Category: Business

RG CAC flags off monthly Staff Workout and Sensitization exercise

Lukman Laleye Babalola

The Registrar General,Corporate Affairs Commission (CAC)Hussaini Ishaq Magaji, SAN. has flagged off maiden edition of its monthly workout/sensitization exercise in a colourful fashion. The event, among others, is aimed at keeping the Commission’s workforce fit as well as sensitising the public on its activities and achievements.   Staff of the Commission turned out en masse as early as 6.30 am to be part of the history-making event flagged off by the Registrar-General/CEO of the Commission, Hussaini Ishaq Magaji, SAN.   A light aerobics session was held within the Commission’s headquarters…

SERVICE DELIVERY: Reps Committee on Commerce applauds RG CAC

Lukman Laleye Babalola

The House Committee on Commerce has applauded the Registrar-General,Hussaini Ishaq Magaji,for his commitment to ensuring prompt and efficient service delivery. The Chairman of the Committee, Honourable Ahmed Munir Lere, gave the commendation today when He led members of the Committee on a visit to the Commission as part of oversight function of Federal Government Agencies under the Ministry of Industry, Trade, and Investment.   Hon. Lere said the visit was to provide an opportunity for the Committee to familiarize itself with staff, the workings of the Commission, policies, challenges, and…

FG didn’t offer me any incentive to build Refinery, I Paid $100million for Land- Dangote

Emporium Reporters

Africa’s richest man, Aliko Dangote, has disclosed that the Federal Government did not give him any incentive to build his $20 billion refinery located at the Lekki Free Trade Zone. He stated that he paid $100 million for the land the refinery was built on.   Dangote disclosed this on Saturday when he received the leadership of the House led by Speaker Tajudeen Abbas and his deputy Benjamin Kalu.   According to him, “In the refinery, we did not, and I repeat, we did not collect one single incentive from…

CAC extends POS registration deadline to September 5

Lukman Laleye Babalola

The Corporate Affairs Commission (CAC) has extended the mandatory Point of Sales (POS) agents, super agents, and sole agents registration to September 5, 2024.   The commission made the announcement in a statement signed by its management and posted on its Facebook page on Saturday, July 6, 2024.   According to the statement, the extension is to give sufficient time to Fintech Operators particularly those in remote areas who might have encountered network challenges to register and continue with their businesses.   The statement read, “The Corporate Affairs Commission wishes…

CAC partners Lagos Govt to formalise unregistered businesses

Lukman Laleye Babalola

In a bid to facilitate the formalisation of tonnes of informal businesses in Nigeria’s commercial capital, the Corporate Affairs Commission and the Lagos State Government have agreed to partner. The move also aimed to engender integrity in the way businesses are conducted in accordance with President Bola Ahmed Tinubu’s Renewed Hope Agenda. This was revealed during a robust engagement between the Registrar-General/CEO Corporate Affairs Commission (CAC) Hussaini Ishaq Magaji, SAN, and the Lagos State Governor Babajide Sanwo-Olu, represented by his Deputy,Dr. Kadri Obafemi Hamzat. Speaking during the meeting, the Registrar-General…

ICSAN President commends CAC Registrar-General,confers honorary fellowship on him

Lukman Laleye Babalola

The Registrar-General of the Corporate Affairs Commission Hussani Ishaq Magaji, has been conferred with the Honorary Fellowship of the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) by the President and Council Members. The conferment was made today during a courtesy call on the Registrar-General by the President of ICSAN, Mrs. Funmi Ekundayo, FCIS who led members of the council to the Commission. The conferment formal ceremony would be held in September, 2024. In her remarks, the President thanked the RG for receiving them and also congratulated him on…

BRIPAN President lauds CAC RG’s transformational leadership

Lukman Laleye Babalola

The Leadership of the Business Recovery & Insolvency Practitioners Association of Nigeria (BRIPAN) has commended the Registrar-General of the Corporate Affairs Commission, Hussaini Ishaq Magaji,for his transformational leadership. The President of the Association, Chimezie Victor Ihekweazu, SAN, extolled the RG for bringing excellent and transformational innovations into the Commission’s services within a short stay in office. The Registrar General is been praised by BRIPAN leadership during a courtesy call on him today. He applauded the RG for making the business environment safe in Nigeria through the ongoing registration of FINTECH…

FINTECH Companies applaud CAC RG for seamless registration of POS Operators

Lukman Laleye Babalola

FINTECH Operators in Nigeria has commended Corporate Affairs Commission for speedy registration of their agents.   The Operators made the commendation today during a meeting between the Registrar General/CEO, Corporate Affairs Commission, Hussaini Ishaq Magaji, SAN with Fintech Companies representatives at the Commission’s Headquarters. The Registrar General in his opening remarks praised the Operators for honouring the invitation. He stated that the essence of the meeting was to review their performance with regards to the registration of their agents ,appreciate their efforts as well as ascertain their individual challenges with…

Palmpay MD hails CAC on seamless service delivery during visit to its bulk POS registration centre

Lukman Laleye Babalola

The Managing Director/ CEO Pamlpay, Mr. Chika Nwosu has applauded the Registrar General, Corporate Affairs Commission, Hussaini Ishaq Magaji, SAN for the robust relationship existing between the Commission and Palmpay that has resulted in the seamless registration of its agents. Mr Chika Nwosu made this assertion while on a courtesy visit to the Commission’s Bulk Registration Centre at its Wuse Zone 5 Office. He commended the Commission for creating a platform for the registration of its agents. In order to sustain this laudable venture and make the process user friendly,he…