Flutterwave, Paga CEOs Hail FATF Exit as Boost for Cross-Border Payments
CEOs of leading fintechs in Nigeria, including Flutterwave and Paga, have welcomed Nigeria's removal from the Financial Action Task Force (FATF) grey list.
The FATF announced that Nigeria, alongside South Africa, Burkina Faso, and Mozambique, had been delisted following significant reforms to combat money laundering and terrorist financing.
Nigeria's exit from the FATF Grey List is a massive win for our economy.
According to Olugbenga Agboola, CEO of Flutterwave, this move will have a significant operational and economic impact.
- Renewed confidence in Nigeria's financial governance
- Transformative moment for the country's financial credibility and global investment outlook
Author's summary: Nigeria's removal from FATF grey list boosts economy.
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