The collaboration aims to share intelligence and best practices to prevent and prosecute financial crimes. (Source: Vanguard Newspaper)
  3. NFIU launches online portal for suspicious transaction reporting: The NFIU has launched an online portal for reporting suspicious transactions, making it easier for the public to report suspicious activities to the agency. The portal is designed to facilitate the reporting of suspicious transactions and reduce the risk of financial crimes. (Source: ThisDay Newspaper)

Recent Developments

  1. NFIU's efforts to curb money laundering and terrorist financing: The NFIU has been working to strengthen Nigeria's anti-money laundering and combating the financing of terrorism (AML/CFT) regime. The agency has implemented various measures, including the establishment of a national risk assessment framework and the development of guidelines for cash transactions. (Source: NFIU website)
  2. NFIU's collaboration with international partners: The NFIU has been collaborating with international partners, including the Financial Action Task Force (FATF) and the International Monetary Fund (IMF), to strengthen Nigeria's AML/CFT regime and combat financial crimes. (Source: NFIU website)

I hope this information is helpful!