Nigeria, South Africa Exiting Illicit Money Grey List This Month

Leadership | 02-10-2025 05:45pm |

Nigeria and South Africa are poised to exit a global financial watchdog’s “grey list” as soon as next month, marking a change in fortune for two of the continent’s biggest economies, Bloomberg reports. The Financial Action Task Force put the two nations under heightened scrutiny in February 2023 for shortcomings in tackling illicit financial flows.

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