CBN elevates terrorism financing to top supervisory priority - ITREALMS

The Central Bank of Nigeria (CBN) has elevated terrorism financing supervision to a core supervisory priority as part of its ongoing efforts to safeguard the nation's financial system from exploitation by illicit actors, reports ITREALMS.

According to a press statement issued on September 8, 2026, by Hakama Sidi-Ali, the Acting Director of Corporate Communications and Investor Relations, the enhanced focus encompasses terrorism financing risk management, transaction monitoring, targeted financial sanctions implementation, and the reporting of related suspicious transactions.