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16 January 2025

Highlights Of The New Companies And Allied Matters Act (Cama) 2020

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Tope Adebayo LP

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Established in 2008, Tope Adebayo LP offers holistic solutions in energy, disputes, and corporate transactions. Our diverse team crafts bespoke strategies for clients, driving industry wins and growth. We are a one-stop shop, licensed for legal, finance, and corporate services, with a global network for seamless cross-border transactions.
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").
Nigeria Corporate/Commercial Law

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).

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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