CAC Moves to Delist 100,000 Nigerian Companies

One hundred thousand companies have been placed on notice for removal from Nigeria’s official register of businesses, as the Corporate Affairs Commission pushes ahead with one of the most sustained cleanups the country’s corporate database has ever seen. The Commission disclosed the fresh round in a public notice signed by its management on Wednesday, describing…

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Nigeria Leads African Economy but Lags Globally - IMD

Nigeria Leads African Economy but Lags Globally – IMD

Nigeria has retained its position as Africa’s largest economy while slipping further down international competitiveness rankings. The latest Global Competitiveness Report highlights a stark divergence between raw economic size and systemic productivity. The country outperformed continental rivals in gross domestic product, largely driven by resilient service sectors and a massive domestic market. However, severe infrastructural…

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