An AI-driven platform that automates compliance reporting, fraud detection, and regulation tracking across multiple Nigerian regulatory bodies.
Explore different compliance domains and regulatory requirements
Preventing money laundering and terrorist financing activities
Complying with CBN banking and financial services regulations
Complying with SEC regulations for capital market operations
Implementing proper corporate structures and governance frameworks
Protecting personal data and ensuring privacy compliance
Meeting environmental regulations and sustainability requirements
Meeting financial disclosure and reporting requirements for regulatory bodies
Ensuring workplace safety and occupational health compliance
Meeting NAICOM insurance regulations and solvency requirements
Complying with labor laws and employee rights regulations
Managing pension contributions and compliance with PENCOM
Managing tax obligations and filings with FIRS and state revenue services
Integrated compliance monitoring across all major Nigerian regulatory agencies
Use our AI-powered tool to quickly check your compliance status across multiple regulations
Get answers to common questions about Nigerian regulatory compliance
Yes, compliance requirements vary by business structure. Sole proprietorships have different reporting requirements than limited liability companies. Public listed companies have additional SEC regulations, while financial institutions face stricter CBN oversight.
Regulatory compliance refers to adhering to laws, regulations, guidelines, and specifications relevant to business operations. In Nigeria, it's crucial because non-compliance can result in severe penalties, business closure, legal actions, and reputational damage. Proper compliance ensures business continuity and builds trust with stakeholders.
Penalties vary but can include: monetary fines ranging from ₦50,000 to millions of Naira, business closure or suspension of operations, imprisonment for directors in severe cases, seizure of assets, and blacklisting from government contracts.
The key regulatory bodies depend on your business type and industry. Common ones include: CAC for all registered businesses, FIRS for tax compliance, CBN for financial institutions, NAFDAC for food and drug businesses, NESREA for environmental compliance, and SON for product standards and quality.
Filing frequencies vary by regulatory body: CAC requires annual returns, FIRS requires monthly VAT returns and annual tax filings, CBN requires monthly, quarterly, and annual financial reports, NAFDAC requires annual product registration renewals, and PENCOM requires monthly pension contributions.
You can use our AI-powered compliance checker to assess your current status across multiple regulations. The tool analyzes your business type, industry, and specific operations to provide a comprehensive compliance assessment and identify areas that need attention.
Stay updated with the latest regulatory developments and compliance insights
The (CBN) has formally established a new Compliance Department to enhance supervision of financial-c...
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The Nigerian federal government has urged aviation operators across Africa to adopt transparent fina...
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