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Tag "Corporate Affairs Commission"

CAC: Minimum paid-up capital for companies with foreign partners now N100m

    CAC: Minimum paid-up capital for companies with foreign partners now N100m

Corporate Affairs Commission (CAC) says it has commenced the implementation of the requirement of N100 million minimum paid-up capital for companies with foreign participation. The commission made the announcement in

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On Abubakar’s revolution at CAC

    On Abubakar’s revolution at CAC

A daunting task welcomed Alhaji Garba Abubakar upon assumption of office as the registrar general of the Corporate Affairs Commission (CAC) in January 2020. He was faced with the challenge

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CAC to block fraudulent applications imitating existing companies

    CAC to block fraudulent applications imitating existing companies

Garba Abubakar, registrar-general of the Corporate Affairs Commission (CAC), says the agency will block suspected fraudulent applications registering new companies similar to existing ones.  Rasheed Mahe, head of media at

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Disclosure of beneficial ownership now mandatory for companies, says CAC registrar

    Disclosure of beneficial ownership now mandatory for companies, says CAC registrar

Garba Abubakar, registrar-general of the Corporate Affairs Commission (CAC), says the commission has mandated companies to disclose their beneficial owners at the point of registration. He said this is to

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Reps threaten to shut down CAC over poor revenue

  Reps threaten to shut down CAC over poor revenue

The house of representatives committee on finance has threatened to shut down Corporate Affairs Commission (CAC) for having a higher

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ICYMI: CAC deregisters factional Ohanaeze Ndigbo 

  ICYMI: CAC deregisters factional Ohanaeze Ndigbo 

The Corporate Affairs Commission (CAC) has deregistered Ohanaeze Ndigbo General Assembly.  The group, led by Basil Onyeacholam, broke out from

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CAC gets new registrar — 12 days after Azinge’s suspension

  CAC gets new registrar — 12 days after Azinge’s suspension

Abubakar Garba has been appointed as the registrar general of the Corporate Affairs Commission (CAC). This is coming 12 days

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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

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