Raphael Oni
The Tinubu Media Volunteers (TMV) has hailed Nigeria’s removal from the European Union’s list of high-risk countries for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) as a “remarkable development” that will strengthen the nation’s international standing.
In a statement signed by TMV Chairman Chukwudi Enekwechi and Secretary Segun Ogedengbe, the group noted that the decision follows Nigeria’s earlier removal from the Financial Action Task Force (FATF) list of Jurisdictions under Increased Monitoring in October 2025, after completing its FATF Action Plan.
“This positive development is the result of the extraordinary leadership and strong political will of President Bola Tinubu, whose bold economic reforms and visionary leadership have driven exceptional inter-agency coordination and collaboration with international partners,” the statement read.
TMV emphasized that the removal will enhance Nigeria’s global financial credibility, easing due diligence requirements for Nigerian individuals, businesses, and financial institutions dealing with European counterparts. It will also improve correspondent banking relationships, boost investor confidence, and further integrate Nigeria into the international financial system.
“President Tinubu has, in a short time, tremendously improved Nigeria’s standing in the global business arena,” the group added, noting that his administration has delivered significant reforms across multiple sectors since taking office.
