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The Corporate Affairs Commission (CAC) of Nigeria was established in 1990 vide Companies and Allied Matters Act no 1 (CAMA) 1990 [1] as amended, now on Act cap C20 Laws of Federation of Nigeria. [2] Its establishment, structure, and funding are now governed by the Companies and Allied Matters Act 2020 [3] It is an autonomous body charged with ...
All these government agencies and parastatals send top representatives on the CAC board. On Thursday, 25 May 2023, Nigeria launched its Open Central Register of Beneficial Ownership (known as the Persons with Significant Control Register) in line with its commitment at the Anti-Corruption Summit held in London on 12 May 2016. [6]
Hussaini Ishaq Magaji SAN is a Nigerian lawyer, politician, and the current Registrar General of the Corporate Affairs Commission (CAC) of Nigeria. He was appointed to this position by President Bola Tinubu on 13 October 2023.
An Act to repeal the Companies and Allied Matters Act, Cap. C20, Laws of the Federation of Nigeria, 2004 and enact the Companies and Allied Matters Act, 2020 to provide for the incorporation of companies, limited liability partnerships, limited partnerships, registration of business names together with incorporation of trustees of certain communities, bodies, associations; and for related matters
Budget Office of the Federation (BOF) [24] Bureau of Public Procurement (BPP) [25] Central Bank of Nigeria (CBN) [26] Corporate Affairs Commission (CAC) [27] Debt Management Office (DMO) [28] Federal Inland Revenue Service (FIRS) [29] Federal Mortgage Bank of Nigeria (FMBN) [30] Fiscal Responsibility Commission (FRC) - defunct[3]
Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) works towards assisting small and medium scale enterprises to overcome poor infrastructure in the management of business operations and accessing financial services amongst other challenges. [1] The former director general of the agency Umar Dikko Radda had left in April 2022 to ...
Logo as of 2024. The Association of Accountants of Nigeria (AAN) was formed in 1960 with the goal of training accountants, and was established in part by Akintola Williams and F.C.O. Coker, with Coker acting as its first president. [3] ICAN was created by an Act of Parliament No. 15 on 1 September 1965 from existing accounting and auditing ...
The Securities and Exchange Commission (SEC) is the main regulatory institution of the Nigerian capital market. It is supervised by the Federal Ministry of Finance. [1] The Nigerian Stock Exchange (NSE) is privately owned and self-regulating, but the SEC maintains surveillance over it with the mandate of ensuring orderly and equitable dealings in securities, and protecting the market against ...