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The Digest:
The Corporate Affairs Commission (CAC) has removed 247 companies from its database, a decisive act of Database's Discipline. The commission stated that the entities were never duly registered as limited liability companies, and their supposed registration certificates and numbers were invalid.

Key Points:

  • The Corporate Affairs Commission (CAC) removed 247 companies.
  • The companies were removed from the CAC database.
  • The commission said the companies were never duly registered.
  • Their Registration Certificates (RC) numbers were invalid.
  • The public was advised to disregard claims of their legal existence.
  • The announcement was made on the CAC's official X handle.
  • The delisting is an effort to maintain data integrity.
The CAC's action signals a commitment to data integrity and combating corporate fraud.

Sources: Nigerian Tribune, Corporate Affairs Commission (CAC) (official X handle)