Nigeria

Africa
Nigeria

October 2, 2023

Chief Executive Officer of the First Bank Group of Nigeria Limited, Dr. Adesola Adeduntan, noted that they had reiterated their commitment to comply with Anti-Money Laundering (AML) compliance and due diligence to combat money laundering and safeguard the

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Shufti Pro Blog

Ensuring a Secure Trading Experience: Newton Global Joins Forces with Shufti Pro for Advanced Identity Verification

By Richard M.

September 22, 2023

Initially Published on PR Log
London, UK – September 22, 2023 – Shufti Pro, a leading ID verification service provider, has announced a partnership with Newton Global, a new-age financial institution that provides all kinds of trading solutions. Shufti

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Shufti Pro Blog

EFCC Enforces Real Estate Agents to Comply with Anti-Money Laundering (AML) Regulations

By Richard M.

September 22, 2023

The Economic and Financial Crimes Commission (EFCC) urges real estate agents to strengthen their collaboration with the commission to combat financial crimes.
The commander of the Ilorin zonal EFCC, Michael Nzekwe, has addressed the real estate agents

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Shufti Pro Blog

Nigeria Employs New BOR Initiative to be Removed from FATF’s Grey List

By Richard M.

July 27, 2023

A Beneficial Ownership Register (BOR) has been inaugurated by the Corporate Affairs Commission (CAC) to remove Nigeria from the Financial Action Task Force (FATF) grey list.
A workshop on BOR, organised by the commission in Lagos on May 25th,

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Shufti Pro Blog

The Nigerian Bar Association (NBA) Introduces Anti-Terrorist Financing, Anti-Money Laundering Laws

By Richard M.

July 18, 2023

Lawyers in Nigeria are being instructed to follow anti-money laundering and terrorist financing laws as part of their practice direction by the Nigerian Bar Association (NBA).
As part of NBA efforts to ensure the legal profession takes place in the

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ImmigrationProf Blog

“He’s Gay. We Will Kill Him:” Nigerian-American Actor Performs One-Man Show About LGBTQ Asylum Seeker

By immigrationprof

July 14, 2023

Gbenga Akinnagbe starred in a show at the Bronx Heritage Music Center highlighting the issues surrounding LBGT asylum seekers. Read more on Documented. The story (“`He’s Gay. We Will Kill Him:’ Nigerian-American Actor Performs One-Man Show About LGBTQ…

Shufti Pro Blog

Central Bank of Nigeria (CBN) Raises Concerns Over KYC and AML Protocols

By Richard Marley

June 26, 2023

The Central Bank of Nigeria (CBN) has intensified pressure on financial institutions (FIs) to implement know your customer (KYC) protocols in two policy documents released at the weekend.
The Central Bank of Nigeria (CBN) issued two policy documents to increase

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Shufti Pro Blog

NFIU Increases Efforts to Remove Nigeria from FATF Grey List

By Richard Marley

June 23, 2023

The Nigerian Financial Intelligence Unit (NFIU) has stated that it is working towards removing the country from the Financial Action Task Force’s (FATF) “grey list.”
NFIU announced that the legislative body is working towards removing Nigeria from the FATF grey

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Shufti Pro Blog

Central Bank of Nigeria Lifts Limit on $10k Deposits for Domestic Account Holders

By Richard Marley

June 19, 2023

Domestic account holders of Nigeria will be able to access the funds in their accounts without hindrance from the Central Bank of Nigeria (CBN), as it has lifted the $10k deposit limit.
A statement issued by the bank

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Herman Legal Group Blog

How to Get Spouse Visa In Nigeria? (CR1/IR1)

By Publisher

May 26, 2023

If you are currently married to a citizen or resident of the US and are based in Nigeria, you can apply for a visa. You will need to apply for a marriage-based visa at the US Embassy or Consulate in…