CBN makes terrorism financing supervision major priority

The Central Bank of Nigeria (CBN) has made terrorism financing supervision a major priority to protect the country's financial system.

• CBN prioritizes terrorism financing supervision.
• Efforts aim to protect Nigeria's financial system.
• New focus includes risk management and transaction monitoring.
• Targeted financial sanctions will be implemented.
• CBN intensifies efforts against illegal financial activities.

The new focus includes terrorism financing risk management, transaction monitoring, and implementation of targeted financial sanctions.