Nigeria to Exit Global Anti-Money Laundering Watchdog's Grey List Soon, Says SEC

Nigeria Optimistic of Exiting Dirty-Money Watchlist This Year

Nigeria expects to exit a global dirty-money watchlist this year after passing a new investment law that will allow regulation of cryptocurrencies, the chief of its financial regulator said.

Nigeria to Exit Global Anti-Money Laundering Watchdog's Grey List Soon, Says SEC

Abuja -- The Securities and Exchange Commission has disclosed that the nation may exit the grey list of the global anti-money laundering and financing of terrorism watchdog, Financial Action Task Force (FATF) soon with the inclusion of digital assets regulation in the recently signed Investments and Securities Act 2025 by President Bola Ahmed Tinubu.

Investment and Securities Act 2025 – The New Era of Securities Exchanges – Pavestones Legal

BY SEUN TIMI-KOLEOLU AND OLAWALE ATANDA Investment and Securities Act 2025 – Securities Exchanges Introduction The Investment and Securities Act, 2025 (ISA 2025) represents a significant regulatory development, particularly for those operating in and around digital asset markets including Fintech. In our previous newsletter*, we highlighted the important changes made to the capital market by the ISA 2025. A notable development is the expansion o…

Digital Assets: Nigeria Predicts Exit From Grey List — City Business News

Advertisements The Securities and Exchange Commission (SEC) has predicted that the nation may exit the grey list soon with the inclusion of digital assets regulation in the recently signed Investments and Securities Act 2025 by President Bola Ahmed Tinubu.Director General of the SEC, Dr. Emomotimi Agama who stated this in Abuja explained that the inclusion of digital assets in the ISA 2025, provides the country with an avenue to exit the grey li…

CoinStats - Nigeria’s New Capital Market Laws Officially ...

In Africa’s largest crypto market, Nigeria, virtual assets and investment contracts are formally recognized as securities following the Investment and Securities Act (ISA) 2024, signed into law by President Bola Tinubu.  With the new act signed into law, Nigeria has positioned itself as the digital finance leader in Africa.  Regulatory Clarity After Years of Uncertainty and Tension In a landmark legal shift, Nigerian lawmakers have finally recog…

Nigeria to Quit Financial Action Task Force Grey List

Daniel Adaji   Nigeria is set to be removed from the Financial Action Task Force (FATF) grey list, following legislative reforms that now place digital assets such as cryptocurrencies under formal regulatory oversight.   This development is anchored in the newly enacted Investments and Securities Act (ISA) 2025, which was recently signed into law by President Bola Tinubu as part of efforts to enhance the country’s financial transparency and glob…