CAC- Corporate Affairs

CAC: Assets of politicians, public officials to be made public – NFIU

The assets of all public officials and senior political office holders will soon be open for public knowledge and scrutiny, says Director, Nigerian Financial Intelligence Unit (NFIU), Modibbo Hamman-Tukur. Mr Hamman-Tukur disclosed this on Thursday in Abuja at a budget defence session with the House of Representatives Committee on Financial Crimes led by Kayode Oladele […]

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2019 CAM Bill will allow one person form company – CAC

The Corporate Affairs Commission (CAC) has explained that the Companies and Allied Matters (CAM) Bill 2019 will allow an individual to form a company and make use of Common Seal option for companies. The Commission said the Bill will also greatly enhance the ease of starting and growing business in the country and ensure more

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CAC Reveals Number Of Registered Companies In Nigeria

The number of registered companies in Nigeria is 3,098,193, the agency in charge of registration of firms in the country, Corporate Affairs Commission (CAC), said Tuesday. According to the commission, these companies were registered in Part A, B and C categories from the inception of the CAC in 1990 to March 21, 2019. CAC was

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CAC Set To Host Stakeholders, Customers In Abuja

The Corporate Affairs Commission (CAC) has said that all is set for its 2019 quarterly Customers’/Stakeholders Forum. Godfrey Ike, Head, Public Affairs of CAC, who disclosed this through a statement, said the event is  slated for Tuesday, March 26, 2019 at the Merit House, Maitama, Abuja, by 11.am. “The CAC’s Customers/Stakeholderss Forum is interactive in

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CAC’s Cost-friendly Business Registration Exercise Ends This Month

The cost-friendly Business Incentive Strategy (BIS) rolled out in October last year by the Corporate Affairs Commission (CAC), would end this month. The BIS is primarily to ensure formalization of businesses by MSMEs for the overall benefit of the economy. The Commission has so far registered over 73,000 companies in the last three months under

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Business Incentive Strategy to end March 31st – CAC

The Corporate Affairs Commission (CAC) has announced that the on-going Business Incentive Strategy (BIS) will end by March, 31st 2019. The Acting Registrar General, Lady Azuka Azinge at the Commerce and Industry Correspondent Association of Nigeria (CICAN) annual retreat and capacity building workshop on Friday in Abuja, urged members of the public to ensure they

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CAC Registers 73,00 Companies In 3 Months

The Corporate Affairs Commission (CAC) has registered not less than 73,000 companies within three months under its cost-friendly Business Incentive Strategy (BIS) rolled out in October last year. Acting registrar-general of the Commission, Lady Azuka Azinge, who made this known in Abuja, yesterday, said the Commission would record a higher number of registration in the

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Nigerias corporate affairs commission reduces cost business registration.

The cost for the registration of business names in Nigeria has been reduced from N10,000 to N5,000. This was announced by the Corporate Affairs Commission on Wednesday, March 6 – According to CAC, the reduced cost of business name registration will end on Sunday, March 31. The Corporate Affairs Commission (CAC) has announced a reduction

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FIRS grants 30-day reprieve to wealthy Nigerian tax defaulters

The Federal Inland Revenue Service (FIRS) says defaulting wealthy Nigerian taxpayers who have no Taxpayer Identification Numbers (TIN) have only a 30 days lien to do so. The agency also said other Nigerians and firms with a turnover of N100 million in their accounts, but not paying taxes have only a 30 days lien to

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