cac

  1. Why the CAC Delisted Over a Decade’s Worth of Dormant Companies

    Nigeria Why the CAC Delisted Over a Decade’s Worth of Dormant Companies

    The Corporate Affairs Commission (CAC) has delisted companies inactive for a decade after a 90-day grace period to update annual reports. Over 10 years of non-compliance led to their removal from the register, rendering these companies dissolved. The CAC warns against transactions with these...
  2. PoS Operators Get Reprieve as CAC Extends Registration Deadline to September

    Nigeria PoS Operators Get Reprieve as CAC Extends Registration Deadline to September

    The Corporate Affairs Commission (CAC) has extended the deadline for PoS operators' registration by 60 days, now ending on September 5, 2024. This extension aims to facilitate registration for operators, particularly those facing network challenges in remote areas, by CAMA 2020 and CBN...
  3. Fraud Prevention Measures: CBN Mandates PoS Operators to Register with CAC by July 7

    Nigeria Fraud Prevention Measures: CBN Mandates PoS Operators to Register with CAC by July 7

    In a move to enhance financial transparency, the Central Bank of Nigeria (CBN) has mandated Point-of-Sale (PoS) operators to register their businesses with the Corporate Affairs Commission (CAC) within two months. This measure aims to reduce fraud and promote a more regulated financial sector in...
  4. Nigeria Tightens Oversight: 1.9 Million PoS Agents Mandated for CAC Registration

    Nigeria Nigeria Tightens Oversight: 1.9 Million PoS Agents Mandated for CAC Registration

    Nigeria mandates 1.9 million Point of Sale (PoS) agents to register with the Corporate Affairs Commission (CAC) to curb rising fraud incidents, which accounted for 26.37% of cases in 2023. This directive aims to enhance transparency in financial transactions and improve regulatory oversight in...
  5. Concerns Arise Among Content Creators as CAC Mandates Registration and Tax Payments

    Nigeria Concerns Arise Among Content Creators as CAC Mandates Registration and Tax Payments

    The Corporate Affairs Commission (CAC) has called on social media content creators, particularly those with large followings on platforms like Instagram and TikTok, to register their businesses with the commission by the Company and Allied Matters Act 2020. This move comes amidst rumored plans...
  6. Nigeria News

    Metro "It's fraudulent" - CAC denies registering ‘Wickedness Association of Nigeria’ as a business - Linda Ikejis Blog

    https://www.lindaikejisblog.com/2023/1/its-fraudulent-cac-denies-registering-wickedness-association-of-nigeria-as-a-business.html
  7. Nigeria News

    Metro ‘Register With CAC, Delete Harmful Accounts’: FG Sets Rules For Facebook, Twitter, Others - Channels TV

    https://www.channelstv.com/2022/06/13/register-with-cac-delete-harmful-accounts-fg-sets-rules-for-facebook-twitter-others/
  8. Nigeria Metro News

    Metro See Face Of CAC Pastor Arrested For Allegedly Impregnating 16-year-old Girl In Akure (Photo) – Tori News

    A pastor of the Christ Apostolic Church has been arrested for allegedly impregnating a 16-year-old Read more via Tori News – http://bit.ly/2QADxIe
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    Business Nigeria: 38,000 Companies De-registered For Failing To File Returns

    The Corporate Affairs Commission on Tuesday said it had de-registered the names of over 38,000 companies from its register for failing to file annual returns to the commission. The Registrar-General, CAC, Mr Bello Mahmud, stated this while speaking during a chat with journalists in Abuja. He...
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    Politics Nigeria: Govt Official In Charge of $1bn Malabu Oil Probe Brutally Murdered

    Abubakar Umar, the Corporate Affairs Commission (CAC) official who was in charge of the $1bn Malabu oil brief has been “brutally murdered”. This is according to the agency’s head of Compliance, Justin Ndia. The brief contains a summary of the facts and legal points in the case which will...
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    Politics Nigerian Senate Sets To Legalize Lobbying

    The Senate on Wednesday began the moves to legalize lobbying in the country with a bill tagged, “an Act for the regulation and registration of lobbyists in Nigeria”. The bill sponsored by Senator Dino Melaye (APC, Kogi West) today scaled through second reading and it has been referred to the...
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    Metro CAC Members Throw Out Pastor During Church Service [VIDEO]

    Members of Christ Apostolic Church, CAC at Abule-Ijesha in Yaba local government, Lagos state on Sunday July 24th, threw their pastor Micheal Oni out of the church during the service. See video below:
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    Business Nigeria: See LIST of 38,717 Companies To Be De-listed by CAC

    The Corporate Affairs Commission (CAC) says it has begun the process of delisting 38,717 dormant or portfolio companies from its register. The commission’s Director of Public Affairs, Mr Churchill Williams said the affected companies were those that failed to file their annual returns to CAC as...
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    Business Nigeria: CAC Begins Process of De-registering 38,717 Dormant Companies

    The Corporate Affairs Commission (CAC) says it has begun the process of delisting 38,717 dormant or portfolio companies from its register. The commission’s Director of Public Affairs, Mr Churchill Williams, said this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja...
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    Metro Beware! One Chance Operators Have Devise New Strategies

    Vanguard Metro report the ordeal of one elder at Christ Apolistic Church, CAC, Mowe in Obafemi Owode Local Government who recently had a close shave with death in the hands of people suspected to be ritual killers as he boarded an inter-state bus at Mowe on Tuesday November 24, 2015, intending...
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