Nigerian Financial Intelligence Unit

03/09/2026

Every report matters. Every analysis counts. Every action protects. 💪✨

The NFIU is Nigeria’s frontline in the fight against money laundering and terrorism financing.

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02/09/2026

Chief Executive Officer of the Nigerian Financial Intelligence Unit (NFIU) and Nigeria’s GIABA National Correspondent, Hafsat Abubakar Bakari, joined colleagues and partners in Dakar, Senegal, on August 31, 2026, to honour the outgoing Director-General of the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA), Edwin W. Harris Jr., at a ceremony marking the formal transition of leadership.

For the NFIU CEO, the occasion was more than a formal change of leadership. It was an opportunity to celebrate a professional relationship that has grown over the years into one marked by mutual respect, friendship and shared commitment to strengthening financial intelligence cooperation across the region.

In her tribute, the CEO reflected on her longstanding association with Mr Harris, dating back to his time as Director of the Liberia Financial Intelligence Unit and President of the Forum of FIUs of GIABA Member States, during which she served as Executive Secretary of the Forum.

She described him as a leader whose accessibility, warmth and commitment to the work of Financial Intelligence Units left a lasting impression, noting that his departure was not simply the closing of a professional chapter, but also a farewell to a valued colleague and friend.

While expressing appreciation for his service and contributions to GIABA, she wished him well in his future endeavours and welcomed the incoming Director-General, Mam Cherno Jallow, assuring him of Nigeria’s continued support and partnership.

The ceremony provided a fitting and heartfelt moment to acknowledge Mr Harris’s years of service, the relationships built along the way and the collective responsibility of GIABA Member States to sustain the progress made in strengthening the region’s fight against money laundering and other financial crimes.

02/09/2026

31/08/2026

🔍 MYTH vs FACT: Beneficial Ownership

Just because a person's name does not appear on a company's registration documents does not mean they are disconnected from its activities.

Beneficial ownership goes beyond paperwork. It focuses on identifying the individual who ultimately owns, controls, or benefits from a company, whether directly or through another person, arrangement, or legal structure.

Understanding who is truly behind a company is critical to preventing the misuse of corporate entities for money laundering, corruption, tax evasion, fraud, and other illicit financial activities.

Transparency in ownership helps strengthen accountability, protect the integrity of the financial system, and support the fight against financial crime.

26/08/2026

Biotechnology is opening new frontiers for Nigeria, from food security and healthcare to research, industry and innovation. But as the sector grows, so must the safeguards that protect it.

The NFIU, Wednesday, August 26, 2026, hosted the Director-General/CEO of the National Biotechnology Research and Development Agency (NBRDA), Prof. Abdullahi Mustapha, for discussions on biotechnology governance, proliferation financing, national security and financial integrity.

NFIU CEO, Ms. Hafsat Abubakar Bakari, welcomed the engagement as the beginning of a strategic partnership between two institutions with complementary roles in strengthening Nigeria’s resilience.

The conversation also recognised NBRDA’s contributions to Nigeria’s National Risk Assessment (NRA) and the Proliferation Financing Working Group, with both institutions exploring collaboration on risk assessment, capacity building, strategic analysis and information sharing.

The goal is clear: to ensure that Nigeria’s biotechnology capabilities advance innovation and development while remaining safe, responsible and resilient against emerging risks.

26/08/2026

24/08/2026

🚨 Join us for the 16th Edition of the NFIU Legal Compass Series as we explore a critical topic ahead of Nigeria’s upcoming Mutual Evaluation.

Topic: FATF Updated Standards: Implication of Amendments to IO 3 for the Upcoming Nigeria’s Mutual Evaluation

🎙️ Speaker: Aminu Isah Buhari, FCIN, CFE, CAMS, Deputy Director, Financial Crimes Supervision, Central Bank of Nigeria (CBN)
👤 Host: Hafsat Abubakar Bakari, CEO, Nigerian Financial Intelligence Unit (NFIU)

📅 Date: Thursday, 27 August 2026
⏰ Time: 11:00 AM (WAT)
💻 Venue: https://tinyurl.com/3a52a6a5

This session will provide valuable insights into the recent FATF amendments to Immediate Outcome 3 (IO.3), their implications for AML/CFT supervision, and what they mean for Nigeria’s preparations for the 2027 Mutual Evaluation.

We look forward to your participation.

14/08/2026

At the U.S.-Nigeria Joint Working Group engagement, NFIU CEO, Hafsat Abubakar Bakari, joined stakeholders from both countries in reaffirming their commitment to strengthening cooperation against violent crimes, including terrorism and its financing.

The engagement reflects the importance of sustained collaboration, intelligence sharing and collective action in addressing evolving security threats.

Read more: https://gazettengr.com/alleged-christian-genocide-trump-reviews-u-s-designation-of-nigeria-as-country-of-particular-concern/

12/08/2026

Happy International Youth Day!

At NFIU, we recognise that the future of the fight against financial crime lies in empowering a new generation of ethical, informed and resilient leaders. Through knowledge, technology, collaboration and active civic engagement, young people have a vital role to play in building a safer, more transparent and more prosperous society.

As we mark , we reaffirm our commitment to supporting youth participation in promoting integrity, accountability and financial system resilience.

The future is not just for young people; it is being shaped by them today.