CAC- Corporate Affairs

Senate confirms Nami as FIRS Chairman

TheSenate on Wednesday confirmed Muhammad Mamman Nami as Executive Chairman of the Federal Inland Revenue Service (FIRS) The confirmation followed a satisfactory report by the Senate Committee Chairman on Finance, Senator Olamilekan Solomon Adeola which was presented to the plenary. Other nominees of President Buhari who were confirmed representing the various zones of the country […]

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FIRS Finally Speaks On How Buhari and Osinbajo Campaign Was Funded

Buhari and Osinbajo Campaign The Federal Inland Revenue Services, FIRS, has once again nullified to claims by former spokesperson of the All Progressives Congress, APC, Timi Frank, that it supported the party’s political campaign with the sum of N40bn. Naija News recalls that the party spokesman had earlier accused FIRS of supporting APC campaigns with the sum of

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FIRS attempts to bail Fowler out, denies giving N40bn for APC campaign

The Federal Inland Revenue Services (FIRS) has denied allegations that it gave out N40 billion to be used as campaign funds to the ruling All Progressives Congress (APC). The tax revenue organisation in a statement on Monday, lamented that the reports of fraud involving various amounts it allegedly released were false. The denial is coming

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Rwanda Becomes The First Country To Remove Tax on Sanitary Pads

Rwanda has become the first country to scrap the tax on sanitary pads. The move, according to Rwandan authorities, intends to create a favorable environment for poor female students who are often forced to skip school during their periods. A pack of ten sanitary pads currently goes for around 1,000 Rwandan Francs ($1.07). The products

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Muhammad Nami, a tax consultant, heads Nigeria’s FIRS

President Muhammadu Buhari on Monday nominated a renowned tax consultant, Muhammad Nami, as the new chairman of the Federal Inland Revenue Service (FIRS). Mr Buhari also named a new board for the tax agency. The board is composed of a member representing each of the six geographical zones and statutory representatives from a select number

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CAC delists 40,000 dormant registered companies

The Corporate Affairs Commission (CAC) says it has delisted 40,000 registered companies that have not recorded any activity. Azuka Azinge, CAC’s acting registrar-general, made this known in Abuja on Wednesday while briefing journalists on the activities of the commission between October 2017 and October 2019.    “We have succeeded to clean up our registration records by

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Upgrade of CAC’s portal not to siphon money: Registrar-General

Lady Azuka Azinge, acting Registrar-General, Corporate Affairs Commission (CAC), said on Wednesday in Abuja, that the upgrade of the Company Registration Portal (CRP) is to enhance the incorporation process. Azinge, who spoke at a news conference, dismissed the allegation that the CRP upgrade was aimed at siphoning money. She described the allegation as false and

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Why business name registration is necessary–CAC

The Corporate Affairs Commission (CAC) has stated that registration of business names is necessary for both companies and small scale businesses as any enterprises operating without registering with the Commission is liable to be sanctioned. Head of Bauchi State office of the Commission Alhaji Abdullahi Abubakar stated this, Thursday while speaking on the procedure and

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