CBN Strengthens Regulatory Oversight to Safeguard Nigeria’s Financial System

The Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining a transparent and resilient financial system by reinforcing regulatory compliance and risk management across Nigerian financial institutions. Speaking at a high-level Mandatory Compliance and Anti-Money Laundering (AML) Training Workshop held in collaboration with Citi on February 28, 2025, in Lagos, Ms. Shola Phillips, Special Adviser to the CBN Governor on Compliance, emphasised the need for strict adherence to global banking standards to sustain confidence in Nigeria’s financial sector. “Regulators expect financial institutions to maintain dynamic, risk-based AML/CFT programmes…

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Ramadan: NUJ FCT urges spiritual reflection

The Nigeria Union of Journalists (NUJ), Federal Capital Territory (FCT) Council, has extended warm Ramadan greetings to all FCT Muslim brothers and sisters of the profession urging them to embrace the values of compassion, unity, and self-discipline during the sacred month. The Chairman of Council Comrade Grace Ike described Ramadan as a period of deep spiritual reflection and an opportunity to renew one’s commitment to service, truth, and fairness in journalism. She said “During this month of fasting and prayer, may our hearts be filled with gratitude for the bounties…

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