12 results
- 10 Feb 2026
CAC Reports 248 Fake Companies to EFCC, Tackles Banks
Hussaini Magaji (SAN), registrar-general of the Corporate Affairs Commission, (CAC) has accused some banks and financial institutions of undermining Nigeria’s anti-corruption and compliance framework…
- 22 Sept 2025
CAC Unveils Measures to Ease Company Registration
Mr. Hussaini Ishaq-Magaji, SAN, registrar-general of the Corporate Affairs Commission (CAC), said the commission is determined to end delays in business registration and service delivery through new…
- 9 May 2024
CAC Says Operating PoS without Registration is Criminal Offence
Corporate Affairs Commission (CAC) has said that all financial technology operators (Fintechs) must register with the commission before July 7, 2024, noting that operating without registration is a…
- 6 Sept 2024
CAC Moves Against Unregistered POS Operators as Deadline Expires
The Corporate Affairs Commission (CAC) has begun moves to enforce its directive that Point of Sale (POS) operators should register with the commission. The registration directive gave POS operators…
- 28 Feb 2024
PalmPay Partners CAC to Register 219,000 Small Businesses
Per the Companies and Allied Matters Act (CAMA) 2020 provisions, leading fintech company PalmPay has partnered with the Corporate Affairs Commission (CAC) to register 219,000 small businesses to…
- 24 Oct 2023
CAC Uncovers 189 Fake Companies in Land Allocation Scandal
Corporate Affairs Commission (CAC) has made a startling revelation, uncovering a network of 189 fake companies that exploited fraudulent means to secure land allocations in the Federal Capital…
- 2 Jul 2025
CAC Launches AI-powered Business Registration Portal
Corporate Affairs Commission (CAC) has inaugurated the pilot take-off of its new Artificial Intelligence (AI)-powered registration portal. A statement issued by the commission explained that Malam…
- 10 Jul 2025
Financial Fraud in Nigeria Surges by 45 Percent, 70 Percent of Losses Linked to Digital Platforms – CBN
Central Bank of Nigeria (CBN) has raised the alarm over a significant rise in financial fraud cases in the country, revealing that fraud surged by 45% within one year, with 70 Percent of the…
- 20 May 2025
CAC, NIBSS Unveil Platform for Data Access to Private Firms
Corporate Affairs Commission (CAC) in partnership with the Nigeria Inter-Bank Settlement System (NIBSS) has unveiled a new Application Programming Interface (API) integration system to allow private…
- 7 Nov 2023
Ignore Messages on Free Company Registration-- CAC
Corporate Affairs Commission (CAC) yesterday urged Nigerians to disregard ongoing social media messages on free registration of business names and companies. The commission issued the warning in a…
- 4 Jul 2024
Moniepoint, SMEDAN set to launch Nigeria’s Informal Economy Report in Abuja
Africa’s fastest growing financial institution according to the Financial Times, Moniepoint MfB in conjunction with the Ministry of Industry, Trade, and Investment, and Small and Medium Enterprise…
- 7 May 2024
AMMBAN Decries CBN Directive on CAC Registration of PoS Operators
Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) has frowned at the recent directive by Central Bank of Nigeria that Point of Sale terminal operators should register with Corporate…
