SDP PARLEYS MEDIA AHEAD OF 2027 GENERAL ELECTIONS. (PHOTO).

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 SDP PARLEYS MEDIA AHEAD OF 2027 GENERAL ELECTIONS  The Social Democratic Party, SDP has disassociated itself from those calling for the rescheduling of the 2027 general elections due to the confirmed case of Ebola in Nigeria. A statement by the Presidential candidate of the Party, Prince Adewole Adebayo indicates that just one case of the disease recorded is not enough to cancel or reschedule the election that is already at hand, as the situation is not yet a pandemic. He explains that the country has the ability to take care of the situation. The statement further encourages the media to be as independent and unbiased as possible in reporting the forthcoming general election. It emphasises the media's role in sustaining democratic governance in the country. The SDP Presidential candidate encourages media practitioners to get acquainted with the party's manifesto and enlighten the public adequately, enabling them to actively engage the party during campaigns.
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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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