CBN to Consolidate Reforms as Nigeria Exits FATF Grey List
The Central Bank of Nigeria (CBN) vows to consolidate recent financial system reforms, emphasizing that compliance, innovation, and trust must advance to reinforce financial stability and strengthen Nigeria's global credibility.
This follows the Financial Action Task Force's (FATF) announcement removing Nigeria from its "grey list" after a successful on-site evaluation of Nigeria's anti-money laundering and counter-terrorist financing frameworks.
Compliance, innovation, and trust must continue to advance hand in hand to reinforce financial stability and strengthen Nigeria’s global credibility.
The decision marks a significant milestone in Nigeria's financial reform journey.
Author's summary: Nigeria exits FATF grey list.
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