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    The Corporate Affairs Commission (CAC) has set August 1, 2026, as the deadline for companies to comply with statutory rules governing business letters, warning that violators will face sanctions. In a public notice issued Wednesday, the commission said the enforcement drive is anchored on Sections 304(1) and (2) and 729(1)(c) of the Companies and Allied Matters Act (CAMA) 2020, and covers all companies registered under the Act or any law it replaced. The law requires every company to state on its business letters the current and any former forename or initials and surname of each director, along with the nationality of non-Nigerian directors. Companies must also display their registered name, registration number and registered office address clearly on all business correspondence. “Commencing the 1st day of August 2026, the Commission shall enforce the full application of the requirements of Sections 304(1) & (2) and 729(1)(c) of the Act with respect to company business letters with attendant sanctions for non-compliance,” the CAC said. The commission urged companies to review their letterheads and official correspondence ahead of the deadline, noting that the move is designed to ensure accurate disclosure of director and corporate information while deepening compliance with CAMA 2020. CAC reaffirmed its commitment to transparency, accountability and customer satisfaction as part of efforts to build a more resilient and responsive corporate regulatory environment.

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    The Corporate Affairs Commission (CAC) has set August 1, 2026, as the deadline for companies to comply with statutory rules governing business letters, warning that violators will face sanctions. In a public notice issued Wednesday, the commission said the enforcement drive is anchored on Sections 304(1) and (2) and 729(1)(c) of the Companies and Allied Matters Act (CAMA) 2020, and covers all companies registered under the Act or any law it replaced. The law requires every company to state on its business letters the current and any former forename or initials and surname of each director, along with the nationality of non-Nigerian directors. Companies must also display their registered name, registration number and registered office address clearly on all business correspondence. “Commencing the 1st day of August 2026, the Commission shall enforce the full application of the requirements of Sections 304(1) & (2) and 729(1)(c) of the Act with respect to company business letters with attendant sanctions for non-compliance,” the CAC said. The commission urged companies to review their letterheads and official correspondence ahead of the deadline, noting that the move is designed to ensure accurate disclosure of director and corporate information while deepening compliance with CAMA 2020. CAC reaffirmed its commitment to transparency, accountability and customer satisfaction as part of efforts to build a more resilient and responsive corporate regulatory environment.

    CAC sets Aug. 1 deadline for letterhead compliance

    Arrested Suspected Bandit Claims Gang Worked for Abuja-Based Cattle Owner

    Arrested Suspected Bandit Claims Gang Worked for Abuja-Based Cattle Owner

    Sultan Urges Northern Leaders to Unite Against Banditry, Says ‘We Know the People’

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Peter Okoye Shows Support For Ailing Mr Ibu

Madukwe Nwabuisi by Madukwe Nwabuisi
October 19, 2023
in Entertainment, News Bite
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Award-winning celebrity singer, Peter Okoye, popularly known as Mr. P, has expressed his support for the sick veteran actor, Mr. Ibu.

Mr Ibu had before appealed to the public for assistance as he battled an illness that could lose him his limb.

In a video posted to his Instagram page, the veteran disclosed that he had been hospitalized for several weeks.

RelatedPosts

The Corporate Affairs Commission (CAC) has set August 1, 2026, as the deadline for companies to comply with statutory rules governing business letters, warning that violators will face sanctions. In a public notice issued Wednesday, the commission said the enforcement drive is anchored on Sections 304(1) and (2) and 729(1)(c) of the Companies and Allied Matters Act (CAMA) 2020, and covers all companies registered under the Act or any law it replaced. The law requires every company to state on its business letters the current and any former forename or initials and surname of each director, along with the nationality of non-Nigerian directors. Companies must also display their registered name, registration number and registered office address clearly on all business correspondence. “Commencing the 1st day of August 2026, the Commission shall enforce the full application of the requirements of Sections 304(1) & (2) and 729(1)(c) of the Act with respect to company business letters with attendant sanctions for non-compliance,” the CAC said. The commission urged companies to review their letterheads and official correspondence ahead of the deadline, noting that the move is designed to ensure accurate disclosure of director and corporate information while deepening compliance with CAMA 2020. CAC reaffirmed its commitment to transparency, accountability and customer satisfaction as part of efforts to build a more resilient and responsive corporate regulatory environment.

CAC sets Aug. 1 deadline for letterhead compliance

July 9, 2026
Arrested Suspected Bandit Claims Gang Worked for Abuja-Based Cattle Owner

Arrested Suspected Bandit Claims Gang Worked for Abuja-Based Cattle Owner

July 9, 2026
Sultan Urges Northern Leaders to Unite Against Banditry, Says ‘We Know the People’

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July 9, 2026

Mr Ibu revealed in the distressing video that doctors informed him they could have to amputate his limb if he didn’t exhaust all other alternatives.

He made his account number public, asking for prayers and help.

His daughter, Jasmine Okafor, elaborated on his comments, saying that the veteran isn’t getting better and that they’ve depleted all of their financial resources, hence the public appeal.

She appealed to anyone who could assist in getting him to a better medical facility in another country.

Peter wrote on his Instagram page that Nollywood legends deserve better lifestyles. He went on to say that it’s past time for people to express him appreciation for bringing joy to our screens for all these years.

He urged his fans to join him in his support for the veteran.

In his words:
Our very own @realmribu (John Okafor) needs our help as he goes through a medical challenge. Our Nollywood legends deserve better, it is time for we the people to show him love for bringing joy to our screens all these years.

I am pledging my support for him 100%. My dear colleagues, friends, family, and fans pls support him in any little way you can.

He needs our prayers and financial support in this challenging time. Praying for his speedy recovery,

May God heal you permanently our dear veteran.

Support here

1685687982
John Ikechukwu Okafor
Access Bank
IG @realmribu”.

Madukwe B. Nwabuisi
Madukwe Nwabuisi

Madukwe B. Nwabuisi is an accomplished journalist renown for his fearless reporting style and extensive expertise in the field. He is an investigative journalist, who has established himself as a kamikaze reporter.

Tags: Mr IbuPeter Okoye

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  • CAC sets Aug. 1 deadline for letterhead compliance
  • Arrested Suspected Bandit Claims Gang Worked for Abuja-Based Cattle Owner
  • Sultan Urges Northern Leaders to Unite Against Banditry, Says ‘We Know the People’
  • Peter Obi Questions Tinubu’s Ability to Tackle Insecurity
  • Tinubu Rejects Two Bills, Sends Fresh Ones to Reps

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