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The Companies and Allied Matters Act 2020 – Key Highlights

On August 7, 2020, the Special Adviser to the President on Media and Publicity, Chief Femi Adesina, announced that President Muhammadu Buhari had signed the Companies and Allied
Matters Act 2020 (“CAMA 2020”) into law. Prior to the signing of CAMA 2020, the extant law that regulated the operation of companies and other forms of business associations was the
Companies and Allied Matters Act 1990 and its amendments (“the Old CAMA”).

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