Babajide Olanipekun

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Babajide Olanipekun
Senior Associate, IT and Specialized Software

Babajide Olanipekun

Babajide Olanipekun is a seasoned professional with over 9 years of expertise in the implementation of Governance, Risk, and Compliance (GRC) software, Payroll and HR software, integration with robotics using REST API, and proficiency in IT Audit, IT General, and Applications controls.

Babajide is a proud graduate of the National Open University of Nigeria, where he honed the foundational skills that have propelled his successful career. Committed to academic excellence, he pursued and attained a master’s degree in Information Technology from the prestigious University of Lagos.

Throughout his career, Babajide has demonstrated a profound understanding of GRC methodologies, showcasing his ability to implement and optimize software solutions that enhance organizational efficiency and compliance. His proficiency extends to the seamless integration of software with robotics through REST API, reflecting his commitment to staying at the forefront of technological advancements.

Babajide’s expertise in Payroll and HR software implementation has been instrumental in streamlining human resource processes for enhanced productivity and employee satisfaction. His thorough knowledge of IT Audit, as well as IT General and Applications controls, underscores his commitment to maintaining the highest standards of security and regulatory compliance in the ever-evolving landscape of information technology.

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Babajide Olanipekun

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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