5th November 2025
Combating Anti-Money Laundering Through Automation – Central Bank of Nigeria’s Approach
Nigeria’s Central Bank has released an Exposure Draft on Baseline Standards for Automated Anti-Money Laundering Solutions, signaling a shift toward technology-driven compliance. The Draft sets minimum standards for deploying intelligent, interoperable systems across banks, fintechs, and other regulated entities, aligning Nigeria’s oversight framework with global best practice.
Authored by TEMPLARS Partner, Emmanuel Gbahabo; Managing Counsel, Obianuju Ifebunandu; and Associate, Victoria Gordon, the article explores the proposed baseline compliance requirements for automation, data analytics, and artificial intelligence in reshaping compliance strategy and governance in the financial sector.
It also highlights the commercial opportunity for institutions to take strategic steps to modernise AML solutions, strengthen risk management, and engage proactively with the regulator in shaping Nigeria’s next era of financial integrity.
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