Nigeria moves closer to exiting FATF grey list as 5th progress report gets approval

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From Juliana Taiwo-Obalonye, Abuja

Nigeria is poised to exit the Financial Action Task Force (FATF) grey list by the end of 2025, following significant progress in strengthening its anti-money laundering and counter-terrorism financing (AML/CFT) frameworks.

According to a statement by NFIU’s  Strategic Communications Office, this development was confirmed during the FATF plenary session…

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