News
FATF Delist Nigeria From List of Global Financial Crime Countries
Bakari, who led the implementation of the reform plan, described the delisting as “a true test of Nigeria’s resilience, coordination, and unwavering commitment to reform.
The Financial Action Task Force (FATF), has officially removed Nigeria from its list of jurisdictions under increased monitoring, also known as the grey list.
Burkina Faso, Mozambique, and South Africa were also removed from the grey list at the FATF October 2025 Plenary in Paris, France, following the countries’ successful implementation of a 19-point action plan aimed at strengthening their Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) frameworks.
The Director/CEO of the Nigerian Financial Intelligence Unit , NFIU, Hafsat Bakar , announced the development on Friday.
She disclosed that Nigeria was placed on the grey list in February 2023 after the FATF identified strategic deficiencies in its AML/CFT systems.
Over the past two years, the Federal Government worked with the FATF and the Inter-Governmental Action Group Against Money Laundering in West Africa to address the identified gaps through legislative reforms, institutional strengthening, and enhanced inter-agency coordination.
Key reforms cited by the FATF include the enactment and enforcement of the Money Laundering (Prevention and Prohibition) Act, 2022, and the Terrorism (Prevention and Prohibition) Act, 2022; the operationalisation of the Beneficial Ownership Register; and improved supervision of designated non-financial businesses and professions.
She emphasised that Nigeria had enhanced the capacity of its intelligence and law enforcement agencies to detect, investigate, and prosecute financial crimes, while deepening international cooperation and intelligence sharing.
“The NFIU is pleased to announce that the FATF, at its October 2025 Plenary in Paris, France, has officially removed Nigeria from the list of jurisdictions under increased monitoring, commonly known as the grey list.
This milestone marks a historic moment in Nigeria’s fight against serious financial crimes.
The delisting of Nigeria underscores the country’s commitment to global standards in combating money laundering, terrorist financing, and proliferation financing.
“Nigeria has demonstrated a sustained commitment to financial transparency and integrity.
Key milestones include the enactment and enforcement of the Money Laundering (Prevention and Prohibition) Act, 2022, and the Terrorism (Prevention and Prohibition) Act, 2022; the operationalisation of the Beneficial Ownership Register, improving corporate transparency and accountability; implementation of stronger supervisory and preventive measures by public and private sector authorities to prevent abuse of Nigeria’s financial system; increased international cooperation and cross-border intelligence exchange with regional and global partners; and improved supervision of Designated Non-Financial Businesses and Professions.”
She noted that a high-level Nigerian delegation — including the Attorney-General of the Federation and Minister of Justice, the Ministers of Finance and Interior, and the Director of the NFIU — represented the country at the plenary.
Bakari, who led the implementation of the reform plan, described the delisting as “a true test of Nigeria’s resilience, coordination, and unwavering commitment to reform.”
She commended President Bola Tinubu for his leadership and thanked key government institutions, the National Assembly, the judiciary, and the private sector for their roles in achieving the milestone.
Bakari urged all stakeholders to sustain the reform momentum to ensure Nigeria maintains compliance with global financial integrity standards.
News
Insecurity: PDP says Nigeria’s Safer in 2015 Than Today
In the statement signed by Comrade Ini Ememobong, National Publicity Secretary, the party sympathise with the families who have been affected by bombing and calls on the federal government to move beyond rhetoric in security matters.
Opposition party -The Peoples Democratic Party (PDP) has beaten it’s chest saying, “There is no one, including the President, who will not agree that our country was safer in 2015 than it is today.”
In a statement on Tuesday, the opposition party referenced the recent multiple bombings in Maiduguri, resulting in at least 23 deaths and injuring more than 100 people, alleging that “it was another incontrovertible piece of evidence of the inability of the APC-led federal government to curb the growing insecurity in the country.”
This bombing is an unfortunate addition to the numerous acts of grave insecurity that have occurred under the watch of President Bola Tinubu, who was the loudest campaign voice for the APC, promising to end insecurity immediately if his party is elected. Sadly, 11 years later, insecurity has not only increased significantly in the Northeastern part of Nigeria; it has spread almost uncontrollably to many other parts of the country that were hitherto very safe and peaceful.
Despite this glaring failure, the APC-led Presidency has devoted more time, energy, and resources to the task of political genocide against the opposition, instead of deploying the same to combat the growing insecurity that has become the lived reality and new normal of Nigerians.
In the statement signed by Comrade Ini Ememobong, National Publicity Secretary, the party sympathise with the families who have been affected by bombing and calls on the federal government to move beyond rhetoric in security matters and engage strategic stakeholders, especially community leaders, as part of a whole-of-society approach to combating insecurity.
News
President Tinubu Embarks on Historic State Visit to United Kingdom
President Bola Ahmed Tinubu, accompanied by First Lady Senator Oluremi Tinubu, will depart Abuja tomorrow, Tuesday, March 17, for a landmark state visit to the United Kingdom at the invitation of Their Majesties King Charles III and Queen Camilla.
The visit, the first by a Nigerian leader in 37 years and the first hosted by a British monarch at Windsor Castle, marks a significant milestone in Nigeria-UK relations. President Tinubu will be hosted at Windsor Castle from Wednesday, March 18, to Thursday, March 19.
During the stay, Their Majesties will invite the presidential couple to view a special Royal Collection exhibition featuring items related to Nigeria. Private discussions between King Charles and President Tinubu will follow, alongside meetings with organisations involved in interfaith dialogue.
The day will culminate in a State Banquet hosted by the Royal Family in honour of the Nigerian guests.President Tinubu will also hold bilateral talks with Prime Minister Keir Starmer at 10 Downing Street, paving the way for expanded high-level engagement.
The discussions are expected to result in the signing of multiple Memoranda of Understanding and agreements covering trade, investment, defence, and cultural cooperation.
A key highlight includes President Tinubu witnessing the signing of a major £746 million financing agreement between UK Export Finance (UKEF), the Nigerian Ports Authority (NPA), and the Federal Ministry of Finance.
The deal will support the refurbishment of Nigeria’s critical maritime infrastructure at the Lagos Port Complex (Apapa Quays) and Tin Can Island Port Complex.
The President will serve as guest of honour at the Nigerian Modernism exhibition, celebrating modern arts and culture, and attend a reception with Nigerian and British business leaders as well as the diaspora community.
The presidential entourage includes Senate President Godswill Akpabio; Attorney General and Minister of Justice Prince Lateef Fagbemi SAN; Minister of Solid Minerals Dele Alake; Minister of Information and National Orientation Mohammed Idris; Minister of State for Foreign Affairs Ambassador Bianca Ojukwu; Minister of Finance and Coordinating Minister of the Economy Wale Edun; Minister of Industry, Trade and Investment Dr. Jumoke Oduwole; Minister of Culture and Creative Economy Hannatu Musawa; Minister of Communications and Digital Economy Bosun Tijani; Minister of Defence General Christopher Musa (rtd); National Security Adviser Malam Nuhu Ribadu; and Director-General of the National Intelligence Agency Ambassador Mohammed Mohammed.
President Tinubu will return to Nigeria at the conclusion of the visit, which aims to deepen bilateral ties in immigration, trade, investment, security, and cultural exchange while reinforcing the enduring historical bond between the two nations.
News
NRC Confirms Minor Train Incident Near Asham, Reports No Fatalities (Images)
The Nigerian Railway Corporation (NRC) has confirmed that a minor but avoidable train incident occurred this morning near Asham, involving a rear locomotive and an adjacent passenger coach on one of its services.

