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Nigeria was placed on the FATF’s grey list due to rising capital inflows and shortcomings in combating money laundering, terrorism, and arms financing. The Presidency will take concrete steps to remove Nigeria from the grey list of the global Financial Action Task Force (FATF), before the May 2025 deadline.Femi Gbajabiamila, the Chief of Staff to the President, gave the assurance during a fact-finding visit to the office of the Nigerian Financial Intelligence Unit (NFIU) in Abuja on Tuesday. Gbajabiamila pledged that the Federal Government would address the deficiencies that led to Nigeria’s l…

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