Three quick questions to indicate whether your business is likely required to register with the Special Control Unit Against Money Laundering (SCUML). Takes under a minute.
This is general guidance only, not legal advice, and does not cover every category or circumstance. Always confirm your status with SCUML directly at scuml.efcc.gov.ng or with a qualified professional.
Tick mentally: if any one applies, answer Yes:
Banks and institutions regulated by the CBN, SEC, or NAICOM fall under those regulators' AML supervision rather than SCUML, which covers Designated Non-Financial Businesses and Professions (DNFBPs) and Non-Profit Organisations (NPOs). Your AML obligations still apply, through your primary regulator.
Need clarity on where your business stands across compliance obligations more broadly?
Book a Business Infrastructure Diagnostic Read our compliance insightsBusinesses operating in the sectors you indicated are typically classified as Designated Non-Financial Businesses and Professions (DNFBPs) or Non-Profit Organisations (NPOs) under Nigeria's AML framework, and are required to register with SCUML and file ongoing compliance reports.
SCUML has warned that anyone advertising paid SCUML registration is not an authorised agent. Never pay a third party for the certificate itself.
Registration is the easy part. Maintaining the ongoing reporting obligations cleanly, on time, every month. That is exactly what SME360 manages.
Book a Business Infrastructure Diagnostic Read the full SCUML guideBased on your responses, your business does not appear to operate in a commonly designated sector. However, because you indicated that you regularly handle or facilitate cash or high-value transactions, your business may still fall within SCUML's scope.
Book an SME360 Business Infrastructure Diagnostic for a tailored compliance assessment, or read our SCUML guide to understand the requirements.
Book a Business Infrastructure Diagnostic Read the SCUML guideBased on your responses, your business does not currently appear to fall within the categories of Designated Non-Financial Businesses and Professions (DNFBPs) or Non-Profit Organisations (NPOs) that are required to register with SCUML.
SCUML is one layer of compliance. A Business Infrastructure Diagnostic gives you a clear picture of every obligation that applies to your business right now, and flags what to watch as you grow.
Book a Business Infrastructure Diagnostic Read our compliance insights