According to the NRC’s official statement, the incident took place at approximately 10:30 a.m. and was caused by a coupling issue, resulting in contact between the rear locomotive and the following coach.
Several passengers sustained injuries in the event. The corporation stated that those affected were immediately provided with medical attention and transported to a nearby healthcare facility for further treatment. Importantly, no fatalities were recorded.

Emergency response teams were activated without delay, and technical crews have been deployed to the site. The Safety Investigation Bureau (SIB) has also arrived to carry out a comprehensive investigation in accordance with standard safety protocols.

The affected train reached Idu station around 10:39 a.m., approximately 38 minutes behind schedule, after time was taken to detach and remove the involved rear locomotive and coach SP 0006.

The NRC emphasized that passenger safety remains its highest priority.
The corporation assured the public that all required steps are being taken to resolve the situation and to maintain the safe and reliable operation of its train services moving forward.

The NRC said it will provide additional updates as more details emerge from the ongoing investigation.
-
Entertainment2 days agoOscars 2026:‘One Battle After Another’ Biggest Winner as Michael Jordan Wins Best Actor
-
Entertainment2 days agoPapa Ajasco : Despite Fame, “I don’t have a car or a house of my own”
-
Business1 day agoNigeria Ranks 14th out of 50 Most Agricultural Land globally
-
News2 days agoTinubu Pledges Support for Nigerian Media in Battle Against Big Tech.
-
News2 days agoAtiku’s Media Aide, Ifeanyi Izeze is Dead
-
News2 days agoMilitary Troops Battle ISWAP Attack in Maiduguri
-
News1 day agoNRC Confirms Minor Train Incident Near Asham, Reports No Fatalities (Images)
-
Entertainment2 days agoMichael B. Jordan Claims First Oscar Win for Best Actor in ‘Sinners’
