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
Sanwo-Olu prepares the way for Tinubu’s official visit to Lagos state
President Tinubu is expected to inaugurate several key projects executed by the Babajide Sanwo-Olu administration, including the Ojota–Opebi Link Bridge, designed to ease traffic congestion across the metropolis.
President Bola Tinubu will officially visit Lagos state on April 8 and 9, during which he will commission several completed projects by the administration of governor Babajide Sanwo-Olu.
The Commissioner for Information and Strategy, Gbenga Omotoso, said during a press briefing outlining activities for the President’s visit.
Omotoso said that Lagos remains Nigeria’s commercial hub and that the projects slated for commissioning reflect the administration’s investments in transportation, infrastructure, education, and public sector development.
According to him, President Tinubu is expected to inaugurate several key projects executed by the Babajide Sanwo-Olu administration, including the Ojota–Opebi Link Bridge, designed to ease traffic congestion across the metropolis.
Other projects include the Lagos State Geographic Information Service building, a multi-agency complex named after the President, a newly completed school complex, and the Mid-Level Agro Produce Hub in Abijo, Ibeju-Lekki.
He added that the Tolu Schools Complex in Ajegunle comprises 36 public schools—31 secondary and five primary schools—situated on 11.73 hectares of land in the Ajeromi-Ifelodun Local Government Area.
Omotoso said the redevelopment of the complex demonstrates the government’s people-oriented approach, noting that it serves about 20,000 pupils.
” These projects have been carefully conceived and executed to address the needs of our growing population, ease mobility, stimulate economic activity, and enhance social welfare,” he said.
News
Jega loses wife, Hajiya Hadiza
Hajia Hadiza passed on yesterday and was buried according to Islamic rites.
The Special Adviser to the President on Livestock Development, Prof. Attahiru Jega, has lost his wife, Hajiya Hadiza Jega.
Hajia Hadiza passed on yesterday and was buried according to Islamic rites.
Vice President Kashim Shettima, who represented the President at the janazah (Islamic funeral rites) yesterday at the National Mosque in Abuja, conveyed the President’s heartfelt sympathy to the bereaved family.
President Tinubu described the late Hajiya Hadiza as a woman of uncommon grace and strength, noting that she played a pivotal role as a steady support system to her husband throughout his years of public service, including his tenure as chairman of the Independent National Electoral Commission.
A statement in Abuja by his Special Adviser on Information and Strategy, Bayo Onanuga, said that the President also applauded her contributions to education and community development, highlighting her quiet but impactful influence in advancing social causes.
News
Atiku hires US lobbying firm for $1.2m to boost image – Report
One of the objectives of the engagement is to “counterbalance” the Nigerian government’s “lobbying narratives” in the United States, while also working to “advance understanding” of Atiku’s “leadership posture and policy vision” among policymakers.
Ex-Vice-President Atiku Abubakar has hired a Washington-based lobbying firm, Von Batten-Montague-York, L.C., to strengthen his reputational standing in the United States.
The PUNCH reported that the details of the deal are contained in documents filed with the U.S. Department of Justice, which show that the agreement was signed on March 9 and 10, 2026, by the firm’s managing partner, Karl Von Batten, and Nigerian politician Fabiyi Oladimeji on behalf of the former vice president.
According to the filing sighted on the Department of Justice ’s website on Sunday, the contract is aimed at shaping perceptions of Atiku within U.S. policy circles and countering narratives linked to the Nigerian government.
One of the objectives of the engagement is to “counterbalance” the Nigerian government’s “lobbying narratives” in the United States, while also working to “advance understanding” of Atiku’s “leadership posture and policy vision” among policymakers.
Under the arrangement, the firm is expected to facilitate meetings between the former vice-president and U.S. government officials, including members of Congress, as well as provide advisory services on policy positioning and engagement strategy.
“These activities include lobbying and government affairs engagement with Members of Congress, congressional staff, and executive branch officials concerning issues related to democratic governance, regional stability, economic development, and U.S. engagement with Nigeria and the broader West African region,” part of the contract reads.
The firm will also undertake “promotion, perception management, and public relations activities designed to enhance understanding among U.S. policymakers and relevant stakeholders” of Atiku’s positions.
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