SCUML Portal Reporting Becomes Mandatory From 1 Jan 2026: What Dnfbps Must Know
The Special Control Unit Against Money Laundering (SCUML) has issued an important directive that will significantly affect compliance reporting obligations for Designated Non-Financial Businesses and Professions (DNFBPs) in Nigeria. Effective 1 January 2026, SCUML will no longer accept Currency Transaction Reports (CTRs) and Cross-Border Transaction Reports (CBTRs) submitted via email. All reports must be submitted […]
Cac Strike-off: What Business Owners Need To Know Before 13 October 2026.
OUR COMPANY MAY BE REGISTERED WITH CAC — BUT IS IT STILL IN GOOD STANDING? The Corporate Affairs Commission (CAC) has issued a public notice of its intention to strike off 100,000 companies from the Register in Batch 6, pursuant to Section 692(3) and (4) of the Companies and Allied Matters Act (CAMA) 2020. The […]
Business Name or Limited Liability Company: Which Should you Register First in Nigeria
If you are a business owner looking forward to legally starting a business in Nigeria, one of the first steps you will be advised to take is to register your business with the Corporate Affairs Commission (CAC).
BUSINESS NAME OR LIMITED LIABILITY COMPANY: WHICH SHOULD YOU REGISTER FIRST IN NIGERIA?
If you are a business owner looking forward to legally starting a business in Nigeria, one of the first steps you will be advised to take is to register your business with the Corporate Affairs Commission (CAC). However, many business owners approach registration as nothing more than a box to tick. They focus on obtaining […]
Understanding ISO Certification: Why and How to Purchase It for Your Business
Money laundering is a serious financial crime that threatens economic stability, fuels corruption, and funds criminal activities like terrorism and drug trafficking.
Business Permits for Waste Management in Nigeria: A Step-by-Step Guide to Legal Compliance
Nigeria, Africa’s most populous country, generates over 32 million tonnes of solid waste annually, yet only a fraction is properly collected and managed. This presents both a pressing challenge and a huge opportunity for entrepreneurs in the waste management sector.
How to Obtain an NSCDC License for Your Security Company in Nigeria: Step-by-Step Guide
Money laundering is a serious financial crime that threatens economic stability, fuels corruption, and funds criminal activities like terrorism and drug trafficking.
Mining Licenses in Nigeria: A Complete Guide to Types, Application, Costs, Legal Framework, and Sustainability
Money laundering is a serious financial crime that threatens economic stability, fuels corruption, and funds criminal activities like terrorism and drug trafficking.
SCUML: General Overview and Guardian Against Money Laundering in Nigeria
Nigeria, Africa’s most populous country, generates over 32 million tonnes of solid waste annually, yet only a fraction is properly collected and managed. This presents both a pressing challenge and a huge opportunity for entrepreneurs in the waste management sector.
