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Nigeria

Nigeria Forum/News

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CAC gives unregistered businesses six-week deadline, warns of jail term

punchng.com/cac-gi...

submitted 10 months ago by uzong

CAC gives unregistered businesses six-week deadline, warns of jail term

submitted 10 months ago by uzong

CAC gives unregistered businesses six-week deadline, warns of jail term
  • The Corporate Affairs Commission in Nigeria has given businesses six weeks to register their names or acronyms to avoid prosecution and possible imprisonment.
  • This warning comes after the collapse of a fraudulent cryptocurrency scheme that defrauded Nigerians of a significant amount of money.
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