CBN Orders Banks to Freeze Accounts Linked to Six Terrorism Financing Suspects, Four BDC Operators
The Central Bank of Nigeria (CBN) has directed all banks and other regulated financial institutions to immediately freeze accounts, assets, and financial transactions linked to six individuals and four Bureau De Change (BDC) operators over alleged involvement in terrorism financing. The directive, contained in a circular dated June 24, 2026, follows an update to the…