Category: Business

CAC receives SERVICOM Award for Excellence in Customer Service Delivery

Lukman Laleye Babalola

The Corporate Affairs Commission (CAC) has been honored with the Award of Excellence as the 2024 2nd Best Performing Public Service Unit (PSU, Team A) by the SERVICOM Office. This prestigious award recognized the Commission’s continued dedication to delivering outstanding customer service through its SERVICOM Unit.   The SERVICOM Office commended the CAC for its sustained efforts to improve citizen-focused service delivery, urging the Commission to maintain its high service standards for all Nigerians in support of good governance.   The award was presented to the CAC during the 2024…

CAC promotes 250 Staff ,reinforces commitment to Career Growth

Lukman Laleye Babalola

The Corporate Affairs Commission (CAC) has promoted 250 staff members to various ranks across its offices nationwide, underscoring its commitment to staff career progression and organizational growth.   The promotions followed the successful conduct of the 2023 promotion examinations held on 16th November, 2024, at designated centres in Abuja and Lagos.   In a ceremony held today, the Registrar-General/CEO of the CAC, Hussaini Ishaq Magaji, presented promotion letters to four newly elevated directors. Congratulating the successful staff, Magaji urged them to remain dedicated to their roles and contribute to the…

BOI: Group commends Olusi over Economy Policies delivery

Emporium Reporters

Civil Society Groups for Economic Recovery (CSGER), a coalition of over 76 civil society organizations, has commended the management of the Bank of Industry (BOI), led by Dr. Olasupo Olusi, for driving various sustainable economic initiatives for improved service delivery to Nigerians. . In a communique issued and signed in Abuja after it’s annual Board meeting and review of economic recovery initiatives of BOI, the National Coordinator, Comrade Matekai Lawrence, applauded Dr. Olusi’s approaches which he described as impactful and revolutionary. According to Matekai, the BOI has demonstrated high level…

CAC, House of Representatives collaborate to strengthen CSR Compliance in Nigeria

Lukman Laleye Babalola

The Corporate Affairs Commission (CAC) and the House of Representatives have partnered to improve the implementation of Corporate Social Responsibility (CSR) practices across Nigeria. Their collaboration focused on enhancing transparency, accountability, and encouraged businesses to disclose their CSR activities and performance.   This resolution was reached during a meeting in Abuja between the Chairman of the House of Representatives Committee on CSR, Hon. Prof. Oby Lilian Orogbu, and the Registrar-General/CEO of CAC, Hussaini Ishaq Magaji. The meeting marked a significant step toward fostering a more responsible and transparent business environment.…

Makems Jewellery dazzles Abuja at 2024 Exhibition, supports FG’s push for Local Content

Lukman Laleye Babalola

Makems Jewellery, an Abuja-based rising star in the jewellery industry, lit up the Capital city with its highly-anticipated 2024 Jewellery Exhibition. Held on December 7 at the Glowing Ages Academy in Kaura District.The event drew fashion enthusiasts and potential clients eager to explore a stunning array of locally-crafted and imported jewellery pieces. The showcase, blending contemporary and vintage designs, highlighted Makems’ commitment to promoting the Federal Government’s local content policy. Attendees marveled at the unique handmade jewellery collections, including necklaces, bangles, earrings, and bracelets tailored to suit every style. Miss…

e tranzact Debuts Two Products, ‘Unveiling Innovation’. ….. To Simplify Enterprise, Life Style Payments for Everyone.

Abubakar Yusuf

By Abubakar Yusuf.     To revolutionise payments and transaction in line with the global trends , e tranzact has launched a new platform known as “Unveiling Innovation ” geared towards simplifying enterprises, life style payments for everyone.   The event held on Tuesday at the headquarters along the Headquarters of Nigeria National Petroleum Corporation Limited NNPCL, Abuja was chaired by Kaduna State Governor , Senator Uba Sani.   The one day event powered by Pocket Moni, Credo and Pocket Moni ‘spend,save and invest ‘along with ‘refreshed and revamped template’…

CAC partners AMMBAN to formalise unregistered Business,boost Financial Inclusion

Lukman Laleye Babalola

The Corporate Affairs Commission (CAC) has partnered with the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) to advance the formalization of unregistered businesses and enhance financial inclusion across the country.   This announcement was made during a meeting in Abuja, where the Registrar-General/CEO of CAC, Hussaini Ishaq Magaji, who was represented by Director Compliance Justin Nidia Biraol. Magaji emphasized the importance of business registration as a key driver for economic growth, highlighting the Commission’s dedication to supporting businesses at every level, from local to multinational.   Dr.…

Revolutionizing Corporate Administration: Hussaini Ishaq Magaji’s Achievements as CAC Registrar-General ,By Lukman Laleye Babalola

Lukman Laleye Babalola

Since his appointment as Registrar-General of the Corporate Affairs Commission (CAC) on October 16, 2023, Hussaini Ishaq Magaji, SAN, has implemented groundbreaking reforms aimed at transforming Nigeria’s corporate landscape. His tenure has been marked by strategic innovation, digital transformation, and enhanced service delivery, positioning the CAC as a critical driver of economic growth and formalization in Nigeria. One of Magaji’s standout achievements is the deployment of an AI-powered business registration interface designed to streamline operations and reduce registration time to an unprecedented five minutes. The enhanced online portal now allows…

South Africa seeks Nigeria’s Lithium for EV Batteries, backs Nigeria’s G20 Bid

Lukman Laleye Babalola

Cape Town, South Africa – President Cyril Ramaphosa has announced South Africa’s interest in partnering with Nigeria to harness its lithium reserves, a critical mineral for electric vehicle (EV) battery production. This collaboration aims to accelerate the green energy transition and boost clean energy manufacturing on the continent.   Speaking at the Nigeria-South Africa Business Roundtable on Tuesday, President Ramaphosa highlighted the importance of leveraging Nigeria’s vast lithium resources for industrialisation in the EV sector. He called on the private sector and financial institutions to support infrastructure development and manufacturing…

Gov Okpebholo woos Investors to Edo …… Pledges business-friendly Environment

Lukman Laleye Babalola

Edo State Governor, Senator Monday Okpebholo, said his administration will create a business friendly environment to attract investors to the State. Governor Okpebholo disclosed this on Tuesday when he inspected facilities at a private steel manufacturing company located in Ogua Community of Ikpoba-Okha Local Government area of the State, promising a conducive and enabling environment for businesses to thrive. While he thanked the company’s management for contributing to the growth and development of the State, the Governor appealed to them to be faithful in their social responsibility to the people…