The Nigerian Financial Intelligence Unit has introduced a new Public-Private Partnership framework to combat money laundering and other financial crimes. This framework aims to strengthen the fight against terrorist financing and illicit financial flows.

Banks, insurance companies, and fintech firms are among the stakeholders being called upon to support this initiative. Virtual Asset Service Providers and other financial sector stakeholders are also encouraged to participate.

Further details about the framework and the role of stakeholders can be found through the source. The goal is to enhance intelligence sharing among these entities to prevent financial crimes.