Politics
JUST IN: Tinubu Approves Free CAC Registration for 250,000 MSMEs Nationwide
President Bola Ahmed Tinubu has officially approved the free formalization and corporate registration of 250,000 Micro, Small, and Medium Enterprises (MSMEs) across the thirty-six states of the federation and the Federal Capital Territory.
The major announcement was made public on Saturday at the State House in Abuja during the prestigious 8th National MSME Awards 2026.
This extensive intervention is targeted at removing financial bottlenecks for nano, micro, and small scale entrepreneurs, effectively integrating them into Nigeria’s formal banking and regulatory ecosystem.
Under this newly approved presidential directive, the beneficiaries will receive full business name registrations without paying the standard statutory fees to the Corporate Affairs Commission (CAC).
Beyond the waiver of registration costs, the federal intervention package encapsulates “moral support for business owners” alongside specialized “technical training for beneficiaries” to ensure long-term corporate survival.
To access this federal government intervention, interested small business owners are required to log onto the official SMEDAN portal using the designation (#SMEDANGov) to complete their documentation and secure their onboarding slots.
The implementation of this policy is driven through a strategic partnership involving the CAC and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN).
Top officials within the regulatory agencies noted that the waiver represents a significant financial concession aimed entirely at driving down the high mortality rate of small businesses nationwide.
M
More details to follow…
JUST IN: Court removes David Mark-led ADC leadership, nullifies Atiku’s presidential ticket – The Witness Nigeria
“Any Algorithm Can Calculate, But It Cannot Care” — NMCN Registrar Warns Nurses Against Overreliance On AI
‘He’s closest to Lionel Messi’ – Rashford names player to win more Ballons d’Or than Cristiano Ronaldo
Power Outage: Tegbe assures Nigerians of swift restoration as electricity disruptions hit Lagos, Abuja
“I Didn’t Go To Court, I’m Not In APC” — Wike Denies Influencing Judgment Against Uzodimma, Explains Old Video With Okorocha
RE: RESPONSE TO MISLEADING PUBLICATION ON THE PRESIDENTIAL AMNESTY PROGRAMME (PAP)
“Not To Own It, But To Give It Another Chance At Life” — Foreigner Rescues Sea Turtle From Lagos Sellers As NESREA Faces Enforcement Questions
2027: ‘Peter Obi’s Logic Is Short-Term Turnover Unlike Tinubu Who Thinks Of Next Generation’ – Oshiomhole
Investigate hijab controversy in Nigerian law schools immediately- MURIC to Council of Legal Education
Jesus de Miguel’s death: ‘He’d never intentionally hurt anyone’ – Owono’s team-mate defends goalkeeper
I Lost 2022 APC Primary Because I Obeyed Buhari’s Advice – Amaechi
Jigawa seeks $110m IsDB support to tackle education challenges
Ambulance, FRSC arrived at accident scene 10 minutes after – Ogun govt dismisses Afod’s claims
Ajadi backs Akeem Olatunji for Oluyole House of Representatives seat
HURIWA asks DSS to probe possible political motive behind Southern Kaduna attacks
HURIWA asks DSS to probe possible political motive behind Southern Kaduna attacks
Akwa Ibom residents raise fresh alarm as abandoned oil wells wreak havoc
‘Buhari Promised Me APC Presidential Ticket in 2022’ — Amaechi Reveals
Power Outage: Tegbe gives Nigerians timeline for electricity supply restoration
Nigeria faces crisis of meaning, language manipulation – UNN don, Agbedo
Politics7 days agoOver 200 Boko Haram Terrorists Are Moving To Attack Military Camp In Buni Yadi As Rockets Target Troops; IED Threat Raises Travel Concerns
- Metro6 days ago
“The Election Must Hold As Scheduled” — INEC Chairman Rules Out Postponement Of 2027 General Elections
- Metro6 days ago
“Publishing His Name Is Subject To The Final Outcome Of A Court Order” — INEC Leaves Gwarzo Off Updated Kano Governorship List
- Metro7 days ago
“Ebola Outbreak Is Not Yet Under Control” — Africa CDC Warns As Confirmed Cases Exceed 10,200, Death Toll Surpasses 5,000
- Metro7 days ago
“Death Benefits Will Be Fully Paid To Next Of Kin” — NAF Pledges Continued Salaries For Personnel Killed In October 5 Aircraft Crash
- Metro6 days ago
“Sowore’s Whereabouts Remain Unknown” — Armed Men Allegedly Abduct AAC Presidential Candidate In Ado-Ekiti, Damage Vehicles And Restaurant
- Metro6 days ago
“21 Exotic Vehicles Affected, No Life Lost” — LASEMA Confirms Lagos Mechanic Workshop Fire, Averts Disaster At Nearby Filling Station
- Metro6 days ago
“They Beat Me Like A Criminal” — Sowore Recounts Ekiti Attack As Govt Denies Involvement, Calls For Police Investigation
