CAC Wipes Out 400,000 Firms As It Cleans Up Company Register
The Corporate Affairs Commission (CAC) has deregistered over 400,000 companies in 2025 over prolonged inactivity and failure to meet statutory requirements, in a move to sanitise the countryโs corporate register. Registrar-General of the commission, Mr Hussaini Magaji, who disclosed this during activities marking the CACโs 35th anniversary in Abuja at the weekend, said the exercise…
