Temidayo Akinuli

Temidayo Akinuli

  • Joined: May 27, 2024
  • Articles: 12

Nigeria’s Exit from the FATF Grey List: A Defining Moment for Financial Integrity in Africa

In a major milestone for Nigeria’s financial ecosystem, the Financial Action Task Force (FATF) officially removed the country from its grey list, signaling renewed confidence in Nigeria’s anti-money laundering (AML) and counter-terrorist financing (CFT) framework. This achievement is more than a policy win it’s a testament to years of collaboration, regulatory reform, and technological innovation driving stronger compliance systems across the nation.
In a major milestone for Nigeria’s financial ecosystem, the Financial Action Task Force (FATF) officially removed the country from its grey list, signaling renewed confidence in Nigeria’s anti-money laundering (AML) and counter-terrorist financing (CFT) framework. This achievement is more than a policy win it’s a testament to years of collaboration, regulatory reform, and technological innovation driving stronger compliance systems across the nation.

The Tug of War Defining Nigeria’s AML Space

The Tug of War Defining Nigeria’s AML Space

In Nigeria’s ever-evolving financial landscape, the fight against money laundering has become more than a regulatory obligation, it’s a battleground. From regulatory demands to institutional inertia, from technological gaps to cross-border pressures, the Anti-Money Laundering (AML) ecosystem is caught in…

Dirty Money, Clean Properties 

Picture this – Luxury real estate agent Chinonso, eager to close a multimillion-naira deal, helps a foreign buyer purchase several high-end properties with funds wired from offshore accounts. Unknown to him, these funds have come through a series of shell…

Navigate GoAML Like a Pro—Here’s How.

Navigate GoAML Like a Pro—Here’s How.

Effective compliance is a cornerstone of any successful financial institution or business operating within regulated environments. One critical tool that aids in meeting Anti-Money Laundering (AML) requirements is GoAML, a software developed by the United Nations Office on Drugs and…