By Taiwo Scholarstica
The Nigerian Financial Intelligence Unit (NFIU) has received the Ambassador of the Republic of Turkey to Nigeria, Mehmet Poroy, during a courtesy visit to its headquarters in Abuja.
The visit provided an opportunity for both sides to discuss ways of strengthening cooperation between Nigeria and Turkey in the fight against financial crimes.
Speaking during the meeting, NFIU Chief Executive Officer, Hafsat Abubakar Bakari, stressed the importance of international partnerships in addressing money laundering, illicit financial flows and other financial crimes that operate across national borders.
She said, “Stronger international partnerships are essential in tackling money laundering, illicit financial flows and other transnational financial crimes.”
The engagement also focused on improving collaboration in financial intelligence, information sharing, capacity building and institutional development.
The NFIU noted that the growing relationship between Nigeria and Turkey could provide a platform for both countries to deepen their efforts in identifying and responding to financial threats.
With financial crimes increasingly taking advantage of international networks and technological developments, the agency said cooperation among countries remains important in tracing suspicious transactions, sharing relevant intelligence and strengthening enforcement mechanisms.
The meeting further highlighted the need for institutions responsible for financial intelligence to maintain effective channels of communication and cooperation, particularly as criminals continue to develop new methods of moving and concealing illicit funds.
The NFIU said partnerships with international counterparts would also help strengthen Nigeria’s financial system and contribute to broader national security and economic stability efforts.
The agency reaffirmed its readiness to work with Turkey and other international partners in promoting transparency and financial integrity.
It added, “The NFIU remains committed to working with international partners to advance transparency, financial integrity and effective intelligence-led responses to emerging threats.”
The visit ended with both sides expressing interest in deepening institutional cooperation and exploring practical areas of collaboration that could improve the fight against cross-border financial crimes.