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Tag: CAC

CAC registers 330,000 small enterprises
Business

CAC extends deadline for filing annual reports to April

The Corporate Affairs Commission has approved an extension of time for corporations to file annual returns, moving the deadline from January 1, 2024 to April 1, 2024. This was revealed in a message obtained on the commission’s official X feed on Thursday, December 28, 2023. Earlier in November, the commission said that it will remove 91,843 […]

CAC to delete inactive companies in 90 days
Business

CAC to delist 91,843 businesses over violation

The Corporate Affairs Commission plans to remove 91,843 companies from its register for failing to file annual returns. Nairametrics reported that the commission submitted the names of 91,843 companies for delisting in a list that was made available on its website. This is 2,738 less names of companies than the 94,581 names it released in August. Additionally, […]

CAC uncovers 189 fraudulent companies
News

CAC uncovers 189 fraudulent companies

    Bisola David The Corporate Affairs Commission has uncovered 189 fake companies used to secure land allocations in the Federal Capital Territory. The CAC Registrar General, Hussaini Magaji, stated this during a press conference on Tuesday in Abuja. He explained that the discovery of a non-existent company led him to investigate further, resulting in […]

CAC registers 330,000 small enterprises
News

CAC to delete 100,000 firms from register

A total of 100,000 registered firms will soon be removed from the Corporate Affairs Commission’s database, the organization has said. The CAC’s Registrar-General/CEO, Alhaji Garba Abubakar, announced this in Lagos while addressing a Training Workshop on the Use of the Beneficial Ownership Register. He claimed that the businesses that will be erased have not submitted annual returns […]

The Nigerian Bar Association Section on Business Law has advocated for increased engagement with the Corporate Affairs Commission to help the Nigerian economy.
Business

NBA seeks improved CAC partnership to boost economy

The Nigerian Bar Association Section on Business Law has advocated for increased engagement with the Corporate Affairs Commission to help the Nigerian economy. This was stated by the Chairman of the Governing Board of the NBA-SBL, Dr. Adeoye Adefulu,in a statement made by the Head of Media for CAC, Rasheed Mahe, on Sunday in Abuja. Speaking at the 17th […]

Business featured

FG mandates NIN for business registration

The federal government has announced that Nigerians wouldn’t be able to start businesses without the National Identification Number. Alhaji Garba Abubakar, the registrar of the Corporate Affairs Commission, made this announcement on Monday in Abuja at the monthly reform seminar hosted by the Bureau of Public Service Reform. He stated that it is crucial to […]

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