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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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    Atiku Urges Tinubu to Protect Obi, Release El-Rufai

    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, Abubakar Usman, Claims Gang Worked for Abuja-Based Cattle Owner

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

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    Tinubu Rejects Two Bills, Sends Fresh Ones to Reps

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Former Miss Commonwealth Nigeria Culture Oluwadamilola Aderinoye declared wanted over illicit drugs

Judith Iyoh by Judith Iyoh
January 28, 2024
in Crime, News Bite
Reading Time: 1 min read
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Former Miss Commonwealth Nigeria Culture Oluwadamilola Aderinoye declared wanted over illicit drugs

Former Miss Commonwealth Nigeria Culture Oluwadamilola Aderinoye declared wanted over illicit drugs

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The National Drug Law Enforcement Agency (NDLEA) has declared an ex-beauty queen, Aderinoye Queen Christmas, also known as Oluwadamilola Aderinoye, wanted for allegedly dealing in illicit drugs.

Spokesman of the NDLEA, Femi Babafemi, said in a statement on Sunday that the ex-beauty queen was declared wanted after she escaped from her residence in the Lekki area of Lagos State when operatives of the anti-drug agency raided her apartment at Oral Estate on Wednesday, January 24, 2024.

The suspect was Miss Commonwealth Nigeria Culture 2015/2016 and the founder of the Queen Christmas Foundation.

Babafemi listed items recovered from Aderinoye’s home during the search witnessed by the estate officials to include 606 grams of Canadian Loud (a synthetic strain of cannabis), an electronic weighing scale, large quantities of drugs packed in plastic, a black RAV 4 SUV marked Lagos KSF 872 GQ, and her picture frame.

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Several operations were also conducted across the country.

“While commending the officers and men of the MMIA, Lagos, Seme, Kano, Gombe, Kogi, Plateau, and Jigawa Commands of the Agency for their outstanding feats in the past week, Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd), equally applauded their counterparts in all the commands across the country for intensifying their WADA advocacy lectures, thus creating a balance between their drug supply reduction and drug demand reduction activities,” the statement said.

Embracing Love and Healthy Choices Before 30
Judith Iyoh

Judith Iyoh writes fashion, lifestyle and real estate investment.

Tags: Former Miss Commonwealth Nigeria Culture Oluwadamilola Aderinoye declared wanted over illicit drugs

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