The Central Bank of Nigeria (CBN) has directed banks to update their database and report names of the proscribed Jamaatu Ahlis-Sunna Liddaawati Wal Jihad otherwise known as the Boko Haram sect and Jama’atu Ansarul Muslimina Fi Biladis Sudan and their associates to it if found with immediate effect.
According to a circular from CBN last night, the directive is in furtherance of the recent proscription of the two bodies linked with terrorism.
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Consequently, CBN said that any linkage or association with the two associations be reported to it immediately while a nil report is submitted where no persons or associations are linked with them.
In its effort to stem terrorism in the country, the Federal Government has declared the activities of these sects illegal, Nwoha I.T, director of, the financial policy and regulation department, has stated.
Part of the circular reads: “All banks and other financial institutions (OFIs) are, by this letter, required to check their database for the names Jamaatu Ahlis-Sunna Liddaawati Wal Jihad otherwise known as Boko Haram sect and Jama’atu Ansarul Muslimina Fi Biladis Sudan as well as their associates and to report same to the Central Bank of Nigeria”.
