Naija and South Africa Don Free From EU High-Risk List!

Wahala don reduce! Naija and South Africa don waka comot for European Union high-risk list wey dey caused koro-koro for financial transactions.

As we dey talk, EU don confirm say dem remove South Africa and five other African countries from di high-risk jurisdictions wey dey face more scrutiny for dem banking wahala. E be like say dem see say South Africa don ginger dem anti-money laundering efforts well.

Last year, South Africa join di greylist wey be the Financial Action Task Force (FATF) list. But, as dem don scrubbed dem from di greylist by October 2025, e automatically mean say di EU sef need to gree dem back.

Dis move wey happen on January 13, 2026, go make things easier for trade, investment and financial dealings between SA and EU. Now, dem no go go stress dem with plenty regulations.

Dr. Doris Uzoka-Anite, di Minister of State for Finance for Nigeria, don shout ‘big win for Naija’ as di gist drop. She dey’use dis opportunity to hallelujah di efforts wey government don put for ground to remove our name from di high-risk list.

Naija don dey fresh again after dem implement tighter steps for how money dey waka, and e don pay off. Dis means say investors fit relax small. Wetin dem talk? ‘Easy dey go’, and we go dey expect higher investments, as compliance costs go drop.

But come hear dis small gist o, even with di good news, di National Treasury still dey warn say dem still get work to do to totally clean house. Dem talk say more dey needed to prevent bad guys from enjoying free access.

Di delisting go officially take effect on January 29, 2026. E go change di vibe for how Naija dey do business with di EU, plus e fit help us balance up if we lose some trade benefits with di US.

Five other countries like Burkina Faso, Mali, Mozambique, and Tanzania don join di party too! E mean say dem don follow Naija and South Africa out of TikTok wahala.

As we dey enter 2026, one thing dey clear: we go need to keep pressing for better integrity and all di naira wey dey for this economy. E fit still be a long road, but we dey see light at di end of di tunnel.