Comply or Pay the Price: Adapting to Nigeria’s Financial Compliance Shift
Nigeria’s financial compliance framework is rapidly evolving with the 2024 Guidelines from the Nigerian Financial Intelligence Unit and new Regulations from the Economic and Financial Crimes Commission.
11 March 2025
Nigeria’s FATF Grey Listing: 2025 Deadline and Business Impact
Nigeria’s placement on the Financial Action Task Force (FATF) Grey List in 2023 flagged deficiencies in its Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and Counter-Proliferation Financing frameworks.
6 January 2025
SEC Further Tightens Rules on Digital Assets with New Amendments
In wrapping up an undeniably eventful year for the digital asset ecosystem in Nigeria, the Securities and Exchange Commission (SEC) has further tightened the rules applicable to virtual asset service providers (VASPs).