The Federal High Court, Abuja, has dismissed a suit filed by the Christian Association of Nigeria (CAN) against the Corporate Affairs Commission (CAC) and the Minister of Industry, Trade and Investment over a section of...
The registrar-general of the Corporate Affairs Commission (CAC), Garba Abubakar, says the agency will block suspected fraudulent applications registering new companies similar to existing ones. Rasheed Mahe, head of media at CAC, said in a statement...
The Corporate Affairs Commission (CAC) said it has completed the incorporation of the Nigerian National Petroleum Company (NNPC) Limited in line with the new Petroleum Industry Act (PIA). The Registrar-General of CAC, Garba Abubakar, announced this...
Justice Tijjani Ringim of the Federal High Court, Lagos, has affirmed Mrs Evelyn Joshua as a trustee of Synagogue Church Of All Nations (SCOAN), in line with the church’s Constitution which prescribes a minimum of...
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has pledged the Bank’s readiness to increase its development finance interventions to further support start-ups and Small and Medium-scale Enterprises (SMEs) in the country. Delivering the...
The Registrar General/Chief Executive, Corporate Affairs Commission (CAC), Garba Abubakar, has denied allegations of fraud leveled against the management by the CAC staff union under the aegis of the Amalgamated Union of Public Corporation, Civil...
The Central Bank of Nigeria (CBN) yesterday issued a new licence requirements for payment systems, increasing the minimum capital requirements for Payment Solutions Service Providers (PSSPs) to N250 million from N100 million. The new framework also...
The Corporate Affairs Commission says that following the successful deployment of an end-to-end registration module, it is now prioritising the reduction of the registration circle for new companies to just three hours before the end...
The Nigerian Stock Exchange (NSE) has finally completed its demutualisation process that spanned 11 years and it is now to operate as a public company limited by shares. The shift makes the NSE the 57th exchange...
The Corporate Affairs Commission says it generated N19bn revenue in the 2020 fiscal year and remitted N2.7bn to the consolidated revenue account of the Federal Government. The Registrar-General, Garba Abubakar, told journalists in Abuja that the...