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Home News EU Formally Removes Nigeria from High-Risk Financial Jurisdictions

EU Formally Removes Nigeria from High-Risk Financial Jurisdictions

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The European Union has delisted Nigeria from its list of high-risk third countries for anti-money laundering (AML) and countering the financing of terrorism (CFT), following regulatory reforms and enhanced supervisory measures.

The delisting is expected to reduce “enhanced due diligence” friction for Nigeria–EU financial flows, with potential benefits for trade finance access and cross-border transaction efficiency.

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Echotitbits take: This is a material ease-of-doing-business tailwind. Over time, it should lower transaction costs for importers and improve the attractiveness of Nigeria-facing corridors for European banks and investors.

Source: Finance – https://finance.gov.ng/nigeria-welcomes-european-commissions-removal-of-the-country-from-eu-aml-cft-high-risk-list/ (January 17, 2026)

Photo Credit: Finance

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