Compliance Professionals Plc.

16/01/2026

💡 Did you notice a little extra deduction on your bank transactions? Here’s why!

Starting on Monday, January 19, 2026, Nigerian banks will now collect 7.5% VAT on some bank service charges.
Don’t worry, this is NOT on the money you send or receive. It’s only on the fees the bank charges for services like:

Mobile or USSD transfers (*737 #, *919 #)

POS transactions

ATM service fees (where applicable)

Card issuance or replacement

Quick Example:
If your bank charges ₦100 to send money, VAT adds only ₦7.50.

Bank fee: ₦100
VAT: ₦7.50
Total: ₦107.50

✅ The person you send money to still gets the full amount!

Why this matters: The government is standardising tax collection to keep everything clear and fair as digital banking grows.

Have questions about VAT or other tax matters? 📞 Contact CPP for clear answers! Drop a comment here or send us DM.

Share this to save a friend or family member from panic-scrolling bank alerts!

Stay financially fluent. – CPP Team

04/09/2025

Celebrating my 4th year on Facebook. Thank you for your continuing support. I could never have made it without you. 🙏🤗🎉

20/08/2025

🇿🇼 The Davis Cup is almost here, and Team Nigeria has landed! ✈️🔥
Aurum 1 — Michael Emmanuel alongside the team Daniel Adeleye, Abua Canice, and Christopher Bulus are ready to represent Nigeria with pride, power, and passion 🎾💪

Let’s go, guys!!!🇳🇬

20/08/2025

01/08/2025

Update from Zimbabwe! 🇿🇼✨
Biscuit has secured his spot in the finals after an impressive run. He’s been in top form all week, and now it all comes down to the J100 final tomorrow. Looking forward to a good game! 🎾🔥

12/07/2025

Hi Team

25/12/2024

May your Christmas be filled with love, laughter, and moments of pure joy. Let’s embrace the spirit of giving and the promise of a brighter year ahead. Together, we will continue to achieve excellence and drive impact in 2025! ✨🎄

Here’s to a holiday season filled with warmth and a New Year of success and opportunities!

🎅✨ Happy Holidays!

19/12/2024

Cultivating a strong compliance culture begins with leadership setting the tone through their actions and fostering an environment of accountability. By aligning organizational values with ethical practices and encouraging open communication, businesses can strengthen their integrity and minimize risks. How do you ensure compliance is woven into the fabric of your organization? Share your strategies below!

18/12/2024

Boost your business's growth and achieve sustainable success with these expert strategies! 💼

11/12/2024

Risk assessments are systematic tools designed to identify and evaluate potential risks that could impact your organization’s compliance objectives. They enable you to measure the likelihood and impact of these risks, prioritize mitigation efforts, and focus resources where they are needed most.

By conducting thorough risk assessments, your organization can develop robust controls, allocate resources efficiently, and ensure compliance efforts are aligned with the areas of highest risk exposure.

Let us guide you through this critical process—reach out today for more information!

10/12/2024

On this special day, we thank God for your life and the immense blessing you are to the CPP family. Your leadership, dedication, and unwavering commitment to excellence are truly gifts that inspire and uplift us all.

As we celebrate you, we pray for continued wisdom, strength, and guidance in your journey as our GCEO and Managing Partner. May the Lord bless you with good health, joy, and the fulfillment of all your heart's desires according to His will.

May this new year bring even greater achievements, peace, and grace to you and the work of your hands. We are grateful for the opportunity to grow under your leadership and pray for many more years of success and impact.

Happy Birthday! 🎉 May your day be filled with love, laughter, and countless blessings.