Illicit funds: CAC moves to expose real owners behind Nigerian companies

Author: Ogaga AriemuPublished on: September 15, 2026Country: Nigeria

PoliticsBusiness & Economy

Illicit funds: CAC moves to expose real owners behind Nigerian companies

The Corporate Affairs Commission (CAC) of Nigeria has announced plans to reveal the real owners behind Nigerian companies. Hussaini Ishaq Magaji, the Registrar-General of the CAC, emphasized the need to know the actual individuals behind corporate structures to combat illicit financial inflows. This initiative aims to enhance transparency within the country's corporate ecosystem.

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