5.1.3 These activities have led to an increase in the number of incorporated Companies, combined share capitals and capitalization. The demonstrable confidence reposed on the Nigerian economy by these moves also manifested in a gradual return of foreign equity which took flight during the recent global recession. 5.1.4 Other efforts of the government and its agencies aimed at providing enabling environment and attracting investors’ confidence include:  The Companies Regulation Act of 2010 which introduced new statutory forms for parts A, B, &C, developed in line with global best practices. Clear guidelines have been provided by the regulation for all new registration and post registration services.  Collaboration with EFCC in a Transactions Clearing Platform: This is an online interface of the EFCC done with the assistance of CAC in which the CAC has to confirm the corporate status of Local partners to an intending foreign investor to unveil the identities of their Directors and save the foreign investor from any intent to defraud.  Issuance of default notices to operators in most of the regulated sectors. In order to ensure compliance with the provisions of the Company and Allied Matters Act (CAMA) 1990 and related enactments, the CAC also followed up these notices with inspection visits and public enlightenments in major cities of the country. These efforts resulted in improvement in compliance with specific provisions of the CAMA and other related enactments by regulators in the economy.  Delisting of dormant Companies from the register. Discovering that over 400, 000 Companies failed to file annual returns since incorporation, an indication that such Companies are not in business or operation, Corporate Affairs Commission in accordance with the provision of section 525 of the CAMA, de-listed such companies.  Tax Reforms: Through the Federal Inland Revenue Service (FIRS), the Federal Government responded to the need for a strong tax administration in order to attain international best practices in tax 52