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Business

CAC Plans Major Restructuring To Enhance Compliance, Service Delivery

The Corporate Affairs Commission (CAC) has said it is planning a major restructuring of offices to enhance compliance and deliver better services to customers.The...

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 Gives BDCs 90 Days To Withdraw Certificates After CBN’s Revocation Of Licence

The Corporates Affairs Commission (CAC) has issued a three-month ultimatum to Bureau de Change operators asking them to change their names and objects or...

Business

POS Operators Not Registered With CAC To Lose Operational License On July 7, 2024

Point of Sales (PoS) operators may lose operational licenses by July 7, 2024, over incomplete registration with the Corporate Affairs Corporation (CAC).The directive issued...

Business

Corporate Affairs to delist over 91,843 firms over infractions

The commission in a list published on its website, listed 91,843 companies for delisting (2,738 less than the 94,581 it initially published in August).Earlier...

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,...

News

CAC uncovers 189 fake companies

According to the commission, the companies were registered by fraudulent lawyers, in collaboration with unscrupulous staff of the commission to deprive government of revenues.The...

Business

NNPC Limited Shops For Lead Insurance Company For Oil Assets, Liabilities

The Nigerian National Petroleum Company Limited is shopping for lead insurance company for its oil assets and liabilities for the 2024/2025 period.The national oil...

Business

PenCom Reports ASSOPEP To Security Agencies For ‘False’ Claims Of Processing Retirement Benefits

Nigeria’s pension industry regulator has warned industry players of the ‘illicit’ activities of the Association of Pension Desk Practitioners of Nigeria (ASSOPEP).The National Pension...

Business

CAC Boss Expresses Concern Over Proliferation Of Association Seeking Medical Science Registration

The Registrar General and Chief Executive Officer of the Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has expressed concern over the proliferation of associations...

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