Terrorism Financing: CBN freezes accounts of Adamu Ciroma, four others (opens original article in a new tab)

The Central Bank of Nigeria froze accounts of five individuals and one Bureau de Change over alleged terrorism financing links, directing financial institutions to freeze assets and report suspicious transactions.

• CBN froze accounts of five individuals and one BDC linked to terrorism financing.
• Sanctions require immediate freezing of assets and reporting to NFIU.
• Financial institutions must screen transactions and strengthen monitoring for terrorism risks.