FATF Delists Nigeria From Global Money Laundering Watchlist

The Financial Action Task Force (FATF) has delisted Nigeria from its greylist of countries with deficiencies in anti-money laundering and counter-terrorist financing frameworks.

The global finance watchdog announced the decision at the end of a plenary meeting on Friday.

South Africa, Mozambique, and Burkina Faso were among the four African countries removed from the list.

The FTAF said the countries’ governments stepped up efforts to combat money laundering and terrorist financing.