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CBN Introduces Stringent Rule to Curb Money Laundering

The Central Bank of Nigeria (CBN) has implemented a new set of rules to tackle the age-long economic menace which is Money Laundering. The principal bank of Nigeria announced its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) Policy & Procedure Manual. The newly released AML/CFT sees CBN move to shield against establishing correspondent banking relationships […]

CBN Introduces Stringent Rule to Curb Money Laundering