EU Removes Nigeria from High-Risk Financial List, Acknowledging AML/CFT Efforts

The European Union has delisted Nigeria from its high-risk third countries list under the EU anti-money laundering and counter-financing of terrorism framework. This move, effective from January 29, 2026, follows Nigeria's successful exit from the FATF list.

The decision reflects Nigeria's strong political will and leadership, particularly under President Bola Ahm Tinubu, in strengthening its AML/CFT regime. The CEO of the Nigerian Financial Intelligence Unit, Hafsat Abubakar Bakari, hailed the delisting as a validation of Nigeria's ongoing reforms and progress in combating financial crimes.