Nigerian Financial Intelligence Unit (NFIU) calls for AI-driven data intelligence to combat illicit financial flow

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Nigerian Financial Intelligence Unit (NFIU) calls for AI-driven data intelligence to combat illicit financial flow

By Nigerian Financial Intelligence Unit

Speaking at the Federal Inland Revenue Service (FIRS) National Conference on Illicit Financial Flows (IFFs) held on 22-23 July 2025, NFIU's Chief Operating Officer Muhammad Jiya highlighted how digital payment systems and fintech platforms are being exploited for illicit transactions, calling for a shift from reactive compliance to proactive "intelligence-by-design" frameworks.

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