RMAFC Sounds Alarm Over Sluggish Business Registration

RMAFC Sounds Alarm Over Sluggish Business Registration

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has issued a stark warning: Nigeria’s slow pace in onboarding new businesses is a direct threat to its economic competitiveness. During a high-level meeting in Abuja, Enefe Ekene, Chairman of RMAFC’s Investment Monitoring Committee, told the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, that the…

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FG Inaugurates New CAC Governing Board

FG Inaugurates New CAC Governing Board

The Federal Government has formally inaugurated the Governing Board of the Corporate Affairs Commission (CAC) and an Intellectual Property Steering Committee in Abuja. Dr. Jumoke Oduwole, the Minister of Industry, Trade, and Investment, presided over the ceremony, framing the commission as the foundational legal structure of the Nigerian economy. The board’s mandate is clear: enhance…

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Hackers Seize 750GB Of CAC Files As Nigeria’s Digital Defences Crumble

A sophisticated wave of ransomware attacks has battered Nigerian government agencies and tier-1 financial institutions over the past three weeks, exposing deep fragilities in the nation’s digitising economy. Reports from the National Information Technology Development Agency (NITDA) and the Corporate Affairs Commission (CAC) confirm that “coordinated and sophisticated” threat actors have breached critical infrastructure, causing…

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