“Shell Companies Are Not Allowed To Operate In Nigeria” — CAC Registrar-General Says Inactive Entities Must Be Wound Up
*Says Law Enforcement, Investors Made Over 107,000 Verification Requests The Corporate Affairs Commission has removed more than 500,000 entities from Nigeria’s beneficial ownership register for failing to update information on their beneficial owners, its Registrar-General said in Brussels on Wednesday. Mr. Ishaq Magaji Hussain, Registrar-General of the Corporate Affairs Commission, disclosed the figure while speaking […]
