Friday, September 21, 2018

Tag "CAC"

    FG should probe syndicate ‘issuing fake CAC certificates’ to NGOs

FG should probe syndicate ‘issuing fake CAC certificates’ to NGOs

The Center for Social Awareness, Advocacy and Ethics (CSAAEINC), a non-profit organisation, has called on relevant government agencies to investigate a syndicate allegedly issuing fake Corporate Affairs Commission (CAC) certificates to non-governmental organisations (NGOs).Godswill Agbagwe (pictured), president of CSAARINC, made the call at a press briefing in Abuja on Friday.The group’s president, who is in the country for some youth conferences [...]

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    CAC no longer requires proficiency certificate to register your business

CAC no longer requires proficiency certificate to register your business

The Corporate Affairs Commission (CAC) says it has removed proficiency certificate from its list of requirements for business registration.The commission said the removal is part of its reform initiatives and review of its checklist and guidelines."Under the new arrangement, members of the public do not have to submit proficiency certificate to the commission for registration of companies, business names and [...]

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    Workers’ strike cripples operations at CAC

Workers’ strike cripples operations at CAC

Staff of the Corporate Affairs Commission (CAC) on Tuesday embarked on an industrial action over non-payment of allowances.The workers on the platform of Amalgamated Union of Public Corporations, Civil Service, Technical and Recreational Service Employees (AUPCTRE) also cited salary disparity, the imbalance in staff cost and poor welfare conditions as reasons for embarking on the strike.The action led to the [...]

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    Entrepreneur gets instant business certificate from Osinbajo

Entrepreneur gets instant business certificate from Osinbajo

Acting President Yemi Osinbajo on Thursday presented a certificate of incorporation to an entrepreneur minutes after she registered her business at the micro small and medium enterprises (MSMEs) clinic in Katsina.This is in keeping with the new policy of the Corporate Affairs Commission (CAC) for easy business registration.The CAC reduced the number of days to register a business from seven [...]

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    INTERVIEW: We’ll keep MDAs on their toes, says PEBEC secretary

INTERVIEW: We’ll keep MDAs on their toes, says PEBEC secretary

Jumoke Oduwole, senior special assistant to the president on industry, trade and investment, and secretary of the Presidential Enabling Business Environment Council (PEBEC), says the government is committed to implementing reforms that will make doing business in the country easy.  In an interview with TheCable, Oduwole said reforms in this regard were already yielding results.TheCable: One of the focus areas [...]

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    CAC says you can now register your business within 48 hours

CAC says you can now register your business within 48 hours

Mahmud Bello, registrar-general, Corporate Affairs Commission (CAC), says business owners in Nigeria can conveniently register their businesses online within 48 hours.Bello said the commission had started operating 24 hours company registration process to make startup of business easier in Nigeria.He said the aim of operating the new system was to encourage business owners in Nigeria.According to him, series of reforms [...]

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    No more seven! CAC can now register your business via a single form

No more seven! CAC can now register your business via a single form

The Corporate Affairs Commission (CAC) has consolidated the forms required to register a business in Nigeria, reducing the number from seven to one.This was revealed by Garba Abubakar, the special adviser to the commission’s registrar-general of the commission, at the Lagos stakeholders forum of the Enabling Business Environment Secretariat (EBES).“We now have just one form which has been deployed this week. [...]

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    CAC threatens to de-list 50, 000 companies

CAC threatens to de-list 50, 000 companies

The Corporate Affairs Commission (CAC) on Wednesday said 50,000 companies would soon be delisted for failing to file their annual returns.Bello Mahmud, registrar general of the CAC, disclosed this in an interview with NAN in Abuja.Mahmud said the defaulters would be de-listed after due notification through different channels of communication as prescribed by law.He disclosed that 9,347 companies had so [...]

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Exchange Rates

September 21, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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