The Corporate Affairs Commission has debunked what it calls “ series of false and malicious social media reports that it is recruiting against the Federal Character Principle”. The management, in a statement made available to the media, maintained that it has followed due process in all its operations. “On assumption …
Read More »
In a milestone achievement, the Corporate Affairs Commission (CAC) has secured the conviction of one Abubakar Sadiq Aremu to four years imprisonment for cheating and forgery of its receipts. Arraigned on March 21, 2023, before Upper Area Court Mpape Abuja, the accused pleaded guilty to the offence and was therefore sentenced …
Read More »
The Corporate Affairs Commission has unveiled a reward policy for staff in order to enhance productivity and further entrench discipline in the system. The Registrar General/CEO of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, SAN, stated this while unveiling the Commission’s 2024 blueprint at a one-day strategic leadership retreat …
Read More »
The Registrar-General Of Corporate Affairs Commission,Hussaini Ishaq Magaji, SAN, has revealed that the implementation of the provisions of Companies and Allied Matters Act(2020)has started to yield fruits for the nation’s economy.Hussaini Magaji, SAN, said this when he led the management of Moniepoint Microfinance on a visit to the Hon. Minister, …
Read More »
The Corporate Affairs Commission is set to delist 91,843 companies for failing to file their annual returns with it. In a list published on its website, the commission listed 91,843 companies for delisting (2,738 less than the 94,581 it initially published in August). This is still less than the initial …
Read More »
Sanjay Pradhan, Chief Executive Officer of Open Government Partnership (OGP) International has commended Nigeria for the successful launch of the Public Register Of Beneficial Owners of Entities saying it is ” the first to be deployed in line with the open data standard in Africa and also for sustaining citizens …
Read More »
The National Executive Council of the Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC) has commended the Corporate Affairs Commission (CAC) for recording another milestone with the recent launch of the Beneficiary Ownership Register (BOR). The commendation was contained in a Twelve-Point Communique read by its President …
Read More »
Nigeria’s efforts towards building a Beneficial Ownership Register (BOR) in line with global best practice are worthy of emulation by other African countries. Stakeholders including Stephen R Davenport, Global Lead, Governance Global Practice, World Bank gave this commendation in Abuja at the International Peer Learning Workshop on the Use of …
Read More »
The Corporate Affairs Commission’s service delivery index is within acceptable limits and so far the highest among government agencies in the country, says SERVICOM. The SERVICOM scribe, who stressed that evaluation reports contain findings (strengths and weaknesses) and scores of the evaluated MDAs, said such reports were usually presented to …
Read More »
The nation’s foremost Company Registry,the Corporate Affairs Commission (CAC) has won the Legislative Award for the Companies and Allied Matters Act (CAMA) 2020 at the 5th PEBEC Awards. Held at the State House Conference Hall, the award isin recognition of CAC’s immense contribution and support towards the ease of doing …
Read More »
The Commerce Africa African Reneissance