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CAC Demonstrates 48-hour Company Registration Process

The Corporate Affairs Commission (CAC) demonstrated on Wednesday that business owners in Nigeria can now conveniently register their businesses online within 48 hours. At a CAC Customers’ Forum in Lagos organised in collaboration with the Presidential Enabling Business Environment Council (PEBEC), the CAC Registrar-General, Mr....

Cleaning the MDAs through Forensic auditing

The Federal Government has ordered all Ministries, Departments and Agencies (MDAs) to prepare an inventory of all fixed assets held as at 31st December 2016 to facilitate physical verification of all assets owned by the MDAs by its project team. As a matter of...

Nigeria Not Imposing New Taxes

Nigeria has no plans to impose new taxes but to expand the scope of Value Added Tax (VAT) in a drive for additional revenue. Mr Laolu Akande, the Senior Special Assistant to the Vice President on Media and Publicity, said that government was also not...

Over 80% of MSMEs Not Registered — CAC

Out of a total of 37 million Micro Small and Medium Enterprises in the country, about five million, representing 13.51 per cent, are registered, the Corporate Affairs Commission has said. This indicates that 86.49 per cent of the MSMEs currently in operation are not registered...

FG Reappoints Bello Mahmud as RG CAC

FG Reappoints Bello Mahmud as RG CAC President Goodluck Jonathan has approved the reappointment of Malam Bello Mahmud for a second term in office as Registrar General and Chief Executive of the Corporate Affairs Commission (CAC). Mahmud, whose tenure as chief executive officer of the Commission...