News

CAC Resolve 20-Year KPMG Dispute: A New Era for Corporate Dispute Resolution

By Danjuma Amodu | February 19, 2026

The Corporate Affairs Commission (CAC) has successfully resolved a 20-year dispute between KPMG Professional Services and KPMG Nigeria through its Administrative Proceedings Committee (APC).

The dispute, which had been ongoing since 2006, was settled amicably, with both parties agreeing to withdraw all pending court cases. The CAC’s intervention marked a significant milestone in Nigeria’s corporate dispute resolution landscape, demonstrating the effectiveness of the APC in resolving disputes efficiently.

Established under Section 851 of the Companies and Allied Matters Act (CAMA) 2020, the APC provides an alternative to lengthy court proceedings, promoting a culture of compliance and transparency.

The dispute between KPMG Professional Services and KPMG Nigeria had been a major talking point in the corporate world, with implications for the accounting and auditing profession.

The CAC’s resolution of the dispute is expected to have far-reaching implications, encouraging the use of alternative dispute resolution mechanisms and promoting a culture of compliance with corporate laws.

The APC’s success in resolving the KPMG dispute marks a new era for corporate dispute resolution in Nigeria, where disputes can be resolved quickly and efficiently, without the need for protracted court battles.

This development is expected to boost investor confidence and promote business growth in Nigeria.

Also See

“Enough Is Enough”: Hon. Akoji Mourns Slain APC Chairman, Demands Action on Itobe-Ayangba Kidnapping Crisis

NewsWorth Media

Nigeria Cited as Global Example of Reform Leadership – World Bank

NewsWorth Media

Miracle’s Story: From Trafficking and Exploitation in Libya to a Second Chance at Home

NewsWorth Media

Invest In Peace Daily, NUPEC Urges Nigerians, Seeks Responsible Management Of Mineral Resources

NewsWorth Media

Nigeria, Türkiye Strengthen Defence Ties as Air Chief Accompanies Tinubu on Ankara Visit

NewsWorth Media

Countdown to WPRF Abuja 2026: NIPR Mobilises Chapters for Nationwide Awareness Campaign

NewsWorth Media

This website uses cookies to improve User experience. Accept Learn More

Our Policies