NFIU Explains EU's Removal of Nigeria from Money Laundering High-Risk List

The Nigerian Financial Intelligence Unit (NFIU) revealed the reasons behind the European Union's removal of Nigeria from the high-risk jurisdictions for money laundering and terrorism financing. NFIU's Chief Executive Officer, Hafsat Bakari, credited Nigeria's successful exit from the Financial Action Task Force (FATF) grey list in October 2025.

The EU's delisting decision also included countries like South Africa, Burkina Faso, and Mali, while adding new countries. The move reflects Nigeria's commitment to global anti-money laundering and counter-terrorism financing standards.

The success is attributed to the guidance and commitment of President Bola Ahmed Tinubu.