CAC
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economy
Registration: Ambassador hails CAC for deadline extension for startups, POS owners
Michael Nwabufo (aka Mike Premium), Brand Ambassador, Corporate Affairs Commission (CAC), has lauded the commission for the extension of July 7 deadline for registration of small businesses and Point-of-Sales (POS) owners. Nwabufo, a talent and brand manager, in an interview with the News Agency of Nigeria (NAN) on Sunday in Lagos, said that the CAC extension of deadline remained a…
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Featured
CAC Registration Deadline: Ambassador urges POS agents, small businesses to avoid delay
Michael Nwabufo (aka Mike Premium), the Ambassador for the Corporate Affairs Commission (CAC), on Tuesday urged Point of Sales (POS) agents and small business to avoid delay in meeting the July 7 deadline for CAC registration. Nwabufo, a talent and brand manager, made the appeal in a statement in Lagos on Tuesday. He said that business owners must steer clear…
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economy
CAC, insolvency assoc. strengthen ties to boost service, develop economy
The Corporate Affairs Commission (CAC) and the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) are strengthening their partnership to improve service delivery and ensure economic development. The Registrar-General of CAC, Hussaini Magaji, said this when a team from BRIPAN led by its President, Mr Chimezie Ihekweazu, visited him on Wednesday in Abuja. Magaji expressed CAC’s commitment to continuing…
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economy
Digital technology: CAC, NASENI collaborate for enhanced service delivery
The Corporate Affairs Commission(CAC) is exploring ways to make use of High-Powered Computing (HPC), Artificial Intelligence (AI) and other products and services of the National Agency for Science and Engineering Infrastructure (NASENI) to enhance its service delivery. The Registrar-General of the CAC, Hussaini Magaji, said this when he visited the Executive Vice Chairman(EVC) of NASENI Khalil Halilu, on Tuesday in…
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economy
Financial inclusion: CAC inaugurates Centre for registration of PoS operators
The Corporate Affairs Commission (CAC), has inaugurated a centre for bulk registration of Point of Sale (PoS) operators in its database. The CAC Registrar-General, Hussaini Magaji, said this while inaugurating the centre stationed at its Federal Capital Territory (FCT) Office in Abuja on Wednesday. According to Magaji, the importance of registering the PoS operators in the commission’s database cannot be…
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judiciary
Lawyer asks Appeal Court to uphold judgment dismissing CAC’s appeal on CAMA, 2020
A lawyer, Emmanuel Ekpenyong, has prayed the Court of Appeal in Abuja to dismiss an appeal filed by the Corporate Affairs Commission (CAC) challenging a lower court’s judgement that nullified some sections of the Companies and Allied Matters Act (CAMA), 2020. Ekpenyong, a constitutional lawyer and human rights crusader from the law firm Fred-Young & Evans LLP, told an Appeal…
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General News
Ogun govt. to prohibit imported Adire fabrics
The Ogun government says it is working on making laws to prohibit the sale of imported fake Adire fabrics. The state commissioner for industry, trade, and investment, Mr. Adebola Sofela, disclosed this on Friday during the 2nd Annual Business Fair, organised by the Rotary Club of Isheri-North, Isheri. The News Agency of Nigeria (NAN) reports that the theme…
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General News
Group to train 600 women on entrepreneurship skills in Niger
The 21st Century Entrepreneurs Hub will train 600 women in Niger on entrepreneurship skills and establish free websites for them. The training was part of the activities marking 2024 International Women’s Day, tagged “Inspire Inclusion, Invest in Women.”. Mrs. Fausiya Kure, the State Coordinator of the training, said this on Sunday while inaugurating the three-day International Women’s Day activities in…
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judiciary
Alleged P&ID scam: Lawyer testifies against fleeing Briton, James Nolan
A legal practitioner, Nnedimma Eiyisi, testified on Monday against a Briton and Director of Process and Industrial Development (P&ID) Ltd., Mr. James Nolan, at a Federal High Court in Abuja. Eiyisi, while being led in evidence-in-chief by the EFCC’s counsel, Bala Sanga, revealed how she registered another company, Micad Project City Services Ltd., at the Corporate Affairs Commission (CAC) on…
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Featured
Use of common seal by companies no longer mandatory – CAC boss
The Registrar-General, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has said the use of common seal by companies is no longer mandatory. Abubakar said this in statement issued on Thursday in Abuja, signed by Mr. Rasheed Mahe, CAC’s Media Head, after declaring open a one-day Customers’ Stakeholders Forum. Abubakar was represented by Mr. Abdulhakeem Mohammed, Director Compliance. He enumerated a series…
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Featured
Court dismisses CAN’s suit against CAC, Minister of Trade
A Federal High Court, Abuja has dismissed a suit filed by the Christian Association of Nigeria (CAN) against the Corporate Affairs Commission (CAC) and the Minister of Industry, Trade and Investment. Justice Inyang Ekwo, in a judgment, dismissed the suit over the failure of the plaintiff to comply with the law in the name used in filing the originating summons.…
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Sports
Cycling: Nigeria takes steps to attain international standards — CAC president
The President of the Track Commission of the Confederation of African Cycling (CAC), William Newman, on Tuesday in Abuja said the group was taking steps to “ensure that the sport attains international standards in Nigeria“. The News Agency of Nigeria (NAN) reports that Newman made this known while the Abuja velodrome. He pledged that adequate support would be given the Cycling…
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News
Beneficial ownership: NEITI, CAC unmasks faces behind oil mining assets
A joint coordination committee is working on a plan that will reveal the identity of the real owners of oil, gas and mining assets in the country. The committee to be established by the Nigeria Extractive Industries Transparency Initiative (NEITI) and the Corporate Affairs Commission (CAC), will also create a database of oil assets owners. In a statement made available…
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