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NFIU reveals how terror financiers bypass BVN-SIM tracking to hide money trails
Nairametrics
Aug 24, 2026 · 11:59 WAT
The Nigerian Financial Intelligence Unit says terrorist financiers are evading BVN and SIM-based tracking through pre-registered SIM cards and bank accounts opened in women’s names. The disclosure highlights ongoing financial-monitoring and anti-money-laundering challenges relevant to Nigeria’s banking and financial-services sectors.