Nigeria's Corporate Affairs Commission Says It's Criminal For Content Creators, Crypto Businesses Not To Register, Pay Taxes
The Corporate Affairs Commission has announced plans to formalise 300,000 businesses in Nigeria. It urged social media content creators including those on Instagram and TikTok with large followers and crypto businesses to register with the commission in accordance with the Company and Allied Matters Act 2020. The CAC said it is in line with its continued bid to drive compliance and achieve President Bola Ahmed Tinubu's dream of creating 50 million jobs.
Source: saharareporters.com