The Securities and Exchange Commission (SEC) has expressed optimism that Nigeria’s removal from the Financial Action Task Force (FATF) grey list will boost investors' confidence in the capital market. SEC's Director General, Emomotimi Agama, stated this on Channels Television’s Morning Brief on Monday, October 27. He described the country’s exit from the global watchlist as a …
The Central Bank of Nigeria (CBN) has hailed the country’s removal from the list of jurisdictions under increased monitoring, known as the "grey list”, following a successful on-site evaluation of reforms implemented across the financial system. The Financial Action Task Force’s (FATF) formally announced Nigeria’s removal from its watchlist on Friday, October 24, Pinnacle Daily …
The Financial Action Task Force (FATF) has removed Nigeria from the global money-laundering watchlist, explaining that the country has demonstrated strong political will and inter-agency collaboration in combating financial crimes over the last two years under President Bola Tinubu, since the country was placed on the grey list. Its president, Elisa de Anda Madrazo, announced …
Nigeria and three other African countries are billed to be removed from the Financial Action Task Force’s (FATF) grey list in October. Bloomberg disclosed this in a report on Tuesday, September 30, stating that the task force’s assessors, who carried out on-site visits in recent weeks, hinted at significant progress. Pinnacle Daily reports that the …
