CBN fines 29 Nigerian banks N15bn for anti-money laundering, counter-terrorism violations

CBN fines 29 Nigerian banks N15bn for anti-money laundering, counter-terrorism violations …C0NTINUE READING HERE >>>

The Central Bank of Nigeria fined 29 banks a total of N15 billion for violating anti-money laundering and counter-terrorism financing regulations.The CBN governor underlined the gravity of these violations and the need for the affected banks to address the fundamental issuesIt further stated that adherence to regulations is a top priority for the CBN in order to promote stability and national development

Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy,…

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