Buhari signs Amended Companies and Allied Matters Bill

on Friday assented to the Companies and Allied Matters Bill, 2020 recently passed by the National Assembly.

The statement reads: “The President’s action on this important piece of legislation, therefore, repealed and replaced the extant Companies and Allied Matters Act, 1990, introducing after 30 years, several corporate legal innovations geared toward enhancing ease of doing business in the country.1.

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