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https://www.cac.gov.ng/
Last activity: 13.09.2024
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DateTitleDescription
13.09.2024The Cost of Mismanagement: NIPOST's Billion-Naira Blunder and Greif's Final CurtainIn the heart of Nigeria's economic landscape, two stories unfold—one of mismanagement and the other of inevitable decline. The House of Representatives is probing a staggering N10 billion spent on two subsidiaries of the Nigeria Postal Serv...
13.09.2024Greif Nigeria Plc advances delisting from NGX, enters final phase of liquidationGreif Nigeria PLC, a manufacturer and marketer of steel drums, is set to enter the third and final phase of its delisting from the Nigerian Exchange (NGX) after resolving outstanding tax liabilities and other debts. The company, which was l...
10.09.2024Reps query Bureau for Public Enterprise over N10 billion spent on registration of two NIPOST subsidiariesThe House of Representatives has asked the Bureau for Public Enterprise (BPE) to account for about N10 billion allegedly spent to register two companies for the Nigeria Postal Service (NIPOST). Rep. Bamidele Salam, Chairman, House Committee...
02.09.2024Nigeria's Dual Battle: Smuggling and Job CreationNigeria stands at a crossroads. On one side, the shadowy world of smuggling looms large, threatening the economy and public health. On the other, a glimmer of hope shines through the commissioning of new job-creating initiatives. These two ...
28.08.2024Federal Government to create 48,000 jobs with commissioning of MSME clinics fashion and ICT Hubs in BenueThe Federal Government of Nigeria has commissioned ultra-modern Micro, Small, and Medium Enterprises (MSMEs) Clinics Fashion, and ICT Hubs in Makurdi, Benue State, stating that it will create 48,000 jobs annually. The commissioning was perf...
24.07.2024Nigeria’s CAC gives 90-day ultimatum for over 91,000 dormant companies to file annual returnsThe Corporate Affairs Commission (CAC) has given over 91,000 dormant companies a 90-day grace period to file all their outstanding annual returns or risk being delisted from its register. These affected companies are those that have not fil...
18.07.2024Navigating legal requirements for small businesses in NigeriaStarting your small business in Nigeria’s vibrant business landscape is exciting. However, to ensure your business’s success and secure foundation, you need to understand the legal requirements governing business establishments in Nigeria p...
13.07.2024LASG disburses N25 billion in loans and grants to SMEs in 6 yearsLagos State Governor, Mr. Babajide Olusola Sanwo-Olu, announced that the state government has disbursed approximately N25 billion in grants and single-digit loans to Small and Medium Enterprises (SMEs) through the Lagos State Employment Tru...
11.07.2024CBN licence revocation: CAC asks 4,173 BDCs to change name or face dissolutionThe Corporate Affairs Commission (CAC) has asked the 4,173 Bureau De Change companies whose licences were recently revoked by the Central Bank of Nigeria (CBN) to change their names within three months. The Commission in a notice issued on ...
26.06.2024House of Reps threaten to sanction MTN, Airtel for failing to honour invitationThe House of Representatives Committee on Corporate Social Responsibility (SCR) has threatened to sanction telecommunications companies, MTN and Airtel for failing to honour their invitation. Rep. Oby Orogbu, the Chairman of the Committee s...
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