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President Bola Tinubu has appointed Ibrahim Ida as the new Chairman of the Corporate Affairs Commission (CAC) while nominating seven individuals for commissioner roles at the National Population Commission (NPC).
The Senate Committee on Finance has retracted its earlier request urging President Bola Tinubu to dismiss Hussaini Magaji, the Registrar-General of the Corporate Affairs Commission, following his apology to lawmakers. Magaji's remorseful admission came during a budget defense session in Abuja.
The Corporate Affairs Commission (CAC) has issued a warning to commercial banks, urging them to prevent inactive and non-compliant companies from engaging in financial transactions. This announcement comes alongside the Commission's report of submitting 263 illegally registered companies to the EFCC for investigation.
![Corporate Affairs Commission (CAC) Head Office [PHOTO CREDIT: @cacnigeria1]](https://api.sentineldigest.com/api/proxy-image/?url=https%3A%2F%2Fi0.wp.com%2Fmedia.premiumtimesng.com%2Fwp-content%2Ffiles%2F2020%2F11%2F1500x500-3.jpg%3Ffit%3D1500%252C500%26ssl%3D1)
