Nigeria was rated 16th most vulnerable country in money laundering and terrorist financing out of 126 countries in 2018 Basel Anti-Money Laundering (AML) Index.
This shows the country is still struggling in its efforts to combat money laundering and terrorist financing. Nigeria did not record significant increase in the 2018 AML Index compared to 2017 report in which the country was ranked 33rd out of 146 countries/territories.
