Nigeria TV Info 

CBN Orders Freeze on Assets of Six Terror-Financing Suspects, Four BDCs

The Central Bank of Nigeria has directed all banks, financial institutions, and payment service providers across the country to immediately freeze the accounts and assets linked to six individuals and four Bureau De Change (BDC) operators over alleged involvement in terrorism financing.

The directive, issued under Nigeria's anti-money laundering and counter-terrorism financing framework, requires financial institutions to identify and block all accounts, funds, investments, and other financial assets associated with the affected persons and companies without prior notice. The institutions are also expected to report compliance to the appropriate regulatory and security agencies.

The action forms part of the Federal Government's broader efforts to disrupt financial networks that support terrorist activities, strengthen national security, and ensure compliance with international standards on combating money laundering and terrorism financing. The freeze remains in force pending the conclusion of investigations or further directives from the relevant authorities.

The CBN reiterated its commitment to safeguarding the integrity of Nigeria's financial system and urged all regulated institutions to comply fully with the directive to prevent the misuse of the banking sector for illicit financial activities.