By Esther Agbo The Corporate Affairs Commission (CAC) has issued new guidelines for the recapitalisation of banks and other financial institutions, aiming to streamline processes and ensure compliance with regulatory standards. This development comes under the authority of Section 8(1)(e)…
The Corporate Affairs Commission (CAC) has directed 4,173 bureau de change (BDC) operators to restructure their operations. In a statement during the week, CAC gave the BDCs three months to change their names and objects. On March 1, the Central…
The Registrar-General of the Corporate Affairs Commission Hussani Ishaq Magaji, SAN, has approved the distribution of palliatives (foodstuff) to the entire Staff of the Commission nationwide. This commendable act took place yesterday at the Commission’s Headquarters. Presenting the items to…
The Corporate Affairs Commission(CAC) is exploring ways to make use of high-powered computing, HPC, artificial intelligence, AI, and other products and services of the National Agency for Science and Engineering Infrastructure (NASENI) to enhance its operations. This indication was given…
The Corporate Affairs Commission (CAC) today commissioned a Dedicated Centre for Bulk Registration of PoS Operators. The Registrar-General/CEO, CAC Hussaini Ishaq Magaji, SAN, unveiled the Centre located at the Commission’s FCT Zone 5 Office. Speaking shortly after cutting the tape…
The Corporate Affairs Commission (CAC) and fintech companies in Nigeria, better known as PoS operators, have agreed to a two-month timeline to register their agents, merchants, and individuals with the CAC in line with legal requirements and the directives of…
The Practitioners of Content Creation, Skit Making, and Influencers Guild of Nigeria have lent their voice to the Corporate Affairs Commission’s initiative to vigorously formalise unregistered businesses in the country. The President of the Association, Michael Nwabufo, AKA Mike Premium,…
The Corporate Affairs Commission (CAC) says it is not recruiting at the moment and advised Nigerians to be wary so as not to fall victims of deceit. The CAC said this in a public notice provided to the newsmen on…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukayode has commended the collaboration of the Corporate Affairs Commission’s (CAC) efforts in the fight against corruption and other financial crimes in the country. The EFCC boss…
The Corporate Affairs Commission (CAC) and the Nigeria Financial Intelligence Unit (NFIU) have pledged to reinvigorate their relationship to ensure that Nigeria exits the grey list of the Financial Action Task Force. The Registrar-General and CEO of the CAC, Hussaini…
