QUEEN CAMILLA'S RARE CONFESSION ABOUT PRIVATE DUTIES WITH 10 GRANDKIDS. (PHOTO).

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 Queen Camilla's rare confession about private duties with 10 grandkids Away from the public spotlight, Queen Camilla embraces her role as grandmother to ten grandchildren, balancing her royal duties with family life. She shares two children, Tom and Laura, with her former husband Andrew Parker-Bowles, and together they have five grandchildren: Lola, Freddy, Eliza, Louis, and Gus.  Through her marriage to King Charles, she also has five step-grandchildren Prince George, Princess Charlotte, Prince Louis, Prince Archie, and Princess Lilibet.  Despite her preference for keeping her private life separate, Camilla recently opened up about her passion for reading and her desire to pass that love down to future generations. During a visit to St Mungo’s in South East London, Camilla spoke about the importance of introducing children to books early, sharing how she reads to her youngest granddaughter.  The Queen’s Reading Room, her charity, has partnered with St Mungo’s to pr...
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NIGERIA COMPLETES 30% ACTION PLAN TO EXIT FATF GREY LIST. (PHOTO).

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 Nigeria completes 30% action plan to exit FATF grey list


Nigeria has moved closer to exiting the Financial Action Task Force’s (FATF) grey list.

This connotes that Nigeria has increased monitoring of identified deficiencies in combating money laundering, terrorist financing, and proliferation financing.

According to a statement released by the Nigerian Financial Intelligence Unit (NFIU), “Nigeria has completed 30% of the Action Plan developed as part of the greylisting process.”

This progress report was well-received by the FATF, resulting in the approval of Nigeria’s third Progress Report at the June 2024 FATF Plenary meeting in Singapore.

The FATF further acknowledged Nigeria’s efforts by granting two upgrades in this round. These positive developments suggest Nigeria is on track to exit the grey list in early 2025, as initially targeted.

The statement noted that the NFIU Chief Executive Officer, Ms. Hafsat Abubakar Bakari, participated in the plenary meeting. 

As the current Chair of the Technical Commission of the Intergovernmental Action Group Against Money Laundering in West Africa (GIABA), Ms. Bakari reaffirmed Nigeria’s commitment to fully implementing the Action Plan.  She also provided updates on GIABA’s progress in strengthening its technical capacity to combat financial crimes.

The FATF grey list serves as a monitoring mechanism for countries with strategic deficiencies in their Anti-Money Laundering/Counter-Financing of Terrorism (AML/CFT) regimes.  Inclusion on this list prompts countries to address these deficiencies within a specified timeframe.

The presence of high-level representatives from Nigeria, including the heads of the Economic and Financial Crimes Commission (EFCC) and the Special Control Unit against Money Laundering (SCUML), underlines the government’s commitment to tackling financial crimes and achieving a more robust AML/CFT framework.

Nigeria’s progress report approval and positive feedback from the FATF are encouraging signs.  Continued implementation of the Action Plan is crucial for exiting the grey list by early 2025.  This will demonstrate Nigeria’s dedication to financial transparency and a more secure financial system.

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