12/01/2026
EVERYTHING YOU NEED TO KNOW ABOUT SCUML CERTIFICATE.ππ
SCUML stands for Special Control Unit Against Money Laundering.
Itβs a unit under the Economic and Financial Crimes Commission (EFCC) in Nigeria, and its main role is to regulate and monitor the financial activities of certain businesses to prevent money laundering and terrorism financing.
Who needs a SCUML Certificate?
Businesses and organizations classified as Designated Non-Financial Institutions (DNFIs), such as:
- NGOs & Foundations
- AUDIT FIRMS
-CARS AND VEHICLES
-CHARTERED ACCOUNTANTS O
-CLEARING AND
SETTLEMENTS COMPANIES
-CONSTRUCTION COMPANY
-CONSULTANTS AND
CONSULTING COMPANY
-DEALERS IN JEWELRIES AND
LUXURY
-DEALERS IN REAL ESTATE
-ESTATE SURVEYORS AND
VALUERS
-HOTELS AND HOSPITALITY
-LEGAL PRACTITIONERS
-MECHANISED FARMING
-DEALERS IN JEWELRIES AND
LUXURY
-DEALERS IN REAL ESTATE
-ESTATE SURVEYORS AND
VALUERS
-HOTELS AND HOSPITALITY
-LEGAL PRACTITIONERS
-MECHANISED FARMING
-MORTGAGE BROKERS
-POOL, BETTING, LOTTERY
AND CASINO
-PRECIOUS STONE AND
METALS
-SUPERMARKET
-TAX CONSULTANTS
-TRUST AND COMPANY
SERVICE
Why is SCUML Important?
- It's legally required under the Money Laundering (Prohibition) Act.
- Most banks now demand it before opening or continuing corporate accounts.
- It helps your business stay compliant and trusted by financial institutions and regulators.
In short: If your business is listed under DNFIs, you MUST have SCUML to operate legally and avoid banking or legal issues.
Let me know if you want help with the registration.
DM FOR YOUR SCUML CERTIFICATE