President Muhammadu Buhari has signed the Nigeria Financial Intelligence Unit Act into law.
According to the Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang, NFIU is the Nigerian arm of the global Financial Intelligence Units (FIUs) which was before now domiciled within the Economic and Financial Crimes Commission (EFCC) as an autonomous unit and operating in Africa.
Senator Ita Enang said that the NFIU seeks to comply with international standards on combating money laundering, financing of terrorism, proliferations and checking of suspicious transactions.
Enang said that with the signing of the bill, the NFIU will cease to exist as a department in the Economic and Financial Crimes Commission.
“NFIU will now be domiciled in the Central Bank of Nigeria, but as an autonomous and Independent body,” Senator Enang said.
CHRISTIAN ABURIME Governor Chukwuma Charles Soludo, CFR, has declared that the grand political coalition…
The Co-Chairman of the National Council of Traditional Rulers of Nigeria (NCTRN), Arole Oodua Olofin…
ADEOLA OGUNLADE The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), has…
For the woman who wakes up before sunrise, arranges her little goods, waits patiently for…
WISDOM ONIEKPAR IKULI The women of Jerusalem sang a song that they never knew shall…
The High Court of Lagos State, Lagos Judicial Division, on Wednesday 28 th October 2026,…