Navigating legal requirements for small businesses in Nigeria
Navigating the various legal requirements ensures your business can operate smoothly and avoid legal liabilities and trouble.
Tag: Corporate Affairs Commission
CBN licence revocation: CAC asks 4,173 BDCs to change name or face dissolution
The Corporate Affairs Commission (CAC) has asked the 4,173 Bureau De Change companies whose licences were recently revoked by the ...
Court orders CAC to restore 56-Year-Old Osinowo Properties Limited to Registered Companies list
The court has ordered the CAC to restore a 56-year old company to its list of registered companies.
CAC sets N100 million as paid-up capital for foreign participation in Nigerian companies
The Corporate Affairs Commission (CAC) has set the minimum paid-up capital for Nigerian companies with foreign interest to N100 million. ...
CAC launches Beneficial Ownership Register (BOR) platform for more transparency
The new platform makes it easy to search for information on persons with significant control (PSC)
Fidelity Bank secures approval for private placement of unissued ordinary shares
Fidelity Bank Plc has secured the approval of its shareholders to issue its unissued ordinary shares by way of the ...
NIN numbers to replace signatures for business registration- CAC
The Corporate Affairs Commission (CAC) has stated that National Identification Number (NIN) would replace signatures required by applicants for business ...
CAC explains why private schools now register as limited liability companies and not business name
CAC has provided reason why it commenced the registration of private schools as limited liability companies and not as a ...
FG approves Insolvency Regulations for 2022
The CAC has announced that the Minister of Industry, Trade and Investment has approved the Insolvency Regulations (IR) 2022.
CAC says use of common seal by companies is no longer mandatory but optional
The Corporate Affairs Commission has announced that the use of common seal by companies is no longer mandatory but rather ...
