Nigerian Data Protection Regulation (NDPR)
With Youverify's AML compliance and fraud prevention solutions, businesses in Nigeria can seamlessly verify customers and businesses, detect fraud and monitor transactions in real time. Our AI-driven Unified Fraud Risk and Anti-Money Laundering platform ensures easy AML compliance while protecting your operations from financial crime.
Companies are mandated to perform proper KYC for full cycle compliance when onboarding customers or risk getting sanctioned by regulatory bodies. Regulating bodies include:
Nigerian Data Protection Regulation (NDPR)
Central Bank of Nigeria (CBN) AML/CFT Guidelines
Corporate Affairs Commission (CAC) Requirements
Nigeria remains one of the key KYC/AML jurisdictions in West Africa and Africa as a continent and is a part of the Financial Action Task Force (FATF). The Money Laundering (Prohibition) Act 2011 governs KYC/AML operations.
Stay Compliant with Youverify
Our comprehensive compliance platform ensures your business meets all essential requirements while maintaining operational efficiency across the Nigerian market.
Verify CAC-registered businesses, directors, and UBOs in real time
Automate NDIC-compliant KYC for banks and fintechs.
Detect shell companies, PEPs, and politically connected entities.
Flag synthetic identities during onboarding.
Monitor high-risk transactions for AML reporting to CBN.
Encrypt data to meet NDPR requirements.
Ready-to-deploy workflows for CBN, FIC Act, FinCEN, and more.
Auto-updated PEPs, sanctions, and adverse media databases.
SOC 2, ISO 27001, GDPR, and local certifications (NDPR, POPIA,)
Customer & Business Onboarding, Fraud & Risk Insights, and Transaction Monitoring—for seamless local compliance.
See how Youverify optimizes customer and business onboarding for speed, security, and compliance.