Nigeria's progress in strengthening measures to tackle money laundering and terrorist financing

Publication details

Language

English

Country

Nigeria

Topic

Mutual Evaluations

Nigeria's progress in strengthening measures to tackle money laundering and terrorist financing

Nigeria: Follow-up Report 2022

Filename: GIABA-Nigeria-Follow-Up-Report-2022.pdf
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Format: application/pdf

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Overall, Nigeria has made significant progress in addressing the technical compliance deficiencies identified in its 2021 Mutual Evaluation.

Nigeria has been re-rated on five recommendations:

Recommendation 3 has been re-rated from Partially Compliant to Compliant
Recommendations 7 has been re-rated from Non Compliant to Largely Compliant
Recommendations 11 has been re-rated from Partially Compliant to Compliant
Recommendations 19 has been re-rated from Partially Compliant to Largely Compliant
Recommendations 20 has been re-rated from Partially Compliant to Compliant

Nigeria has 26 Recommendations rated C/LC. Nigeria will remain in Enhanced Follow-up.

Technical Compliance

Ratings which reflect the extent to which a country has implemented the technical requirements of the FATF Recommendations.

C = compliant | LC = largely compliant | PC = partially compliant | NC = non-compliant

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