AML – CFT NEWS

Spaces for Change and SCUML Co-host Sensitization Workshop on Money Laundering and Terrorism Financing for Nigeria’s Non-Profit Sector

10.10.2019 in AML - CFT NEWS

On June 20, 2019, Spaces for Change (S4C) and the Special Control Unit against Money Laundering and Terrorism Financing (SCUML) co-hosted a workshop, Combating Money Laundering and Terrorism Financing Risks in the Non-Profit Sector, which had in attendance, 62 representatives of religious groups, donor bodies, local and…

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Federal Government increases VAT from 5 to 7.2%

28.09.2019 in AML - CFT NEWS

The Federal Executive Council has approved a proposed increase of Value Added Tax from 5 percent to 7.2 percent. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this to State House correspondents after an FEC meeting presided over by President Muhammadu Buhari….

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Nigerian lawmakers to revisit NGO regulatory bill.

27.09.2019 in AML - CFT NEWS

”The House of Representatives will revisit the controversial bill to regulate Non-Governmental Organisations, Speaker Femi Gbajabiamila has stated. ”The speaker stated it has become imperative to revisit the bill due to the activities of NGOs in the North-eastern part of Nigeria. Speaking during a debate…

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