News
Money Laundering: CBN Places Cameroon, Vietnam, Croatia On Watchlist

The Central Bank of Nigeria has asked Deposit Money Banks and Other Financial Institutions in the country to increase monitoring of transactions with businesses and persons in and from Cameroon, Croatia and Vietnam.
This was according to a circular referenced: FPR/AML/PUB/BOF/001/029, which was issued, on Thursday, by the Director, Financial Policy and Regulation, Mr Chibuzo Efobi.
According to CBN, Nigerian banks and other financial institutions need to watch transactions with those countries because they had been recently placed on a grey list by the Financial Action Task Force.
The Financial Action Task Force is an international body whose purpose is to develop and promote measures to combat money laundering, terrorist and proliferation financing.
READ ALSO: CBN Limits Daily Transactions Via Contactless Payments
Any country under increased monitoring is actively working with the FATF to address strategic deficiencies in its regime to counter money laundering, terrorist financing, and proliferation financing.
The apex bank also said that the Democratic People’s Republic of Korea, Iran and Myanmar remain on the list of high-risk jurisdictions, which banks should closely monitor.
The Circular reads in part, “The attention of banks and other Financial Institutions is drawn to the outcomes of Financial Action Task Force Plenary conducted from June 21-23, 3023 and subsequent addition of Cameroon, Croatia and Vietnam to the list of jurisdictions under ‘Increased Monitoring.’
“Furthermore, Democratic People’s Republic of Korea, Iran and Myanmar remain on the list of high-risk jurisdictions, subject to ‘Call for Action.’
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“Consequently, enhanced due diligence should be applied and in severe cases, counter-measures may need to be implemented to safeguard the international financial system.”
The CBN added that Russia remains suspended from the FATF, and banks need to stay vigilant and beware of any risks from transactions with the listed countries.
“Additionally, we would like to emphasise that the suspension of the Russian Federation from the FATF remains in effect.
“FIs are to be vigilant to and be alert to possible emerging risks resulting from the circumvention of measures taken to protect the international financial system.
READ ALSO: Probe Begins As Rampaging Cultists Kill Three In Lagos
“In light of these developments, FIs are directed to note all additions to jurisdictions under ‘Increased Monitoring,’ as well as, high-risk jurisdictions subject to a ‘Call-for-Action’ and take necessary measures to mitigate these risks effectively,” the CBN said.
Earlier in February this year, Nigeria was also grey-listed by the FAFT.
A recent statement from the Nigerian Financial Intelligence said the country’s positive push to get out of the grey list has compelled the FATF to slash Nigeria’s 84 identified deficiencies to 15.
News
Edo Postpones School Resumption Date

Edo State Government has postponed the resumption of all public and private schools in Edo Central Senatorial District where Governor Monday Okpebholo hails from.
The postponement of the resumption date may not be unconnected to the rising insecurity in the area, as it would be recalled that violent protest a few days ago engulfed Ekpoma, Edo Central over incessant kidnappings in the locality.
The angry protesters vandalised the Palace of the Onojie of Ekpoma, just as shops were looted, an act the state government had condemned in strong terms.
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In a statement, the state Commissioner for Education, Dr. Paddy Iyamu, said the school resumption postponement was till further notice and to enable them address some exigencies to improve the welfare of the pupils.
According to him, “The new date of resumption will be duly communicated to the public in due course.
“Parents, guardians, and all education stakeholders within Edo Central Senatorial District are kindly requested to take note of this development and comply accordingly.”
News
NAF Launches Attack On Terrorists In Borno

The Nigerian Air Force, NAF, operating as part of the joint task force of Operation Hadin Kai, has carried out a coordinated air interdiction at AbbagaJiri in the Timbuktu Triangle, Borno State.
According to Air Commodore Ehimen Ejodame, Director of Public Relations and Information of NAF, the air strikes successfully paved the way for ground troops.
He explained that the operation was based on actionable intelligence from multiple sources, which confirmed the presence of terrorists, their structures, and concealed logistics facilities in the area.
Ejodame stated that NAF air assets were deployed in integrated surveillance and precision strike roles to target identified threats.
READ ALSO:NAF Hits Bandit Logistics Hub, Neutralises Many In Zamfara
The operation aimed to degrade terrorist capabilities, deny them sanctuary, and shape the battlefield for ground forces, all while strictly adhering to rules of engagement and protecting civilians.
He added, “The Identified terrorist structures were decisively engaged and destroyed, denying the terrorists freedom of action, while a follow-up engagement neutralised armed elements observed converging on the location.”
“Subsequent advances by ground troops into the area confirmed the effectiveness of the air strikes and validated the success of the joint air–land operation.”
Speaking on the mission, Chief of the Air Staff (CAS), Air Marshal Sunday Aneke, said, “The success of the mission reflects the NAF’s resolve to dominate the air domain in support of joint operations.”
READ ALSO:NAF Hits Bandit Logistics Hub, Neutralises Many In Zamfara
Aneke further emphasized that the operation highlighted the service’s commitment to providing precise and decisive air power in support of ground forces.
In his words, “We will continue to deny terrorists freedom of movement, sanctuary, and logistics wherever they seek to hide. Air operations will remain relentless and intelligence-driven.”
“Our operations are carefully planned and intelligence-led, ensuring maximum effect on hostile elements while safeguarding innocent civilians.”
READ ALSO:NAF Announces Two-hour Road Closure In Abuja For 10km Walk
“The Nigerian Air Force will sustain pressure until terrorist networks are completely dismantled.”
He further noted that the operation showcased NAF’s aggressive stance, precision employment of airpower, and dedication to sustained joint operations.
Aneke added that such missions play a crucial role in enabling ground troops to maintain momentum and deliver decisive outcomes against terrorist networks threatening lives, property, and Nigeria’s national security.
News
Lagos Parks To Close For Maintenance – State Govt

The Lagos State Parks and Gardens Agency, LASPARK, has announced that all public parks under its management across the state will be temporarily closed for routine maintenance and upgrades.
In a statement released on January 9 and shared via its official platforms early Saturday, LASPARK said, “All parks under our management will be closed to the public from January 12 to January 31, 2026.
“This follows increased visitor activity during the recent festive season.”
The agency listed several popular recreational spots that will be affected, including “Ndubisi Kanu Park, Alausa JJT Park, Dr. Finnih Abayomi Park in Oregun, and all other LASPARK-managed parks across Lagos State.”
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Explaining the reason for the closure, LASPARK added, “The temporary shutdown is necessary to carry out essential landscaping, facility repairs, and general upgrades to ensure that our parks remain safe, clean, and enjoyable for residents and visitors.”
The agency also stressed that the exercise aligns with its broader mandate, noting, “This maintenance programme is part of our commitment to providing well-maintained green spaces that promote relaxation, wellness, and environmental sustainability.”
LASPARK assured residents that “all parks will reopen at the end of the maintenance period.”
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