Managing Financial Disclosures & Anti-Retaliation in Nigeria

This course is the second in a two-part Nigerian compliance series, specifically designed for managers, compliance officers, and governance professionals who bear direct responsibility for receiving, managing, and escalating financial disclosures. Building on foundational awareness, it equips participants with the technical knowledge and procedural confidence to administer whistleblowing programmes that meet Nigeria's regulatory expectations, including those established by the Federal Ministry of Finance Whistleblowing Policy, the Securities and Exchange Commission (SEC) Corporate Governance Code, and the Central Bank of Nigeria (CBN) Code of Corporate Governance for Banks and Other Financial Institutions.

Participants will examine the legal architecture underpinning protected disclosures in Nigeria, the obligations of designated managers and compliance functions when a report is received, and the specific anti-retaliation duties that attach to organisations and individuals in positions of authority. The course draws on the provisions of relevant legislation, including the Federal Inland Revenue Service (Establishment) Act, the Corrupt Practices and Other Related Offences Act, and the Economic and Financial Crimes Commission (Establishment) Act, situating the Ministry of Finance Whistleblowing Policy within that broader legislative ecosystem.

Through scenario-based lessons, structured checklists, and assessment questions, this course prepares compliance teams to design robust internal channels, conduct fair and confidential investigations, protect disclosers from detriment, and report outcomes accurately to regulators such as the SEC, CBN, Financial Reporting Council of Nigeria (FRCN), and the EFCC. Completion of this course satisfies continuing professional development requirements aligned with the FRCN's expectations for governance practitioners operating in Nigeria's financial sector.