Army Chief urges financial institutions to block terrorist funding networks

Lieutenant General Waidi Shaibu, the Chief of Army Staff, emphasized the importance of the banking sector in addressing the challenges of terrorism financing and money laundering during a meeting on Monday with the Group Managing Director of a leading financial institution. He urged financial institutions to enhance their efforts in identifying and blocking networks that facilitate these illicit activities, which contribute to the ongoing insecurity in Nigeria. The call highlights the critical role that banks and financial entities play in national security and the need for collaboration between military and financial sectors to combat these threats effectively.

Read More