cac

The Digest: All online requests to update business names must now include enhanced personal and contact information from proprietors. The new mandate, effective immediately, is part of the commission's drive to improve data accuracy, combat fraud, and strengthen its digital verification...

The Digest: The Corporate Affairs Commission has mandated that all Point-of-Sale operators in Nigeria must register their businesses by January 1, 2026, or risk having their terminals seized. Key Points: The CAC has set a January 1, 2026, deadline for all PoS operators to register their...

The Digest: The Auditor-General of the Federation has uncovered N118.75 million in undocumented expenditures by the Corporate Affairs Commission, including payments to National Assembly members for oversight visits, a revelation that highlights systemic weaknesses in Nigeria’s public financial...

The Digest: Gunmen who kidnapped 38 worshippers from a Kwara church have placed a staggering N100 million ransom on each victim, turning a sacred space into a marketplace for human lives and testing both community resources and state security capacity. Key Points: Bandits demand N100...

The Digest: A mother is crying and pleading for help to find her child, who went missing after gunmen attacked Christ Apostolic Church in Eruku, Kwara State, during a live-streamed service on Tuesday evening. Key Points: A CAC church member breaks down, searching for her child missing since...

The Digest: A wave of outrage has swept through Nigeria's entertainment industry as prominent figures, including Dunsin Oyekan, Mr Macaroni, and Funke Akindele, strongly condemned the deadly attack on a church. In unified statements, they described the incident as part of a disturbing pattern...

The Digest: A coordinated bandit assault on a Christ Apostolic Church in Eruku, Kwara State, has left two worshippers dead and one vigilante injured, according to police confirmation. The attack, which occurred during a Tuesday evening service, has intensified fears among residents of border...

The Digest: Panic gripped the Eruku community in Kwara State on Tuesday as terrorists stormed a Christ Apostolic Church during a service, killing three worshippers and abducting several others, including the pastor. The attack, which forced residents to flee into nearby bushes, highlights the...

The Digest: The Corporate Affairs Commission is turning to artificial intelligence to tackle a significant backlog of company registration applications and modernize its service delivery. Registrar-General Hussaini Magaji announced the deployment of an AI agent designed to process thousands of...

The Digest: The Corporate Affairs Commission (CAC) has again postponed the implementation of its new service fees. The new fees, part of The Deferred Transition, will now take effect on October 1, 2025, to allow for the full stabilization of its new company registration portal and a seamless...

The Digest: The Corporate Affairs Commission (CAC) has warned Nigerian business owners that non-compliant companies will be delisted from its register. This process removes a company's legal status, often to the owner's surprise. Key Points: The CAC is delisting inactive companies from...

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...

The Digest: Biodun Fatoyinbo, the senior pastor of the Commonwealth of Zion Assembly (COZA), has apologized after facing backlash for comments made about the late Joseph Ayo Babalola, the founder of Christ Apostolic Church (CAC). His remarks, which seemed to undermine Babalola’s legacy...

The Digest: Pastor Biodun Fatoyinbo of COZA is facing widespread criticism for controversial remarks about the late Apostle Joseph Ayo Babalola. In a viral sermon, he suggested Babalola’s spiritual grace "went like that" because of a lack of money, sparking strong reactions from the Christ...

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...

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...

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...

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...