Tag: Corporate Affairs Commission

The Corporate Affairs Commission (CAC) has said it would soon delete a total of 100,000 registered companies from its database.  The CAC Registrar-General/CEO, Garba Abubakar, revealed this in Lagos while speaking at a Training Workshop on the use of the Beneficial Ownership Register (BOR). According to him, the companies to be deleted have failed to file annual returns in the last ten years, hence due to be struck-off its register. Abubakar said that the Commission would soon send notices of striking off to the affected companies before embarking on the…

The Corporate Affairs Commission, (CAC), has debunked a series of online publications in respect of several allegations leveled against it by its former staff union, AUPCTRE, over an alleged N6.5bn fraud, which the union claimed the CAC staff and the NLC were tackling against its Registrar-General/CEO, Garba Abubakar. Picture caption: CAC Registrar-General, Alhaji Garba Abubakar The CAC, in an issued press statement, signed by its Director, Public Affairs, Duke Ukaga, said the online article is a figment of the imagination of its sponsors. According to the CAC, “the write-up is…