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Nigeria Exits FATF Global Watchlist, Marks Milestone in Financial Crime Fight

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Nigeria Exits FATF Global Watchlist, Marks Milestone in Financial Crime Fight

Nigeria's exit from the FATF watchlist is hailed as a major achievement in combating financial crimes. President Bola Tinubu welcomed the delisting, emphasizing the country's commitment to global standards.

The FATF Director congratulated Nigeria, recognizing its efforts to combat money laundering and terrorist financing. The Nigerian Financial Intelligence Unit described the development as a historic moment in the country's fight against serious financial crimes.

This move follows Nigeria's successful completion of its FATF action plan, showcasing sustained efforts towards reform and anti-money laundering measures.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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