Precise Financial Systems

A Celebration of 25 Years of Innovation

On May 14, 2019, Precise Financial Systems Ltd. threw a party to celebrate 25 years of breaking barriers in software development. From July 1992, when it got registered as PEE-AARR Consulting Limited to when it changed its corporate name in May 1998 to PFS .

Board Members



A rare gem in many perspectives of human endeavour.  A Fellow of the Institute of Chartered Accountants of Nigeria, Association of Chartered Certified Accountants U.K. and Associate member of Nigeria Chartered Institute of Taxation.  A Professional Accountant of great repute, he got to the pinnacle of his profession by being appointed the President of The Institute of Chartered Accountants of Nigeria (ICAN) for 1995/1996.

For the treasure of his international training and exposure, his involvement in the sector is remarkable.  Currently, he serves as Chairman or member of the Board of some Public Quoted Limited Liability Companies (PLC) and Private Limited Liability Companies including Academy Press Plc and Smurfit Nigeria Plc.

He is a perfect symbol of what a man of substance should be.  He was instituted into an Holy Order of Knighthood by the Lord Bishop of Ondo Diocese, Church of Nigeria (Anglican Communion) and installed as the Grand Commander of the Order of Knight of Saint Christopher.  His commitment to business, humanity and God is worthy of emulation by all that thrive for excellence.


CEO & Managing Director

Yele Okeremi is the Founding and incumbent Chief Executive Officer of Precise Financial Systems Ltd (PFS), an indigenous software company through which he has championed indigenous contents and digital changes in the software industry as well as the financial sector.

Before PFS, Okeremi had a successful professional career starting at Inlaks Computers. He then moved to Industrial Bank Limited (Merchant Bankers) as a Programmer/Analyst where he rose to become the Chief Information Officer of the bank before leaving for Ventura Savings and Loans Limited as the Head of Systems and Logistics department.

A former board member of the National Information Technology Development Agency (NITDA), Okeremi is also a Microsoft Certified Systems Engineer and a member of the Presidential Initiative for developing the software industry in Nigeria. 


Deputy Managing Director

A Chartered Accountant with over sixteen years of experience, Mr, Ayeni had a stint with Republic Bank (Nigeria) Limited before he moved to Industrial Bank Limited (Merchant Bankers) where he was Head of Systems Control Unit (an integral part of the Internal Audit department).


Prior to this period, he had several years of challenging opportunities in firms of Chartered Accountants. He was the Head of Internal Control at Ventura Savings and Loans Limited, a position he held until his appointment in PFS.


Chief Technical Officer & Executive Director

Seyi has been building high profile business software for over 13 years while serving in diverse capacities in the software development business. He is the figure behind the outstanding reputation of the company in the Nigerian software industry.

He is a Microsoft Certified Solution Developer (MCSD), Microsoft Certified Application Developer (MCAD), and Microsoft Certified Professional (MCP). He holds a Bachelor of Science degree in Agricultural Engineering and a Post Graduate Diploma in Computer Science and is currently pursuing his Masters in Computer Science in the University of Lagos (UNILAG). He is an alumnus of the J. Mack Robinson College of Business at Georgia State University, Atlanta, USA.




A Chartered Engineer and a member of the Nigerian Society of Engineers, he is a renowned Civil Engineer of international repute. He was Commissioner for Agriculture and Commissioner for Finance at various times in the old Oyo State. He was also a member of the Constituent Assembly in 1990.


He is also the Chairman, Chief Executive of UNIK Engineers Limited, a firm of Civil and Structural Engineers.



Mr. Famoriyo graduated in Economics at the University of Ife (now Obafemi Awolowo University), Ile-Ife. He is a Fellow of both the Chartered Institute of Management Accountants (FCMA) and the Institute of Chartered Accountants of Nigeria (FCA).


He was at various times Financial Controller in various organisations including Icon Limited (Merchant Bankers), Industrial Bank Limited (Merchant Bankers) and Shell Petroleum Development Company.


Along with his expertise as a professional Accountant and a Banker, he combines a high degree of innovativeness in the application of computer technology to banking operations. He is currently the Managing Partner of an independent Consulting Firm.

our clients