EFCC, CBN STRENGTHEN COLLABORATION IN ENUGU

opeolumartinMarch 25, 2026March 25, 202603 mins

Enugu, Enugu State | March 17, 2026

The Economic and Financial Crimes Commission (EFCC) has called for enhanced collaboration and operational support with the Central Bank of Nigeria (CBN) in Enugu State as part of efforts to strengthen the fight against economic and financial crimes.

The call was made by the Zonal Director of the Enugu Zonal Directorate of the EFCC, Daniel Isei, during a courtesy visit to the Branch Controller of the CBN in Enugu State, Otutubuike Justice Agbaeze, at his office. The visit forms part of ongoing stakeholder engagements aimed at deepening inter-agency collaboration, promoting accountability in the financial sector, and strengthening anti-money laundering measures in the country.

Describing the CBN as a critical partner in the fight against financial crimes, Isei noted that both institutions have maintained a strong working relationship through various joint initiatives over the years. He commended the apex bank for its continued support, particularly in safeguarding assets recovered by the Commission.

According to him, the CBN plays a pivotal role as a secure repository for valuables recovered during EFCC operations, significantly enhancing the Commission’s investigative and enforcement efforts.

While acknowledging the bank’s cooperation, Isei appealed for more timely responses to official correspondences from the Directorate, stressing that prompt feedback is essential to ensuring the swift resolution of financial investigations. He noted that delays in responses could hinder the effectiveness of ongoing cases, emphasizing that time remains a critical factor in such investigations.

In his response, Agbaeze reaffirmed the bank’s commitment to sustaining its collaboration with the EFCC, including providing expert assistance when required. He assured the Commission of improved synergy and responsiveness in the interest of maintaining financial system stability and supporting national development.

The engagement underscores the shared commitment of both institutions to strengthening Nigeria’s financial system and enhancing the fight against economic and financial crimes through closer cooperation.