Nigeria Compliance

...the investment we put into GRC management may be substantial. But the savings that result from it today ensures that over long run, we save and earn more.

- Abiola Fajimi - CEO/Partner PML Advisory Ltd.

Most Recent

CBN revokes Skye Bank’s operating licence, renames it Polaris Bank

The Central Bank of Nigeria on Friday revoked the operating licence of Skye Bank Plc. Governor of Central Bank, Godwin Emefiele, made the announcement at a press…

PenCom releases N86.7bn to over 275,000 sacked workers

The National Pension Commission said it had released N86.7 billion to sacked workers of various companies who participated in the Contributory Pension Scheme. Acting Director-General, PenCom,…

Automation of the withholding tax system

Federal Inland Revenue Service (FIRS) in its bid to extend the Integrated Tax Administration System (ITAS) initiative to all of its processes, recently indicated its intention to fully automate the…

SON Launches PAM to Check Substandard Products

Posted 2017-12-15 3:45 PM

The Director-General of the Standards Organisation of Nigeria (SON), Osita Aboloma, has said that the agency’s newly introduced Product Authentication Mark (PAM) will raise the patronage of made-in-Nigeria products and boost the country’s economic diversification drive from oil to non-oil sector and check substandard products.

The PAM is a mark of…

CURRENCY OFFENCES ACT

Posted 2017-10-25 11:02 AM

An Act to prohibit certain acts tending to depreciate currency.

CBN revokes Skye Bank’s operating licence, renames it Polaris Bank

Posted 2018-09-22 4:56 AM

The Central Bank of Nigeria on Friday revoked the operating licence of Skye Bank Plc. Governor of Central Bank, Godwin Emefiele, made the announcement at a press briefing in Lagos. He also said a bridge bank known as Polaris Bank had been created to assume the…

PenCom releases N86.7bn to over 275,000 sacked workers

Posted 2018-09-18 11:19 AM

The National Pension Commission said it had released N86.7 billion to sacked workers of various companies who participated in the Contributory Pension Scheme. Acting Director-General, PenCom, Mrs Aisha Dahir-Umar, who disclosed this on Monday in Lagos, said the amount was for the settlement of 275,172 disengaged…

National Drug Law and Enforcement Agency (NDLEA)

The establishment of the National Drug Law Enforcement Agency (NDLEA) by the promulgation of Decree Number 48 of 1989, now Act of Parliament, was aimed at exterminating illicit drug trafficking and consumption in the Nigerian society. It is a well-known fact that any involvement in drugs, especially…

National Agency for Food and Drug (NAFDAC)

The National Agency for Food and Drug Administration and Control (NAFDAC) is a Nigerian federal agency under the Federal Ministry of Health that is responsible for regulating and controlling the manufacture, importation, exportation, advertisement, distribution, sale and use of food, drugs, cosmetics, medical devices, chemicals and packaged…

Construction and Real Estates

This industry is one which is concerned with the preparation and construction of real estate properties. The repairing of any existing building or making certain alterations in the same also comes under this sector. This sector also includes companies mainly engaged in the construction of buildings which include the construction…

Information & Communications Technology

Information & Communications Technology (ICT) consists of all technical means used in handling information and aiding communication. This sector consists of Information Technology (IT) as well as telephony, and stresses the role of unified communications and the integration of telecommunications, intelligent management systems, and audio-visual systems in modern information technology.…

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