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Canada working closely with EU on foreign aid as U.S. pulls back, Sarai says: Canada’s deepening ties with Europe could help fill some of the massive gaps left ...
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Senate urges FG to seek foreign climate financing to protect Nigeria’s coastal settlements
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Nigeria trains 100 officials ahead of anti-money laundering assessment: The exercise comes nearly a year after Nigeria was removed from the Financial Action Task ...
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CSOs demand withdrawal of Foreign Aid Bill, warn of threat to civic space: The coalition described the bill as repressive and unconstitutional ...
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SERAP, NGE fault foreign aid bill, demand withdrawal: The Socio-Economic Rights and Accountability Project and the Nigerian Guild of Editors have urged the ...
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OpinionWhy Criminals Love the Chinese Economy: And Why Beijing Can’t—or Won’t—Crack Down
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Foreign aid bill: CSOs fear govt crackdown, N20m fines: A proposed Foreign Aid Bill could see CSOs face N20m fines and licence loss for non-compliance ...
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IGP directs police to refer terrorism financing, banditry cases to specialised units
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Nigeria: Senate Condemns Rehabilitation of Repentant Boko Haram Terrorists, to Meet Tinubu Over Worsening I...
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Foreign aid cuts put HIV, TB, malaria gains at risk, Ex-minister warns - Healthwise
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Nigeria: As Foreign Aid Declines, Can Pension Funds Fill Nigeria's Health Financing Gap?
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OpinionBreaking cycle of foreign aid, corruption: The US has provided more than $200 billion in foreign assistance to Africa, yet the continent loses an estimated $88 ...
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US aid pause threatens HIV/AIDS gains in Nigeria – Expert: An expert warns the US aid pause for HIV/AIDS programs could reverse years of progress in Nigeria ...
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EU removes Nigeria from high-risk money laundering list: The delisting, contained in an updated list of high-risk jurisdictions, follows decisions taken at the ...
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South Africa, Nigeria exit global financial crime watch list: Sub-Saharan Africa's largest economies, South Africa and Nigeria, have been removed from a global ...
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Key FactsCBN Welcomes Nigeria’s FATF Delisting
Oct 25, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: punchng.com
Summary created with AI assistance · Source: punchng.com
- On Friday, the FATF removed Nigeria, South Africa, Mozambique, and Burkina Faso from its list of jurisdictions under increased monitoring.
- Nigeria’s two-year reform programme involved several agencies, while the CBN strengthened financial-sector supervision, transparency, governance, and compliance monitoring.
- The CBN said delisting could ease international transactions, lower compliance costs for Nigerian firms, and improve access to international finance.
- Nigeria had been listed since February 2021; Governor Olayemi Cardoso said the reform direction was validated and should now be consolidated.
The FATF’s decision to remove Nigeria from the grey list is a strong affirmation of our reform trajectory and the growing integrity of our financial system.— Olayemi Cardoso, Governor of the Central Bank of Nigeria, commenting on the FATF decision to remove Nigeria from the grey list.
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