CAC – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sat, 31 Jan 2026 20:55:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png CAC – InfoStride News https://www.theinfostride.com 32 32 CAC Reaffirms Commitment to Transparency, Warns Against Smear Campaigns https://www.theinfostride.com/cac-reaffirms-commitment-to-transparency-warns-against-smear-campaigns/ https://www.theinfostride.com/cac-reaffirms-commitment-to-transparency-warns-against-smear-campaigns/#respond Sun, 01 Feb 2026 21:00:57 +0000 https://www.theinfostride.com/?p=470455 The Corporate Affairs Commission (CAC) has reiterated its unwavering commitment to transparency, accountability, and due process in the execution of its regulatory duties, while warning individuals and groups against orchestrating smear campaigns aimed at undermining its integrity and reform agenda. Registrar-General and Chief Executive Officer of the Commission, Hussaini Ishaq Magaji (SAN), made the declaration [...]

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]]> https://www.theinfostride.com/cac-reaffirms-commitment-to-transparency-warns-against-smear-campaigns/feed/ 0 CAC, SMEDAN Unveil Free Registration Drive for 250,000 MSMEs https://www.theinfostride.com/cac-smedan-unveil-free-registration-drive-for-250000-msmes/ https://www.theinfostride.com/cac-smedan-unveil-free-registration-drive-for-250000-msmes/#respond Thu, 22 Jan 2026 23:17:55 +0000 https://www.theinfostride.com/?p=467617 The Corporate Affairs Commission (CAC) in collaboration with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced the launch of a nationwide initiative to provide free business registration for 250,000 micro, small, and medium enterprises (MSMEs). The initiative, which was unveiled this week, is part of the federal government’s broader strategy to [...]

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]]> https://www.theinfostride.com/cac-smedan-unveil-free-registration-drive-for-250000-msmes/feed/ 0 CAC Sets Ambitious Goal of Completing Business Registration in 10 Minutes https://www.theinfostride.com/cac-sets-ambitious-goal-of-completing-business-registration-in-10-minutes/ https://www.theinfostride.com/cac-sets-ambitious-goal-of-completing-business-registration-in-10-minutes/#respond Mon, 20 Oct 2025 17:03:38 +0000 https://www.theinfostride.com/?p=469576 The Corporate Affairs Commission (CAC) has announced plans to revolutionise Nigeria’s business registration process by reducing the time required to register a company to just 10 minutes. This bold move aligns with the Federal Government’s broader agenda to improve the ease of doing business, enhance digital efficiency, and attract more local and foreign investors to [...]

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]]> https://www.theinfostride.com/cac-sets-ambitious-goal-of-completing-business-registration-in-10-minutes/feed/ 0 CAC Uncovers 247 Firms Operating with Fake RC Numbers https://www.theinfostride.com/cac-uncovers-247-firms-operating-with-fake-rc-numbers/ https://www.theinfostride.com/cac-uncovers-247-firms-operating-with-fake-rc-numbers/#respond Sat, 16 Aug 2025 06:12:15 +0000 https://www.theinfostride.com/?p=465136 The Corporate Affairs Commission (CAC) has uncovered 247 companies allegedly operating with fake or invalid registration numbers, raising fresh concerns about fraudulent practices within Nigeria’s business environment. The revelation, made public during a regulatory enforcement briefing in Abuja, highlights the Commission’s increasing use of technology to monitor and verify corporate compliance across the country. Registrar-General [...]

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]]> https://www.theinfostride.com/cac-uncovers-247-firms-operating-with-fake-rc-numbers/feed/ 0 CAC Attributes Stamp Duties Payment Failures to Portal Incompatibility with Partner Agencies https://www.theinfostride.com/cac-attributes-stamp-duties-payment-failures-to-portal-incompatibility-with-partner-agencies/ https://www.theinfostride.com/cac-attributes-stamp-duties-payment-failures-to-portal-incompatibility-with-partner-agencies/#respond Fri, 08 Aug 2025 16:49:58 +0000 https://www.theinfostride.com/?p=464351 The Corporate Affairs Commission (CAC) has explained that recent failures in the payment of stamp duties on its platform are due to technical incompatibility between its online portal and the systems of some partner government agencies. The Commission disclosed this in a statement yesterday, following complaints from users who have experienced repeated disruptions when attempting [...]

