National Economy
Sunday, July 6, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

CAC To Delist Tax-defaulting Firms 

by Michael Ijeh
2 years ago
in Business, News
Reading Time: 1 min read
Share on FacebookShare on TwitterShare on Telegram

The plan by the Corporate Affairs Commission (CAC) to delist registered companies that had been failing to file their tax returns.

“About 100,000 business names and 10,000 incorporated trustees that have defaulted in the last 10 years will soon be published for striking off from the companies register.

“This is in accordance with the provisions of the Companies and Allied Matters Act (2020), ” CAC’s registrar-general, Alhaji Garba Abubakar, said in Abuja on Monday.

He said companies already earmarked for striking off the register were expected to comply within 90 days, failing which they would be delisted.

You May Like

ECS: NSITF Compensates 2 Beneficiaries With N23m

Tinubu Seeks Visa Waiver Deal With OECS Countries

Abubakar gave the explanation when the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) paid him a courtesy visit.

He said the step was also designed to engender compliance and strengthen CAC’s records in line with the Beneficial Ownership Register and to be in conformity with international best practices.

ICSAN’s president, Mrs Funmi Ekundayo, had earlier expressed the institute’s willingness to collaborate with the CAC to further enhance service delivery.

She applauded CAC’s reform initiatives, which, she said had led to improved service delivery.

“We appreciate achievements already recorded under the leadership of Alhaji Abubakar.

“As a stakeholder, the institute is ready to collaborate and partner with the CAC on ways to further enhance service delivery for the benefit of the economy,’’ she said.

Tags: CACTax-defaulting
ShareTweetShare
Previous Post

NADDC Commissions Solar-powered Electric Vehicle Charging  Station At UNN

Next Post

Aregbesola Launches APC Omoluabi Caucus

ANOTHER GOOD READ

ECS: NSITF Compensates 2 Beneficiaries With N23m
News

ECS: NSITF Compensates 2 Beneficiaries With N23m

5 days ago
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy
News

Tinubu Seeks Visa Waiver Deal With OECS Countries

5 days ago
Senator Jibrin Barau @66: Footprints Of A Political Powerhouse And Philanthropist
News

Senator Jibrin Barau @66: Footprints Of A Political Powerhouse And Philanthropist

6 days ago
Obasa: Chronicling A Decade Of Commanding Legislative Tour De Force   
News

Obasa: Chronicling A Decade Of Commanding Legislative Tour De Force  

6 days ago
KEDCO To Commission  N1.1bn Dawanau Network Expansion Project
News

KEDCO To Commission N1.1bn Dawanau Network Expansion Project

6 days ago
Oil Prices Uncertainty Frustrates Nigeria’s $5bn Loan Deal With Saudi Arabia
News

Oil Prices Uncertainty Frustrates Nigeria’s $5bn Loan Deal With Saudi Arabia

6 days ago
Next Post
Aregbesola Launches APC Omoluabi Caucus

Aregbesola Launches APC Omoluabi Caucus

Most Recent

ECS: NSITF Compensates 2 Beneficiaries With N23m

ECS: NSITF Compensates 2 Beneficiaries With N23m

July 1, 2025
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy

Tinubu Seeks Visa Waiver Deal With OECS Countries

July 1, 2025
Senator Jibrin Barau @66: Footprints Of A Political Powerhouse And Philanthropist

Senator Jibrin Barau @66: Footprints Of A Political Powerhouse And Philanthropist

June 30, 2025
Obasa: Chronicling A Decade Of Commanding Legislative Tour De Force   

Obasa: Chronicling A Decade Of Commanding Legislative Tour De Force  

June 30, 2025
17 States Confirm Plans To Host Olympic Day

17 States Confirm Plans To Host Olympic Day

June 30, 2025
NSC Commends Akeredolu For Driving Nigeria’s Flag Football Success

NSC Commends Akeredolu For Driving Nigeria’s Flag Football Success

June 30, 2025
We Are Ready To Host CAA U18/U20 Championships – LOC

We Are Ready To Host CAA U18/U20 Championships – LOC

June 30, 2025
PFL  Event: Ukah Eyes Thrilling Debut Against South African Ceileigh

PFL Event: Ukah Eyes Thrilling Debut Against South African Ceileigh

June 30, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy