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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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Hamas Frees Four Female Israeli Soldiers After Being Held Hostage in Gaza for 477 Days 

Madukwe Nwabuisi by Madukwe Nwabuisi
January 25, 2025
in International
Reading Time: 2 mins read
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Hamas Frees Four Female Israeli Soldiers After Being Held Hostage in Gaza for 477 Days 
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Four Israeli soldiers have been released by Hamas after being held captive for 15 months in Gaza.

Daniella Gilboa, Naama Levy, Karina Ariev, who are all 20, and Liri Albag, 19, were seen on Saturday stepping out of a Palestinian vehicle and were handed over to a team from the International Committee of the Red Cross after being paraded in front of a crowd in Gaza City. 

The women were brought onto a stage after exiting the vehicle, as they beamed with joy and relief and waved to the crowds.

The four women were then transported to the border of Gaza, where a helicopter waited for them. 

Around an hour after being handed over to the Red Cross, the Israeli Defence Force confirmed that the four hostages had arrived back in Israel. 

Four female Israeli soldiers are freed by Hamas after being held hostage in Gaza for 477 days (Photos)

‘The four returning soldiers, Daniela Gilboa, Liri Elbag, Naama Levy, and Karina Ariev, have now crossed the border into Israeli territory with IDF and Shin Bet forces,’ the IDF wrote on X. 

‘The returnees, accompanied by IDF and Shin Bet forces, recently crossed the border into the territory of the State of Israel and are now on their way to the initial absorption point in the Gaza Strip, where they will meet with their parents.’

Four female Israeli soldiers are freed by Hamas after being held hostage in Gaza for 477 days (Photos)

IDF spokesman Daniel Hagari also said in a televised speech that Israel ‘cannot and will not forget’ the 90 hostages who remain in Gaza.

The hostages were then taken to designated locations in Re’im, Israel, before being transported by vehicle or helicopter to hospital, where they will receive medical checks. 

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It was confirmed that they had been reunited with their parents.

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: GazaHamas

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  • Bovi: Anyone Who Says Ronaldo Beats Messi Isn’t Worth Doing Business With
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  • El-Rufai’s Wife Urges Tinubu to Ensure Fair Treatment, Says Family Deserves Courtesy
  • Atiku Urges Tinubu to Protect Obi, Release El-Rufai
  • CAC sets Aug. 1 deadline for letterhead compliance

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