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]]> https://www.theinfostride.com/cac-attributes-stamp-duties-payment-failures-to-portal-incompatibility-with-partner-agencies/feed/ 0 CAC admonishes Businesses to Use Administrative Proceedings for Dispute Resolution https://www.theinfostride.com/cac-admonishes-businesses-to-use-administrative-proceedings-for-dispute-resolution/ https://www.theinfostride.com/cac-admonishes-businesses-to-use-administrative-proceedings-for-dispute-resolution/#respond Wed, 23 Jul 2025 22:00:15 +0000 https://www.theinfostride.com/?p=402754 The Corporate Affairs Commission (CAC) has called on businesses in Nigeria to utilize its Administrative Proceedings Committee (APC) for resolving corporate disputes instead of resorting to lengthy and costly court battles. In a statement issued on Friday, the commission emphasized that the APC offers a faster and more cost-effective alternative for handling disagreements related to [...]

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]]> https://www.theinfostride.com/cac-admonishes-businesses-to-use-administrative-proceedings-for-dispute-resolution/feed/ 0 CAC restructuring to enhance service delivery and meet customer needs – Official https://www.theinfostride.com/cac-restructuring-to-enhance-service-delivery-and-meet-customer-needs-official/ https://www.theinfostride.com/cac-restructuring-to-enhance-service-delivery-and-meet-customer-needs-official/#respond Sat, 19 Oct 2024 11:21:37 +0000 https://www.theinfostride.com/?p=391433 The Corporate Affairs Commission (CAC) has announced a significant restructuring aimed at improving service delivery and addressing the growing needs of its customers. The move, which is part of the commission’s broader efforts to streamline operations, enhance efficiency, and foster a more customer-centric approach, will see changes in the way the organization handles its services [...]

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]]> https://www.theinfostride.com/cac-restructuring-to-enhance-service-delivery-and-meet-customer-needs-official/feed/ 0 CBN licence revocation: CAC asks 4,173 BDCs to change name or face dissolution https://www.theinfostride.com/cbn-licence-revocation-cac-asks-4173-bdcs-to-change-name-or-face-dissolution/ https://www.theinfostride.com/cbn-licence-revocation-cac-asks-4173-bdcs-to-change-name-or-face-dissolution/#respond Thu, 11 Jul 2024 09:10:43 +0000 https://www.theinfostride.com/?p=383085 The Corporate Affairs Commission (CAC) has asked the 4,173 Bureau De Change companies whose licences were recently revoked by the Central Bank of Nigeria (CBN) to change their names within three months. The Commission in a notice issued on Wednesday said their failure to change the names with which they were registered as companies would [...]

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]]> https://www.theinfostride.com/cbn-licence-revocation-cac-asks-4173-bdcs-to-change-name-or-face-dissolution/feed/ 0 CAC Grammar School Alumni Association launches N50m endowment fund https://www.theinfostride.com/cac-grammar-school-alumni-association-launches-n50m-endowment-fund/ https://www.theinfostride.com/cac-grammar-school-alumni-association-launches-n50m-endowment-fund/#respond Fri, 28 Jun 2024 08:34:54 +0000 https://www.theinfostride.com/?p=381769 Members of the Christ Apostolic Church Grammar School, Efon-Alaye Alumni Association have launched a N50m endowment fund to support knowledge-driven initiatives aimed at assisting the students of their alma mater. At the recent event held in Lagos, the association also honoured former students of the school who have distinguished themselves in their chosen professions. Some [...]

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]]> https://www.theinfostride.com/cac-grammar-school-alumni-association-launches-n50m-endowment-fund/feed/ 0 PoS Operators Set to Take CAC to Court https://www.theinfostride.com/pos-operators-set-to-take-cac-to-court/ https://www.theinfostride.com/pos-operators-set-to-take-cac-to-court/#respond Wed, 15 May 2024 21:20:21 +0000 https://www.theinfostride.com/?p=378030 Point of Sale (PoS) operators, represented by the National President of the Association of Mobile Money and Bank Agents in Nigeria, are gearing up for a legal battle to challenge the requirement imposed by the Corporate Affairs Commission (CAC) for mandatory registration. Fasasi Sarafadeen, the association’s President, criticized the directive, arguing that it contradicts the [...]

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]]> https://www.theinfostride.com/pos-operators-set-to-take-cac-to-court/feed/ 0 CAC denies claims of charging companies for Tax IDs https://www.theinfostride.com/cac-denies-claims-of-charging-companies-for-tax-ids/ https://www.theinfostride.com/cac-denies-claims-of-charging-companies-for-tax-ids/#respond Sat, 20 Apr 2024 04:57:07 +0000 https://www.theinfostride.com/?p=376080 The Corporate Affairs Commission (CAC) has debunked reports that its agency is demanding companies to pay for their Tax Identification Number (TIN) in the country. In a circular signed by the management on Friday, the commission said it noticed flood of emails that did not emanate from them targeting directors of newly incorporated companies with [...]

