The Nigeria Financial Intelligence Unit (NFIU) has identified betting platforms, fintech platforms, the use of wire transfers and crypto exchanges, and spare part businesses, among others, as channels used in moving proceeds of Kidnapping for Ransom (KFR) in and out of the country. Other channels include livestock, the use of cash in moving KF...
•Naira notes The Nigeria Union of Local Government Employees and the Association of Local Governments of Nigeria have urged the Nigerian Financial Intelligence Unit to track council funds and prevent their diversion to state governors by council chairmen. Also, ALGON vowed to use the opportunity of its financial autonomy to address insecurity ...
•Tinubu and Hafsat President Bola Tinubu has approved the appointment of Ms. Hafsat Abubakar Bakare to serve as the Director/Chief Executive Officer of the Nigerian Financial Intelligence Unit (NFIU). A statement issued yesterday by Ajuri Ngelale, Special Adviser to the President (Media & Publicity) informed that Bakare is a lawyer and fin...
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