14th May 2025
CAC Sets 6-Week Deadline to Register Unregistered Businesses in Nigeria
On 29 April 2025, the Corporate Affairs Commission (CAC) issued a public notice restating the legal prohibition against operating under unregistered business names or acronyms. While the directive does not introduce new obligations, it reinforces existing provisions under the Companies and Allied Matters Act (CAMA) and imposes a strict 6-week compliance window.
The move signals the CAC’s intent to strengthen corporate transparency, protect the public from fraudulent entities, and enhance traceability within Nigeria’s business landscape.
In view of this, affected businesses are advised to urgently review their operational practices including naming conventions and digital disclosures, to ensure alignment with their registered status.
For support in navigating the regulatory requirements or undertaking remedial filings, please contact TEMPLARS Managing Counsel Head of the Abuja Office, Inna Ali or Associate, Nafisa Haliru.
Related posts
24 April 2025
NDPC Issues the Nigeria Data Protection Act General Application and Implementation Directive 2025
On 20 March 2025, the Nigeria Data Protection Commission (NDPC) issued the General Application and Implementation Directive (GAID) 2025 to operationalise the Nigeria Data Protection Act (NDPA) 2023.
26 February 2025
Cybersecurity Incident Response and Crisis Management Framework in Nigeria
As Nigeria’s digital economy grows, so do cyber threats like fraud, hacking, and data breaches, putting businesses and individuals at risk. Businesses that fail to prepare could face financial loss, reputational damage, and legal consequences.
20 February 2025