The Central Bank of Nigeria (CBN) have decided to assist the Federal Government of Nigeria in fishing out Boko Haram and its cohorts by ordering banks to cross-check their database for the names”Jamaatu Ahis-Sunna Liddaawti Wal Jihad” which is otherwise known as Boko Haram as well as “Jama’atu Ansarul Muslimina Fi Biladis Sudan”.

This was expressed in a circular sent across to banks nationwide and signed by the acting director, Financial Policy and Regulation Department of CBN, Nwaoha I.T.

Nwaoha said”the federal government of Nigeria in its effort to stem terrorism in the country has proscribed the activities of Jamaatu Ahis-Sunna Liddawti Wal Jihad otherwise known as Boko Haram sect and Jama’atu Ansarul Muslimina Fi Biladis Sudan in any part of the country. Their activities are consequently declared as terrorism and illegal. All banks and other financial institutions (OFIs) are by this letter required to check their database for the names”Jamaatu Ahis-Sunna Liddaawti Wal Jihad” which is otherwise known as Boko Haram as well as “Jama’atu Ansarul Muslimina Fi Biladis Sudan, as well as their associates and to report them to the Central Bank of Nigeria.”

CEOAFRICA.COM gathered that the  circular also instructed that where no account or business relationship is maintained for any proscribed names, other associates, a nil return should be rendered.

It would be recalled that the federal government of Nigeria has declared the activities of the two groups as acts of terrorism and proscribing their activities and restraining any group or person from relating with them.