CAC Seeks Single Database to Link Nigeria’s Ownership Registers
By Oluwakemi Kindness The Corporate Affairs Commission, Corporate Affairs Commission, CAC, has called for a single national framework linking Nigeria’s three beneficial ownership registers, warning that fragmented systems could weaken transparency and accountability. The CAC Registrar-General and Chief Executive, Hussaini Ishaq-Magaji, made the call on Tuesday in Abuja, at a stakeholder workshop for journalists and […]
CAC Begins Process to Delist 100,000 Defaulting Companies
By Zainab Bakare The Corporate Affairs Commission (CAC) has begun the process of striking 100,000 companies off its register for failing to comply with statutory filing requirements. In a public notice issued on Wednesday, the Commission said the affected companies failed to file outstanding annual returns and other mandatory documents as required under the Companies […]
NCC, CAC Tighten Control Over Telecom Ownership Changes
By Oluwakemi kindness The Nigerian Communications Commission, NCC, and the Corporate Affairs Commission, CAC, have introduced stricter regulations governing ownership changes in telecommunications companies operating in Nigeria. Under the new directive, any transfer of ownership involving ten percent or more of the shares in a licensed telecommunications company must first receive a Letter of No […]
Nigeria Osaretin Wins Gold at African Cycling Championships
By Arinzechi Chukwunonso Nigeria’s Grace Osaretin delivered a golden performance on home soil, powering to victory in the Women Junior 1km Time Trial at the ongoing 2026 CAC Track African Championships in Abuja. The young Nigerian cyclist thrilled the home crowd with a dominant ride, clocking 1:14.380 to secure gold ahead of Egypt’s Joudy El […]
Nigeria secures Multiple Podium Finishes at Ongoing Africa Cycling Championships
By Arinzechi Chukwunonso Host nation Nigeria delivered an impressive performance at the ongoing 2026 CAC Track African Championships in Abuja, recording several podium finishes and strong outings across junior and elite categories on Friday. Nigeria’s standout performance came in the Women Junior Omnium where Ogbe Divine secured a bronze medal after finishing third overall with […]
Nigeria Makes History with First-Ever Elite Team Sprint Gold
By Arinzechi Chukwunonso Host nation Nigeria delivered a historic and electrifying performance on Wednesday at the 2026 CAC Track African Championships in Abuja, claiming its first-ever Men Elite Team Sprint gold medal and reinforcing its growing dominance in African track cycling. Backed by a roaring home crowd at the Velodrome of the Moshood Abiola National […]
Reps to Stop 2026 Budgets for 22 MDAs Over Lapses
By Oluwakemi Kindness The House of Representatives Public Accounts Committee (PAC) has moved to stop 2026 budgetary allocations to 22 federal Ministries, Departments and Agencies (MDAs) for repeatedly failing to account for public funds and ignoring legislative oversight. The affected agencies include the Nigerian Meteorological Agency (NiMet), Federal Housing Authority (FHA), Standards Organisation of Nigeria […]
Stop Enabling Non-Compliant Firms, CAC Tells Banks
By Oluwakemi Kindness The Corporate Affairs Commission (CAC) on Tuesday cautioned banks and other financial institutions against enabling non-compliant companies to operate. The CAC is also insisting that entities without full disclosure of their Persons with Significant Control (PSC) must not be allowed to enjoy legal or financial privileges. The Registrar-General of CAC. Hussaini Magaji […]
House Urges CAC to Harness Digital Tools to Empower Entrepreneurs
By Oluwakemi Kindness The House of Representatives has called on the Corporate Affairs Commission (CAC) to fully leverage digital tools and artificial intelligence to empower entrepreneurs and formalize Nigeria’s economy. Ahmed Munir-Lere, Chairman of the House Committee on Commerce, made the call on Monday in Abuja, during CAC’s 35th anniversary, warning that millions of Nigerian […]
CAC Unveils Staff Welfare Schemes at 35
By Oluwakemi Kindness The Corporate Affairs Commission (CAC) has introduced new welfare initiatives for its workforce, including housing, healthcare and vehicle support, as the Commission marks its 35th anniversary. Registrar-General, Hussaini Ishaq-Magaji, announced the schemes on Saturday during the Commission’s monthly fitness exercise in Abuja, held as part of the anniversary activities. He said the […]