Insights, Business Advisory, Company Set-up and Regulatory Compliance

Highlights of the New Companies and Allied Matters Act (Cama) 2020

On August 7th, 2020, President Muhammadu Buhari assented to the Companies and Allied Matters Act 2020 (“the New Act”) which now repeals the Companies and Allied Matters Act, 1990 (‘Old Act”).

The New Act seeks to address the regulatory bottlenecks and onerous legal requirements found in the Old Act which has overtime hindered the ease of doing business in Nigeria, particularly for Micro Small and Medium Enterprises (MSMEs).
This article seeks to highlight the key provisions of the New Act and its implications on companies’ operations…

 

 

To read the full article, kindly download the PDF

Practice Key Contacts

More To Read

21/08/2025
Forbearance with Strings: Lessons from the CBN’s 2025 Conditional Relief to Banks

Introduction When the Central Bank of Nigeria (CBN) released its June 13, 2025 circular—“Temporary Suspension of Dividend Payments, Bonuses and Investment in Foreign Subsidiaries”—it was

12/08/2025
Tax Reform 2025: How the current tax administration Reshapes Compliance, Enforcement, and Business Strategy

INTRODUCTION Amongst Nigeria’s tax reform acts are three major administration laws: the Nigeria Tax Administrative Act (NTAA), the Nigeria Revenue Service (Establishment) Act 2025 (NRSA