'SIMILOLUWA FASHANU

National Identity Management Commission (NIMC) Act 2026; Key Innovations and Prospects

National Identity Management Commission (NIMC) Act 2026; Key Innovations and Prospects

Introduction

The National Identity Management Commission (NIMC) announced the signing into law of the National Identity Management Commission (NIMC) Act, 2026 on 26 June 2026 by His Excellency, President Bola Ahmed Tinubu, GCFR.

The legislation marks a significant step in strengthening Nigeria’s legal framework in the bid to achieve a secure, inclusive and digitally empowered identification system.

Court of Appeal Affirms Eligibility of Pre-CAMA 2020 Private Companies to Operate as Single Shareholder Companies

Court of Appeal Affirms Eligibility of Pre-CAMA 2020 Private Companies to Operate as Single Shareholder Companies

The enactment of the Companies and Allied Matters Act, 2020 (“CAMA 2020”) introduced a significant development in Nigerian corporate law by permitting the incorporation of private companies with a single shareholder1. This represented a departure from the position under the repealed Companies and Allied Matters Act, 1990, which required every company to have a minimum of two shareholders.