‘FRIEND OF A THIEF IS A THIEF’, DEFENCE MINISTER WARNS TERRORIST SPONSORS. (PHOTO).

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 ‘Friend Of A Thief Is A Thief’, Defence Minister Warns Terrorist Sponsors The Minister of Defence, General Christopher Musa (rtd), has cautioned Nigerians against aiding terrorists, insurgents, bandits, or other criminal elements, stressing that anyone who supports criminal activities will face the full weight of the law. General Musa made the warning on Saturday while speaking as the Special Guest of Honour at the Armed Forces Celebration and Remembrance Day 2026 Golf Tournament held at the TYB Golf Resort and Country Club, Yar’Adua Barracks, Abuja. He urged citizens to continue supporting the Armed Forces and other security agencies, noting that the Federal Government has given them a clear mandate to deal decisively with all threats to national security. “I call on all Nigerians to stand with the Armed Forces and security agencies in the quest for peace,” Musa said.  “Those who continue to support bandits, insurgents, terrorists, or criminals must desist immediately. As th...

CAC INITIATES MEASURES TO REQUIRE SOCIAL MEDIA CONTENT CREATORS TO REGISTER AS BUSINESSES. (PHOTO)


 CAC initiates measures to require social media content creators to register as businesses


The Corporate Affairs Commission (CAC) intends to require the registration of social media content creators, Instagram users with a large following, and TikTok users as businesses.


Hussaini Ishaq Magaji, Registrar General of the CAC, revealed the development at a meeting with Opay’s Managing Director, Dauda Gotring, and his team in Abuja.


Magaji underlined that social media and content providers, who create significant cash, should register as businesses in order to pay their due amount of federal taxes. He stated.


“This cannot go on,” emphasizing the need of these individuals following the mandate to register as businesses.


During the visit, Magaji informed that the CAC is in the process of registering 300,000 new business names from Opay. This effort seeks to broaden the tax base, encourage business registration, and contribute to job creation in Nigeria.


When asked about Opay’s role, Magaji indicated that the collaboration with Opay is aimed at regularizing the business names registered with CAC. Dauda Gotring, Opay’s Managing Director, stated that the firm is committed to working with the CAC to guarantee that all businesses, regardless of size, are registered.


Gotring praised Opay’s emphasis on encouraging all Nigerians to utilize banks, even in rural areas, and emphasized continued efforts to educate company owners, particularly in the social media and content creation sectors, on the need of registering with the CAC.


The joint initiative’s goal is to bring more enterprises into the formal sector and increase regulatory compliance.

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