The new Companies and Allied Matters Act (CAMA) 2020 enhances the ease of doing business in Nigeria

Sefton Froos New CAMA 2020

On the 7th of August 2020, President Muhammadu Buhari assented to the Companies and Allied Matters Bill (now Act) 2020 which was recently passed by the National Assembly. The New CAMA repeals the Companies and Allied Matters Act, Cap C20, Laws of the Federation of Nigeria 2004. This is a welcome innovation to the Nigerian corporate business world as it results in an overall increase in the ease of…

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