Nigeria, Jan. 16 -- The European Union Commission has removed Nigeria from its list of high-risk jurisdictions on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT).

The delisting, contained in an updated list of high-risk jurisdictions, follows decisions taken at the Financial Action Task Force (FATF) Plenaries of June and October 2025.

The EU regulation takes effect from 29 January 2026.

The EU Commission also confirmed the removal of Burkina Faso, Mali, Mozambique, South Africa and Tanzania from the EU high-risk list after their successful exit from the FATF list of Jurisdictions under Increased Monitoring.

It acknowledged that Nigeria and the other delisted countries have strengthened the effectiveness of th...