CAC Removes Dormant Companies Over Non-Compliance with Annual Returns

The Corporate Affairs Commission (CAC) has announced the removal of companies that failed or refused to update their annual returns from its register. According to a statement shared on the Commission’s X (formerly Twitter) handle on Wednesday, the affected companies are considered dissolved from the date of publication. A detailed list of these companies is … Read more

FCMB To Conduct Annual General Meeting By Proxy

FCMB Group Plc has obtained regulatory approval to hold its annual general meeting (AGM) through the use of proxies in order to circumvent restrictions imposed by governments as part of containment strategies for the Covid-19 pandemic. FCMB Group had scheduled its AGM for Tuesday, April 28, 2020 in Lagos. Lagos State, the epicentre of the … Read more

Senate To Consider Critical Bill To Aid Ease Of Doing Business In Nigeria – Lawan

Senate Holds Public Hearing On Social Media Bill Today

In a bid to boost the country’s business sector, President of the Senate, Ahmad Lawan has said on Tuesday the Senate will consider a crucial bill that specifically seeks to amend the Companies and Allied Matters Act (CAMA). In a statement issued on Sunday by his Special Assistant (Media), Lawan said the Senate has commenced … Read more