The Senate has approved increasing funding for Nigeria’s Basic Health Services Provision Fund (BHCPF), to …
Read More »The CBN adjusted anti-money laundering compliance rules for banks and others
The Central Bank of Nigeria (CBN) has announced new basic standards for automated anti-money laundering solutions for deposit banks and other financial institutions. Deposit Money Banks now have 18 months to fully comply, while other financial institutions have 24 months starting March 10, 2026, to meet the requirements. The new directive was announced in a circular dated March 10, 2026 …
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