For effective implementation of FATF Recommendation 8

The Financial Action Task Force and relevant provisions of the laws and regulations on money laundering and countering terrorism financing were designed to help identify the source, volume and movement of currency and other monetary instruments transported or transmitted into…

60 % of proceeds from Tuface concert for IDPs–UNHCR

Sixty per cent of the proceeds realised from the Tuface charity concert would be channelled toward providing protection and empowerment of the Internally Displaced Persons in the North-East. Mr Jose-Antonio Canhandula, Country Representative, United Nations High Commission for Refugees (UNHCR),…

BMW denies manipulating emission system

German carmaker Bayerische Motoren Werke AG or in English, Bavarian Motor Works (BMW) that is manipulated emission treatment system in its vehicles. In a statement on Sunday, the carmaker rejected media reports that the systems did not work effectively and that…

UNDP urges FG to ensure new Mining Road Map

The United Nations Development Programme (UNDP) has advised the Ministry of Mines and Steel Development to ensure that its current road map would not encounter challenges that faced previous road maps. The UNDP gave the advice in its “Nigeria Gap…