CAC unveils new stipulations for online business name modifications

The Corporate Affairs Commission, CAC, has revealed fresh obligatory conditions for all requests concerning Business Name Online Updates. In a bulletin entitled “Crucial Notice for Business Name Update,” shared on its official X account on Wednesday, CAC articulates: “With immediate effect, every Business Name Online Update request must encompass: -Date of Birth -Registered Office Email…

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Multiple taxation, financial burdens, stifling our businesses – Ogun MSMEs

Vendors within the Micro, Small and Medium Enterprises (MSME) sector in Ogun State have voiced their frustrations regarding the daunting challenge of securing loans from financial institutions. They attribute their struggles to inadequate collateral, unfavorable credit histories, and exorbitant interest rates, which relentlessly edge their businesses toward collapse. These entrepreneurs also pointed out that erratic…

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Lagos attracted over N50 billion investment in one year- Commissioner

Lagos State has attracted over N50 billion investment through Foreign Direct Investment (FDI) and Domestic Direct Investment (DDD) in the last one year, Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Ambrose-Medebem said yesterday. She was giving a report of her ministry’s activities at the ongoing press briefing to mark the first year of…

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