Money laundering
GIABA engages BDC operators on fight against money laundering
By Olivia Nnorom The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) has charged Foreign Exchange Bureaus/Bureau De…
Tech experts endorse blockchain technology to curb money laundering in Nigeria
By Cynthia Ezekwe Blockchain technology, an advanced database mechanism that allows transparent information sharing within a business network, has a…
Money laundering:$157.5bn left Nigeria between 2003 and 2012 —Buhari
Nigeria's president Muhammadu Buhari has disclosed that Nigeria lost an estimated 157.5 billion dollars to illicit financial flows between 2003…
Money laundering: FATF to screen banks, BDC, others
The global body that sets standard for anti money laundering (AML/CFT) efforts, the Financial Action Task Force team, will assess…
Stepping up the fight against money laundering and terrorist financing
Corrupt officials, tax cheats, and the financial backers of terrorism have one thing in common: they often exploit vulnerabilities in…
Africa ‘hemorrhaging’ billions in illicit financial flows- Experts
Africa loses an estimated $50 billion a year to illicit financial flows, leaving governments strapped for cash and dependent on…
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