Nigeria Delisted from Global Money Laundering Watch List by FATF

Nigeria has been delisted from the global money laundering watch list by FATF, along with South Africa, Mozambique, and Burkina Faso. This decision follows Nigeria's successful completion of its FATF action plan, marking two years of sustained efforts to reform its anti-money laundering and counter-financing of terrorism framework.

President Bola Tinubu hailed this development as a major milestone in Nigeria's economic reform journey. The FATF is recognized as the world's leading standard-setting body in combating money laundering and terrorist financing.