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]]> https://www.theinfostride.com/cac-denies-claims-of-charging-companies-for-tax-ids/feed/ 0 CAC, NFIU strengthen collaboration against illicit funds https://www.theinfostride.com/cac-nfiu-strengthen-collaboration-against-illicit-funds/ https://www.theinfostride.com/cac-nfiu-strengthen-collaboration-against-illicit-funds/#respond Sun, 17 Mar 2024 13:55:45 +0000 https://www.theinfostride.com/?p=373288 The Corporate Affairs Commission has pledged to strengthen its relationship with the Nigeria Financial Intelligence Unit to ensure Nigeria exits the Financial Action Task Force’s grey list. The Registrar-General and Chief Executive Officer of the CAC, Ishaq Magaji, stated this on Friday while receiving the Director/CEO of the NFIU, Hafsat  Bakari, on a courtesy visit [...]

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]]> https://www.theinfostride.com/cac-nfiu-strengthen-collaboration-against-illicit-funds/feed/ 0 CAC States Content Creators Must Register and Pay Taxes https://www.theinfostride.com/cac-states-content-creators-must-register-and-pay-taxes/ https://www.theinfostride.com/cac-states-content-creators-must-register-and-pay-taxes/#respond Wed, 14 Feb 2024 23:22:14 +0000 https://www.theinfostride.com/?p=370520 The Corporate Affairs Commission (CAC) has reportedly announced that content creators must register their businesses and fulfill tax obligations. This directive brings attention to the regulatory landscape for content creators and their compliance requirements. As Infostride News closely monitors these developments, comprehensive coverage will be provided, including insights into the registration process, tax obligations, and [...]

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]]> https://www.theinfostride.com/cac-states-content-creators-must-register-and-pay-taxes/feed/ 0 Corporate Leniency: CAC Grants Companies Extra Time, Shifts Annual Returns Deadline to April 2024 https://www.theinfostride.com/corporate-leniency-cac-grants-companies-extra-time-shifts-annual-returns-deadline-to-april-2024/ https://www.theinfostride.com/corporate-leniency-cac-grants-companies-extra-time-shifts-annual-returns-deadline-to-april-2024/#respond Fri, 29 Dec 2023 20:29:29 +0000 https://www.theinfostride.com/?p=365972 Infostride News reported that the Corporate Affairs Commission (CAC) has approved an extension for companies to submit their annual returns, extending the deadline from January 1 to April 1, 2024. The announcement, made on December 28, 2023, revealed that the extension was necessitated by glitches on the Company’s Registration Portal (CRP) and in consideration of [...]

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]]> https://www.theinfostride.com/corporate-leniency-cac-grants-companies-extra-time-shifts-annual-returns-deadline-to-april-2024/feed/ 0 Mass Delisting Looms: CAC Targets 91,843 Companies Over Annual Returns Neglect https://www.theinfostride.com/mass-delisting-looms-cac-targets-91843-companies-over-annual-returns-neglect/ https://www.theinfostride.com/mass-delisting-looms-cac-targets-91843-companies-over-annual-returns-neglect/#respond Tue, 12 Dec 2023 11:31:53 +0000 https://www.theinfostride.com/?p=364048 In a bold move, the Corporate Affairs Commission (CAC) is gearing up to remove a staggering 91,843 companies from its register due to their failure to submit annual returns. This significant development comes on the heels of the commission’s recent publication of a list containing the names of the targeted companies on its official website. [...]

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]]> https://www.theinfostride.com/mass-delisting-looms-cac-targets-91843-companies-over-annual-returns-neglect/feed/ 0 Policy Pivot: CAC Abandons N100 Million Paid-Up Capital Requirement for Foreign Firms https://www.theinfostride.com/policy-pivot-cac-abandons-n100-million-paid-up-capital-requirement-for-foreign-firms/ https://www.theinfostride.com/policy-pivot-cac-abandons-n100-million-paid-up-capital-requirement-for-foreign-firms/#respond Mon, 11 Dec 2023 09:32:36 +0000 https://www.theinfostride.com/?p=363899 In a recent development, the Corporate Affairs Commission (CAC) has made a noteworthy reversal in its stance regarding the mandatory minimum paid-up capital for companies with foreign involvement operating in Nigeria. This significant change was communicated through a circular shared on the official X account of the commission last Friday. The initial requirement, which mandated [...]

