EFCC Sounds Alarm Over Money Laundering Risks, Urges OPay to Lead the Fight Against Financial Crime in Nigeria
In a crucial move reflecting growing regulatory focus on Nigeria’s booming fintech landscape, the Economic and Financial Crimes Commission (EFCC) has issued a stern call to OPay, one of the country’s largest digital financial services platforms, to strengthen its anti-money laundering (AML) defences, tighten customer verification practices, and uphold uncompromising compliance with Nigerian laws. The…
