Nigeria, Oct. 26 -- Nigeria's removal from the Financial Action Task Force's (FATF) grey list marks a significant milestone in restoring confidence in the country's financial system, the Central Bank of Nigeria (CBN) said on Saturday, after the global watchdog acknowledged reforms that strengthened regulation, transparency, and enforcement across the financial sector.

In a statement signed by its Acting Director of Corporate Communications, Hakama Ali, the CBN said the FATF's decision followed an extensive review of Nigeria's reform efforts to improve compliance with international anti-financial crime standards.

The Financial Action Task Force (FATF), at its October 2025 plenary in Paris, officially removed Nigeria from its list of coun...