UK, Nigeria deepen cooperation against financial crimes

By Favour Ulebor, Abuja
The United Kingdom and Nigeria have strengthened their strategic partnership to combat illicit financial flows, money laundering, fraud and terrorism financing through enhanced financial intelligence sharing and cross-border cooperation.

The renewed cooperation followed high-level engagements in the UK involving Nigerian financial authorities, regulators and stakeholders from the banking and telecommunications sectors, according to a joint statement issued on Tuesday.

The Nigerian delegation was led by the Chief Executive Officer of the Nigerian Financial Intelligence Unit (NFIU), Hafsat Bakari, and included representatives of the Central Bank of Nigeria ...