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Nigeria Delisted from FATF Grey List for Anti-Money Laundering Efforts

The Will··1 min read
Nigeria Delisted from FATF Grey List for Anti-Money Laundering Efforts

Nigeria has been delisted from the FATF grey list after implementing reforms to strengthen its anti-money laundering and counter-terrorism financing framework. This achievement was announced during the FATF plenary session in Paris, recognizing Nigeria's increased monitoring and regulatory improvements.

President Bola Tinubu praised the milestone, highlighting the collaborative efforts of various stakeholders, including the Nigerian Financial Intelligence Unit (NFIU) and international partners. The delisting reflects renewed global confidence in Nigeria's financial governance and marks a pivotal phase in the country's broader economic and institutional reform agenda.

Plus234Feed summary based on reporting from The Will.

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