CBN extends anti-money laundering compliance deadline for Nigerian banks
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Reported Facts
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- •The Central Bank of Nigeria announced the extension on March 11, 2026.
- •The extension applies to all licensed banks operating in Nigeria.
- •The compliance relates to anti-money laundering rules designed to detect and prevent illicit financial activities.
What Could Happen If...
- ▸CBN enforces the new deadline strictly Banks that fail to comply may face penalties, affecting their operations and reputation.
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Source Coverage
AFRICA
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