CBN Deepens Financial Reforms With Mandatory Automated AML Systems

Fresh from exiting the FATF grey list, the Central Bank is now raising the bar — mandating automated anti-money laundering systems across banks, fintechs and payment operators. MARK ITSIBOR reports Nigeria’s financial system is entering a more technology-driven compliance era as the Central Bank of Nigeria (CBN) intensifies efforts to safeguard the integrity of the […]