CAC to crack down on dormant companies

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Dormant Companies

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The Corporate Affairs Commission has announced plans to delist companies that have failed to file their annual reports for over a decade. CAC disclosed this in a statement on Wednesday. The commission said it has identified a list of dormant companies that have neglected to submit their annual returns for 10 years. “This is…

CAC, however, gave the companies 90 days from the date of the statement to file all outstanding annual returns. The Corporate Affairs Commission has announced plans to delist companies that have failed to file their annual reports for over a decade. CAC disclosed this in a statement on Wednesday. The commission said it has identified a list of dormant companies that have neglected to submit their annual returns for 10 years. “This is…

Ahead of the August 1 hunger protests in Nigeria, the National Youth Council of Nigeria has initiated consultations and instructed its 104 affiliated youth organisations to remain on standby. In a communiqué released on Thursday following an emergency meeting of the National Executive, 36 state chairmen, and other stakeholders held via Zoom, the NYCN…

The Agenda for Good Governance in Nigeria has applauded the Minister of Aviation and Aerospace Development Festus Keyamo for the significant improvements in the nation's airports. The group said following an independent tour of the airports, it noticed first-hand that the airports have witnessed considerable upgrades in infrastructure development. A statement by its President,…

 

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