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

BREAKING: CAC Begins Clampdown on Unregistered PoS Businesses After Deadline Lapses

The Corporate Affairs Commission (CAC) has announced the commencement of strict measures, including the potential shutdown of Point of Sales (PoS) businesses that have failed to register by the September 5 deadline. This was disclosed in a public notice released on Friday. The Commission expressed concerns over the low compliance with its registration directive and … Read more

FG Orders Registration Of POS Operators , Gives Ultimatum

Eko Hot Blog reports that the Federal Government through the Corporate Affairs Commission has issued a two-month registration deadline to Point of Sales (PoS) companies, to register their agents, merchants, and individuals with the commission. The agreement was reached on Monday during a meeting between Fintechs and the Registrar-General CAC, Hussaini Ishaq Magaji, in Abuja. … Read more

CAC, NFIU Bolster Cooperation To Combat Illicit Financing, Aid Nigeria’s Exit from FATF Grey List

CAC, NFIU Bolster Cooperation To Combat Illicit Financing, Aid Nigeria's Exit from FATF Grey List

Eko Hot Blog reports that the Corporate Affairs Commission (CAC) has pledged to reinforce its partnership with the Nigeria Financial Intelligence Unit (NFIU) in a concerted effort to combat illicit financing and ensure Nigeria’s exit from the Financial Action Task Force’s (FATF) grey list. Editor’s Pick: FG Begins New Expatriate Job Policy, Violators Risk N3m … Read more

Annual Returns: CAC Extends Deadline For Penalty On Companies

Eko Hot Blog report that the Corporate Affairs Commission (CAC) has decided to postpone the implementation of penalties for companies that have not filed their annual returns. The deadline  has now been extended from January 1, 2024, to April 1, 2024. This decision was reportedly made due to technical issues encountered on the Company Registration … Read more

Sholape Animashawun Foundation Lights The Path To Success With Scholarships For Varsity Students

In its bid to propel indigent students to academic success, the sholape Animashawun Foundation is set to award scholarship opportunity to scores of varsity students. Organized in partnership with the Care People Foundation, the scholarship award ceremony is scheduled to take place on Sunday at the Technical University, Ibadan. In a telephone interview with Eko … Read more

See 10 Agreements FG Reached With Twitter Before Lifting 7-month-old Ban

Twitter

The microblogging site’s operations was suspended in June 2021 following a row with the Federal Government EKO HOT BLOG reports that the Nigerian government has listed some of the agreements reached with Twitter before the suspension of its ban. Recall that the government lifted the ban on Twitter in Nigeria on January 13th. Kashifu Inuwa … Read more

Breaking: CAC Announces New Forms of Business Registration

The Corporate Affairs Commission (CAC) of Nigeria has commenced two new forms of business registration pursuant to CAMA, 2020. This followed the successful deployment of the Online Application for Limited Liability Partnerships (LLPs) and Limited Partnerships (LPs). EkohotBlog reports that Garba Abubakar, the Registrar General of the Commission made the announcement in a statement by … Read more

NLC Stages Protest At CAC Headquarters In Abuja

NLC Stages Protest At CAC Headquarters In Abuja

The NLC are protesting alleged anti-labour matters but are at loggerheads on the issue with the TUC The Nigeria Labour Congress (NLC), on Wednesday, staged a protest at the Corporate Affairs Commission’s (CAC) Headquarters in Abuja.  According to the NLC, the picketing was held over alleged anti-labour matters. Read also: Nigeria’s Restructuring Should Be Based … Read more

See Why CAC Boss Was Ordered To Step Down

See Why CAC Boss Ordered To Step Down

Azuka Azinge, Acting Registrar of the Corporate Affairs Commission (CAC) has been asked to step down as head of the commission by the Code of Conduct Tribunal (CCT). Ms. Azuka stood trial before CCT on the 23rd of December on an eleven-count charge over fake declaration of assets. She was also arraigned for collecting allowances … Read more