Adeola Adesanya
Director

ADEOLA ADESANYA.

Adeola Adesanya is a pioneer member and currently an Executive Director/Partner at PML. He serves as a key member of the technical team. He has about 14 years experience in providing accounting services, International Financial Reporting Standards implementation and other financial advisory services to clients; and serving the growing PML’s clientele. He currently oversees the deployment of specialized software – GRC, accounting and HR software, accounting service and HR outsourcing functions of the company.

He ensures quality assurance in software deployment and accounting service functions. He has been involved in Financial Due Diligence projects and review of Internal Audit practice for financial institutions. An Accounting and business software facilitator. Adeola enjoy engaging in business and economic analysis.

Prior to joining PML Advisory, he worked at BGL Plc in Financial Control and Investment Management department. Adeola has experience in financial and regulatory reporting, review of management account for the purpose of audit preparation, portfolio and bank reconciliation, management of corporate and high net worth individuals’ portfolio, team player in market making activities.
Adeola holds an MBA in Management from Edinburgh Business School, Heriot-Watt University, United Kingdom and Bachelor of Science degree in Business Administration from University of Lagos.

He is an associate member of the Institute of Chartered Accountants of Nigeria (ICAN) and Chartered Institute of Taxation of Nigeria (CITN). A certified Sage 200 evolution and Sage 300 implementer. He is also certified in Sage 300 People HR and Payroll software.

Meet the other team members

Adeola Adesanya

NOTIFICATION OF CHANGE OF PARTICULARS
When Do You Need to File a Notification?
Life and business move fast. You must notify the tax authorities if any of the
following occur:
For Individuals
Change of Name: Usually due to marriage or legal deed poll.
Change of Address: Moving your primary residence (this may affect which
State Internal Revenue Service you pay your PAYE or personal income tax
to).
Change of Employment: Transitioning from an employee (PAYE) to a
self-employed person or business owner.
Contact Information: Updates to your phone number or the email address
linked to your NIN/TIN.
Change in Business Name: If the company rebrands or changes its
registered name with the CAC.
Change in Registered Office: Moving the physical headquarters or principal
place of business.

Changes in Directorship: When directors resign or new ones are appointed.

Nature of Business: If a company shifts from, for example, "General
Contracts" to "Oil and Gas Services" (this often changes the tax rate or
applicable incentives). -
Cessation of Business: If the business stops operating entirely, you must
notify the NRS to prevent continuous "Best of Judgment" (BOJ)
assessments.

  1. Why It Matters
    Failing to update your records is more than a clerical error; it carries real-world
    consequences: - - - -
    Invalid Tax Clearance Certificates (TCC): If your records on the NRS portal
    don't match your current CAC status, your TCC application will likely be
    rejected.
    Missed Legal Notices: The law considers a notice "served" if it is sent to
    your last known address on file. If you’ve moved and don't receive an audit
    notice, the NRS can proceed with legal action in your absence.
    Penalty Accumulation: In the case of business cessation, if you don't
    officially notify the NRS that you've closed, they will assume you are still
    earning income and continue to charge late filing penalties.
    Bank Account Freezes: With the 2026 integration of NIN-TIN-BVN,
    discrepancies in your data across different agencies can trigger automated
    "Red Flags," leading to temporary restrictions on your bank accounts.
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