List of Businesses That Require a SCUML Certificate in Nigeria
If you run a business in Nigeria that deals with money, assets, property, or financial transactions, you are legally required to obtain a SCUML Certificate.
SCUML (Special Control Unit Against Money Laundering) is a regulatory body under the Economic and Financial Crimes Commission (EFCC). Its role is to monitor businesses that are vulnerable to money laundering, fraud, and terrorism financing.
Without a SCUML certificate, many banks will not open a corporate account, and payment platforms will reject your business.
Why SCUML Is Important
SCUML registration is mandatory for businesses that:
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Handle large cash transactions
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Manage assets or properties
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Offer financial or legal services
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Deal with high-value goods
Banks, fintech platforms, and payment gateways now require SCUML clearance before activating corporate accounts.
List of Businesses That Must Register with SCUML
If your business falls under any of the categories below, you must obtain a SCUML certificate in Nigeria:
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Dealers in Jewellery
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Car Dealers and Dealers in Luxury Goods
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Audit Firms and Tax Consultants
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Clearing and Settlement Companies
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Supermarkets
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Casinos, Pool Betting, and Lottery Businesses
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Law Firms, Notaries, and Legal Practitioners
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Accountants and Accounting Firms
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Trust and Company Service Providers
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Estate Surveyors and Valuers
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Dealers in Precious Stones and Metals
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Construction Companies
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Consultancy Firms
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Hospitality Industry (Hotels, Short-lets, Event Centres)
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Real Estate Agents, Estate Developers, and Brokers
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Mortgage Brokers
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Dealers in Mechanised Farming Equipment and Machinery
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Mechanised Farming Practitioners
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Importers and Exporters
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NGOs and Charitable Organisations
If your business is in any of these categories, operating without SCUML is a compliance risk.
What Happens If You Don’t Have SCUML?
Without a SCUML certificate, you may face:
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Bank account rejections
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Frozen or restricted corporate accounts
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Rejected international payments
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Compliance issues with EFCC
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Business disruptions
SCUML is now required by banks such as GTBank, Zenith, Access, UBA, Moniepoint, Paystack, Flutterwave, and others.
How Ikons Connect Helps You Get SCUML Easily
Ikons Connect handles your SCUML registration from start to finish.
We assist with:
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Online SCUML registration
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Document preparation
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EFCC compliance filing
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Certificate processing
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Bank-ready approval
You don’t need to visit EFCC or struggle with the portal.
Documents Required for SCUML Registration
To apply, you need:
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CAC Certificate
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Memorandum & Articles of Association
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Business address
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Directors’ details
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Valid ID of business owners
We guide you through everything.
Get Your SCUML Certificate Now
If you operate in any regulated industry, SCUML is not optional—it is mandatory.
Let Ikons Connect help you register quickly and correctly.
📞 Call/WhatsApp: 08167899660
🌐 Website: www.ikonsconnect.com