CBN orders banks to freeze accounts linked to six terrorism financing suspects (opens original article in a new tab)

The Central Bank of Nigeria has directed banks to freeze accounts and assets linked to six individuals and four Bureau de Change operators designated for terrorism financing. Financial institutions must screen customers, report suspicious transactions, and comply with sanctions measures.

• CBN orders banks to freeze accounts linked to six terrorism financing suspects
• Designated individuals and BDC operators are listed on the updated Nigeria Sanctions List
• Financial institutions must screen customers and report suspicious transactions