cac

  1. CAC Threatens to Delist 100,000 Dormant Companies: 90-Day Compliance Ultimatum

    Nigeria CAC Threatens to Delist 100,000 Dormant Companies: 90-Day Compliance Ultimatum

    The Digest: The Corporate Affairs Commission (CAC) has issued a 90-day ultimatum for over 100,000 inactive companies to regularize their status or face delisting. This measure targets businesses failing to comply with statutory requirements, including annual filings and disclosure obligations...
  2. CAC Delays Implementation of New Fees and Penalties to September 1

    Nigeria CAC Delays Implementation of New Fees and Penalties to September 1

    The Digest: The Corporate Affairs Commission (CAC) has postponed the start of new fees and penalties for document downloads on its upgraded registration portal. The delay, now set for September 1, is a response to user challenges on the platform. Key Points: The implementation of new service...
  3. Appeal Court Orders CAC to Deregister KPMG Professional Services

    Nigeria Appeal Court Orders CAC to Deregister KPMG Professional Services

    The Digest: In a major legal victory for KPMG Nigeria, the Court of Appeal has ruled that the Corporate Affairs Commission (CAC) improperly registered the name “KPMG Professional Services.” The court’s decision nullifies the registration, granting KPMG Nigeria all the reliefs it sought. Key...
  4. CAC Warns Nigerians Against Fraudulent Firms with Fake Registration Details

    Nigeria CAC Warns Nigerians Against Fraudulent Firms with Fake Registration Details

    The Digest: The Corporate Affairs Commission (CAC) has issued a warning to Nigerians to avoid conducting business with three companies using fake incorporation documents and unregistered RC numbers. These companies are operating illegally and pose significant risks to potential partners and...
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