The Financial Action Task Force (FATF) has removed Nigeria from its list of countries that refuse to co-operate in its campaign to combat money laundering.
The decision is based, we are told, on the progress that Nigeria has made in implementing anti-money laundering reforms, including the establishment of a financial intelligence unit and in launching money laundering investigations, initiating prosecutions and securing convictions.
Of the 23 jurisdictions designated as non-cooperative countries and territories in 2000 and 2001, only one now remains. Can anyone guess which country it is?