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GUIDELINES FOR RECAPITALIZATION OF BANKS AND OTHER FINANCIAL INSTITUTIONS

By |2025-01-09T09:41:50+01:00July 29th, 2024|Uncategorized|

The Corporate Affairs Commission pursuant to its powers under Section 8 (1) (e) of the Companies and Allied Matters Act (CAMA) No. 3 of 2020 issues the below Guidelines for the recapitalization of Banks and other Financial Institutions – 1.New Incorporation Documentary and other Requirements: Approved Name Reservation or Availability Approval-in-Principle from Sector Regulator Duly

NOTICE OF INTENTION TO CANCEL CERTIFICATES OF INCORPORATION OF BUREAU DE CHANGE COMPANIES WHOSE LICENSES WERE REVOKED BY THE CENTRAL BANK OF NIGERIA.

By |2025-01-09T09:41:50+01:00July 10th, 2024|Uncategorized|

The general public is hereby informed that following the revocation of the operational licenses of 4,173 Bureau De Change companies by the Central Bank of Nigeria vide a Federal Republic of Nigeria Official Gazette (Vol. 111) No. 37 of February 27, 2024 for non compliance with Regulatory Standards, the Corporate Affairs Commission in exercise of

REVOCATION OF CERTIFICATES OF INCORPORATION

By |2025-01-09T09:41:50+01:00April 25th, 2024|Uncategorized|

The General Public is hereby informed that the Commission sequel to its powers contained in Section 41 (7) of the Companies and Allied Matters Act No 3 of 2020 revoked the Certificates of incorporation of the below mentioned companies because same were improperly procured. These companies are:   NIPOST Transport and Logistics Services Company Ltd

PUBLIC NOTICE ON THE INTRODUCTION OF NEW EMAIL ADDRESS

By |2023-12-01T12:56:00+01:00December 1st, 2023|Uncategorized|

We would like to inform the public that the Corporate Affairs Commission has introduced a new email address; correctspu@cac.gov.ng to enhance communication and provide better services to our esteemed clients. Effective immediately, the email address, correctspu@cac.gov.ng is specifically designated for matters related to corrections regarding company information. This change is intended to ensure that your

PUBLIC NOTICE ON THE USE OF activation@cac.gov.ng

By |2023-11-27T12:06:00+01:00November 27th, 2023|Uncategorized|

Effective November 30th 2023, all activation requests sent to spu@cac.gov.ng and correctspu@cac.gov.ng will not be attended to. Henceforth, all activation requests for Company status should be directed to the designated email address: activation@cac.gov.ng We kindly request all our esteemed customers to utilize the designated email address for submitting activation requests. This measure is aimed at

PUBLIC NOTICE: COMMENCEMENT OF STRIKING OFF COMPANIES FROM THE REGISTER

By |2023-08-30T01:38:40+01:00July 31st, 2023|Uncategorized|

The General Public is hereby informed that the Corporate Affairs Commission (the Commission) has commenced the process of striking off companies that have not complied with the provisions of the Companies and Allied Matters Act 2020 from the Register in accordance with the requirements of the Act. Names of the companies to be struck off

BENEFICIAL OWNERSHIP REGISTER: WHAT YOU NEED TO KNOW

By |2023-06-15T08:28:11+01:00June 15th, 2023|

NIGERIA OPEN CENTRAL REGISTER OF PERSONS WITH SIGNIFICANT CONTROL (BENEFICIAL OWNERSHIP REGISTER): WHAT YOU NEED TO KNOW On Thursday, 25 May 2023, Nigeria launched its Open Central Register of Beneficial Ownership (known as the Persons with Significant Control (PSC) Register) in line with its commitment at the Anti-Corruption Summit held in London on 12th

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