‘I’LL TURN OFF THE MIC’ — REMI TINUBU REINS IN ADELEKE’S SINGING AT OONI’S ANNIVERSARY. (VIDEO/PHOTO).

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 ‘I’ll turn off the mic’ — Remi Tinubu reins in Adeleke’s singing at Ooni’s anniversary First Lady Oluremi Tinubu cautioned Ademola Adeleke, the Osun state governor, for prolonged singing during his remarks at the 10th coronation anniversary celebration of Adeyeye Ogunwusi, the Ooni of Ife. The moment, captured in a now-viral video, occurred as the governor mounted the podium on Sunday to pay tribute to the monarch and to congratulate the Remi on her newly bestowed chieftaincy title, Yeye Asiwaju Gbogbo Ile Oodua. Rather than proceed immediately with his formal message, Adeleke, popularly known as the “Dancing Governor” for his spirited public appearances, burst into a short musical chant, drawing laughter from parts of the audience. Remi, who had moments earlier received her traditional title from the Ooni, walked towards the podium, gestured lightly to the governor, and whispered to him to proceed with his statement. “Go ahead,” she was heard saying, in an attempt to steer the ev...
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CAC ISSUES SIX-WEEK ULTIMATUM FOR UNREGISTERED BUSINESSES TO COMPLY OR FACE PROSECUTION. (PHOTO).

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 CAC Issues Six-Week Ultimatum for Unregistered Businesses to Comply or Face Prosecution


The Corporate Affairs Commission (CAC) has issued a stern six-week ultimatum to unregistered businesses operating in Nigeria, mandating them to register with the Commission or face severe legal consequences, including imprisonment.


In a public notice titled “Carrying on Business in Nigeria Under an Unregistered Name or Acronym,” released on Tuesday, the CAC warned that operating as a company, limited liability partnership, limited partnership, or under a business name without registration is a criminal offense under Section 863 of the Companies and Allied Matters Act, 2020. Additionally, using a name or acronym other than the one registered under the Act is prohibited.


The CAC emphasized that non-compliance could lead to prosecution, with penalties including up to two years’ imprisonment. The Commission also highlighted Section 862(1) of the Act, which states that knowingly making false statements in required documents is an offense punishable by two years in prison, alongside daily fines for ongoing violations.


Furthermore, the CAC reminded registered companies of their obligation under Section 729 to display their registered name and registration number at all business locations and on official documents, including letterheads, signage, and marketing materials.


“All companies, limited liability partnerships, limited partnerships, and business name proprietors must comply with the provisions of the Act within six weeks from the date of this notice,” the statement read. The CAC vowed to enforce strict measures, including prosecution, against those who fail to meet the deadline.


The Commission urged the public to take note of these requirements to avoid legal repercussions, signaling a renewed push to ensure regulatory compliance across Nigeria’s business landscape.

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