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]]> https://www.theinfostride.com/policy-pivot-cac-abandons-n100-million-paid-up-capital-requirement-for-foreign-firms/feed/ 0 NCC sends emergency call solutions as operational call centers spikes nationwide https://www.theinfostride.com/ncc-sends-emergency-call-solutions-as-operational-call-centers-spikes-nationwide/ https://www.theinfostride.com/ncc-sends-emergency-call-solutions-as-operational-call-centers-spikes-nationwide/#respond Thu, 17 Mar 2022 14:06:19 +0000 https://www.theinfostride.com/?p=320730 The Nigerian Communications Commission (NCC) has commenced the deployment of Computer Aided Dispatch (CAD) solution with upgrade of emergency communication centres as operation centres increase. This development is in continuation with its vision and strategy to ensure promptness, effectiveness and efficiency in the handling of emergency call services through the Emergency Communication Centres (ECC). This [...]

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]]> https://www.theinfostride.com/ncc-sends-emergency-call-solutions-as-operational-call-centers-spikes-nationwide/feed/ 0 The use of common seal by companies is now optional – CAC https://www.theinfostride.com/the-use-of-common-seal-by-companies-is-now-optional-cac/ https://www.theinfostride.com/the-use-of-common-seal-by-companies-is-now-optional-cac/#respond Sat, 11 Dec 2021 15:54:57 +0000 https://www.theinfostride.com/?p=314459 The Corporate Affairs Commission has disclosed that the use of common seal by companies is no longer mandatory but rather optional. This is part of the legislation under the new Companies and Allied Matters Act CAMA 2020. According to a statement signed by CAC’s Head of Media, Mr Rasheed Mahe, this was made known by [...]

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]]> https://www.theinfostride.com/the-use-of-common-seal-by-companies-is-now-optional-cac/feed/ 0 We have finalized the incorporation of NNPC Limited – CAC https://www.theinfostride.com/we-have-finalized-the-incorporation-of-nnpc-limited-cac/ https://www.theinfostride.com/we-have-finalized-the-incorporation-of-nnpc-limited-cac/#respond Wed, 29 Sep 2021 17:02:17 +0000 https://www.theinfostride.com/?p=309190 The Corporate Affairs Commission (CAC) on Wednesday, announced that it has successfully finalized the incorporation of Nigerian National Petroleum Company (NNPC) Limited in accordance with the provisions of the Petroleum Industry Act (PIA), 2021 which was signed into law by President Muhammadu Buhari on August 16. This was established shortly after President Buhari ordered the [...]

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]]> https://www.theinfostride.com/we-have-finalized-the-incorporation-of-nnpc-limited-cac/feed/ 0 Code of Conduct Bureau can access database to probe fraudulent companies – CAC https://www.theinfostride.com/code-of-conduct-bureau-can-access-database-to-probe-fraudulent-companies-cac/ https://www.theinfostride.com/code-of-conduct-bureau-can-access-database-to-probe-fraudulent-companies-cac/#respond Sun, 05 Sep 2021 23:39:38 +0000 https://www.theinfostride.com/?p=307319 The Corporate Affairs Commission (CAC) has moved to grant the Code of Conduct Bureau (CCB) access to its database to probe fraudulent companies. The action is part of the commission’s effort aimed at collaborating with anti-corruption agencies in the fight against corruption especially in the investigation of companies with suspicious activities. This was disclosed by the [...]

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]]> https://www.theinfostride.com/code-of-conduct-bureau-can-access-database-to-probe-fraudulent-companies-cac/feed/ 0 CAC Develops New Technology For Company’ Registration https://www.theinfostride.com/cac-develops-new-technology-for-company-registration/ https://www.theinfostride.com/cac-develops-new-technology-for-company-registration/#respond Wed, 11 Nov 2020 15:43:40 +0000 https://www.theinfostride.com/?p=274204 The Corporate Affairs Commission, has announced the completion of work on technology that will change the mode of company registration in Nigeria, to meet up with global standards. Corporate Affairs Commission’ Registral General, Alhaji Garba in his words stated that the new technology will be adopted immediately as the gazetting is accomplished, which will enable [...]

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]]> https://www.theinfostride.com/cac-develops-new-technology-for-company-registration/feed/ 0 Nigerian Government Set To Control MDAs’ Spending https://www.theinfostride.com/nigerian-government-set-to-control-mdas-spending/ Tue, 15 Dec 2015 09:04:21 +0000 http://www.theinfostride.com/?p=112812 The Minister of Finance, Mrs Kemi Adeosun has issued a circular on the guidelines regarding budgeting, revenue and expenditure aimed at ensuring that federal government Ministries, Departments, and Agencies (MDAs) remit revenue and generate operating surpluses which by law ought to be credited as Consolidated Revenue Fund (CRF). According to the report from the Publicity [...]

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