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Business

CAC Issues Fresh Guidelines For Banking Sector Recapitalisation

The Corporate Affairs Commission on Friday issued fresh guidelines to assist Deposit Money Banks in the ongoing recapitalisation.The commission said this in a statement...

Business

CAC to delist Chisco Transport, Zenon, Eko paragon refinery, 100k others for inactivity (Full List)

No fewer than 100,00 companies will soon be deleted by the Corporate Affairs Commission (CAC) for not filing their annual reports in 10 years...

Business

As deadline elapses, CAC extends registration period for PoS operators

As the deadline of July 7, 2024 issued by the Corporate Affairs Commission (CAC) to Point of Sales (PoS) operators in Nigeria to register...

Business

PoS operators slam CAC, say directive on mandatory registration a ploy to tax Nigerians

The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has slammed the federal government over the recently mandatory registration of Point of...

Business

CYBERSECURITY LEVY: Nigerians to pay more for POS transactions; operators kick against CAC registration

Going by directives from the Central Bank of Nigeria (CBN) based on the cybersecurity levy, for PoS operators to register their agents, merchants, and...

Business

CBN gives deadline for PoS operators to register with CAC

In a bid to protect the businesses of Fintech’s customers and strengthening the economy, the Central Bank Of Nigeria (CBN) has issued a July...

Business

Glitches In registration portal force CAC to extend deadline for companies to file annual returns

Glitches experienced in the Corporate Affairs Commission’s (CAC) Company Registration Portal have forced the commission to extend the deadline for the commencement of penalties...

Business

CAC Makes U-Turn, Suspends Plan To Increase Minimum Paid-Up Capital Requirement Of Foreign Companies To N100m

The Corporate Affairs Commission (CAC) has suspended the new minimum paid-up capital requirement for companies with foreign participation.The decision, announced on Friday via X,...

Business

CAC Uncovers Cartel Using 189 Fake Companies To Secure Land Allocation In FCT

The Corporate Affairs Commission (CAC) has discovered 189 fake companies used for land allocations in the Federal Capital Territory.This was revealed on Tuesday at...

Politics

Tinubu appoints new heads for CAC, SON, NADDC, others to boost trade and investment

President Bola Tinubu has approved the appointment of new Chief Executive Officers of several agencies and parastatals under the Federal Ministry of Industry, Trade...

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