CAC

The Corporate Affairs Commission (CAC) is pushing for the harmonisation and centralisation of Nigeria’s beneficial ownership registers, saying fragmented corporate ownership data could create gaps that enable illicit financial flows

The initiative is designed to address one of Nigeria’s long-standing infrastructure gaps: the difficulty of accurately identifying and locating people, businesses and properties, particularly in areas where formal street addresses are limited or unreliable.

The Corporate Affairs Commission has given about 100,000 companies 90 days to comply with statutory filing requirements or risk being struck off its register. Affected companies must file outstanding Annual Returns and disclose Beneficial Ownership information to avoid...

April 15, (THEWILL) — Nigeria’s Corporate Affairs Commission (CAC) has confirmed that its digital infrastructure has been hit by a cybersecurity breach involving unauthorised access to parts of its systems. In a public notice issued on Wednesday, the Commission disclosed...

February 10, (THEWILL) — The Corporate Affairs Commission (CAC) has announced the commencement of a free business name registration initiative aimed at supporting 3,500 small businesses across Nigeria. The initiative is part of CAC’s ongoing efforts to promote entrepreneurship, encourage...

December 11, (THEWILL) — The Corporate Affairs Commission (CAC) has introduced new mandatory requirements for all online Business Name update requests, aiming to improve monitoring and streamline the ease of doing business. In a notice titled “Important Notice for...

September 23, (THEWILL) — The Corporate Affairs Commission (CAC) has disclosed plans to deploy Artificial Intelligence (AI) to clear about 7,000 backlog of company registration applications. Registrar-General of the CAC, Hussaini Magaji, who disclosed this at a stakeholders’ forum in...

August 31, (THEWILL) — The Corporate Affairs Commission has extended the commencement of its revised service fees to October 1, 2025. This is the second postponement of the implementation date, as the Commission continues efforts to stabilise its new...

July 08, (THEWILL) – The Corporate Affairs Commission (CAC) has extended the registration deadline for all Point of Sale Operators (POS) by an extra sixty days to make room for those who couldn’t register because of technical issues. THEWILL recalls...

February 11, (THEWILL) - The Chartered Institute of Taxation of Nigeria (CITN) has appointed its first female Acting Registrar/Chief Executive, Mrs. Afolake Olawumi Oso. This was announced by the CITN Director, Corporate and Internal Services, Mrs Oyeronke Ojo, in a...