The Corporate Affairs Commission (CAC) has given unregistered businesses across Nigeria a six-week window to formalise their operations by registering with the Commission. CAC, in a statement on Tuesday, warned that those who fail to comply may face legal consequences, including possible imprisonment. The Commission cited Section 863 of the Companies and Allied Matters Act (CAMA), 2020, noting that running a business in Nigeria without proper registration—whether as a company, limited liability partnership, limited partnership, or under a business name—is a criminal offence. READ ALSO: Ben & Jerry’s CEO sacked amid ongoing dispute with parent company Unilever CAC added that the…
Author: Friday Omosola
A General Court Martial (GCM) sitting at the Headquarters, 82 Division, Nigerian Army, Enugu, has sentenced a soldier, Private Adamu Mohammed, to death by hanging for killing his girlfriend, Hauwa Alli. The same court also jailed another soldier, Private Abubakar Yusuf, for 10 years for robbery. A statement by Lt. Col Jonah Unuakhalu, Acting Deputy Director of 82 Division Army Public Relations, said, “The sentences were handed down after due consideration for the offences of murder and robbery for which the soldiers stood trial”. The GCM, composed of 11 members, was inaugurated by the General Officer Commanding 82 Division, Nigerian…
The Minister of Agriculture and Food Security, Abubakar Kyari, has called for the urgent development of climate-smart seeds to address Nigeria’s food security challenges and boost economic growth. Kyari made this call during a meeting with the newly appointed Board Chairmen of Agricultural Research Institutes and Colleges, held recently in Abuja. Highlighting the impact of climate change on agricultural productivity, the minister urged the institutions to prioritise research into drought-resistant, heat-tolerant, and high-yielding seed varieties. READ ALSO: Kyari reveals NNPCL remitted N10trn in 2024, seeks fuel subsidy audit According to him, “Climate change is here to stay. We must adapt by…
Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Shehu, has announced a plan to review the existing revenue allocation formula and the remuneration packages for political and public office holders. Shehu said this during the opening ceremony of a 2025 retreat for newly inaugurated members of the Commission, held in Uyo, Akwa Ibom State. He said the Commission is the custodian of the fiscal soul of the federation. READ ALSO: Zamfara health workers urge govt to resolve salary irregularities, warn of complete shutdown Shehu urged governments at all levels to invest in non-oil sectors such as agriculture, tourism,…
The Chief Justice of Nigeria, CJN, Justice Kudirat Kekere-Ekun, has urged the Nigerian Bar Association (NBA) to take an active role in defending the dignity and independence of the judiciary. She made the appeal in a statement issued by Tobi Soniyi, her Media Adviser. Addressing concerns raised by members of the NBA Bar and Bench Forum over increasing threats to judicial officers, Kekere-Ekun lamented the surge in unfounded allegations of corruption against judges. READ ALSO: Court frees Ex-CJN Onnoghen of false assets declaration conviction She described many of these petitions as lacking merit and intended solely to harass or exert pressure…
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has called on members of the All Progressives Congress (APC) to set aside personal ambitions and rally behind President Bola Tinubu’s re-election bid in 2027. Speaking during an appearance on Channels Television’s ‘Politics Today’, he argued that the President requires a second term to consolidate and complete his reform agenda. READ ALSO: We won’t revoke licence of Oyedepo church’s airstrip – Keyamo Keyamo stressed that continuity in leadership is critical to the success of Tinubu’s policy initiatives, many of which he said are still in progress. “It would be a serious setback…
Governor Babajide Sanwo-Olu of Lagos State has responded to recent comments made by former Anambra State Governor and Labour Party 2023 presidential candidate, Peter Obi, at Johns Hopkins University, Baltimore, Maryland, United States. During his address, Obi criticised not only the current Nigerian government but also the country itself, describing rising poverty levels and expressing concern over the administration’s economic policies. Reacting, Sanwo-Olu in a statement on his X page on Monday described Obi’s remarks as ‘disparaging’. He stressed that while Nigerians abroad need not defend any government, they have a patriotic duty to present Nigeria positively on the global…
Lagos State has received a significant boost to its economic reputation, as Fitch Ratings upgraded its Long-Term Foreign and Local-Currency Issuer Default Ratings (IDRs) from ‘B-’ to ‘B’. In a statement released on the state government’s Facebook page on Monday, three other states – Kaduna, Kogi, and Oyo – also benefitted from the upgrade. According to the statement, the internationally renowned rating agency announced that the outlook for all four states remains stable, in line with the recent upgrade of Nigeria’s sovereign rating from ‘B-’ to ‘B’ on 11 April 2025. According to Fitch, the improved sovereign rating reflects greater…
The National Chairman of the All Progressives Congress (APC), Abdullahi Ganduje, has expressed confidence that more opposition governors will soon defect to the ruling All Progressives Congress, APC. Ganduje made this statement on Monday during the official welcome ceremony held in Asaba for Delta State Governor Sheriff Oborevwori and his predecessor, Ifeanyi Okowa, both of whom recently left the Peoples Democratic Party (PDP) for the APC. The defection of Oborevwori and Okowa, along with other major political stakeholders in Delta State, effectively ended the PDP’s nearly 26-year dominance in the state. READ ALSO: Delta gov Oborevwori, Okowa join APC The two…
The Federal Government (FG) has sounded the alarm over an escalating wave of cyber slavery affecting parts of West Africa. This warning follows revelations by the United States Federal Bureau of Investigation (FBI) that nearly $65 million was lost over the past two years to financially motivated sextortion schemes, reportedly involving Nigerian nationals. In a statement released by Kimiebi Ebienfa, spokesperson for the Ministry of Foreign Affairs, the government warned that these scams primarily target Nigerian citizens, with vulnerable young people being the main victims. The statement detailed how numerous Nigerian youths, including minors, are being enticed to leave the…