ADVERTISEMENT
Apples Bite Int'l Magazine
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    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’

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

    Peter Obi Questions Tinubu’s Ability to Tackle Insecurity

    Peter Obi Questions Tinubu’s Ability to Tackle Insecurity

    Tinubu Rejects Two Bills, Sends Fresh Ones to Reps

    Tinubu Rejects Two Bills, Sends Fresh Ones to Reps

    PFIPC: I'll hand over documents to DSS, Police — Adeyemi

    PFIPC: I’ll hand over documents to DSS, Police — Adeyemi

    Defence Minister Orders Troops to Shoot Terrorists Without Waiting for Approval

    Defence Minister Orders Troops to Shoot Terrorists Without Waiting for Approval

    Fashola: Lagos Discounted Land Price To Keep Dangote Refinery Project

    Fashola: Lagos Discounted Land Price To Keep Dangote Refinery Project

    Hijab Row: Appeal Court Orders UI, ISI to Maintain Status Quo

    Hijab Row: Appeal Court Orders UI, ISI to Maintain Status Quo

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    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’

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

    Peter Obi Questions Tinubu’s Ability to Tackle Insecurity

    Peter Obi Questions Tinubu’s Ability to Tackle Insecurity

    Tinubu Rejects Two Bills, Sends Fresh Ones to Reps

    Tinubu Rejects Two Bills, Sends Fresh Ones to Reps

    PFIPC: I'll hand over documents to DSS, Police — Adeyemi

    PFIPC: I’ll hand over documents to DSS, Police — Adeyemi

    Defence Minister Orders Troops to Shoot Terrorists Without Waiting for Approval

    Defence Minister Orders Troops to Shoot Terrorists Without Waiting for Approval

    Fashola: Lagos Discounted Land Price To Keep Dangote Refinery Project

    Fashola: Lagos Discounted Land Price To Keep Dangote Refinery Project

    Hijab Row: Appeal Court Orders UI, ISI to Maintain Status Quo

    Hijab Row: Appeal Court Orders UI, ISI to Maintain Status Quo

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
Apples Bite Int'l Magazine
No Result
View All Result
Adron Homes Lemon Friday
Home News Bite

Arrogant Ayu Unfit To Be PDP’s Chairman, Wike Should Be Blamed For Bringing Him Out’

admin by admin
September 1, 2022
in News Bite, Politics
Reading Time: 2 mins read
0
Ayu should quit after elections, say ex-NASS members
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

A socio-political group, the One Nigeria Movement (ONM) has said that it was uncharitable and the height of arrogance for the Peoples Democratic Party (PDP) National Chairman, Senator Iyorchia Ayu, to describe those calling for his resignation as people who were children when the party was being formed.
Applesbite recalls that Ayu had during an interview with BBC Hausa insisted that he won’t resign as the party’s chairman, adding that he was elected to serve a tenure of four years.

Ortom: Presidency Speaks On Buhari Ordering Security Operatives Not To Attack Fulani Herdsmen

Reacting in a statement to Naija News on Wednesday, the group said it was funny that the same Ayu, who abandoned the PDP for
Action Congress (AC) in 2007 and worked against the PDP can still refer to himself as founding father of the party.

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’

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

July 9, 2026

According to the group’s Convener General, Ahmed Sodiq-Mugoro and Secretary, Babatunde Aliyu, Ayu is like a father who left his house and abandoned his children only to come back years after to claim authority over the house
that the children he abandoned prevented from collapsing.

Thr group said: “If others had left the party in 2007 like Ayu did, will there be a PDP for him to preside over with aura of arrogance as he is doing?

“PDP was formed in 1998 and as at that time, Governor Nyesom Wike of Rivers State will be 32 years. So in the estimation of Ayu, a 32 year-old man is a kid?

“As at 1992, that Ayu was Senate President, how old was he? Was he not just 40 year-old? Was he not a Minister at 44? Did he not also come
back to be minister at 57?

“So when he was Senate President at 40, was he called a kid? Was he a kid when he was a minister at 44?

“To us, elders like Ayu, who look down on everyone around them like they are his children are not fit to be at the helm of affairs of
reasonable people and we blame the likes of Governor Wike for bringing him out of his farm where he was already living his live as a retired
politician and made him PDP chairman.”

The group advised the PDP Presidential Candidate, Atiku Abubakar, to dissociate himself from the offensive and insulting statement of Ayu.

The ONM said it was either Atiku dissociate himself or be seen as “someone who also sees even a 50 year old Nigerian as a kid, just like
Ayu.”

Apples Bite Magazine Icon
admin
Tags: Arrogant Ayu Unfit To Be PDP’s ChairmanWike Should Be Blamed For Bringing Him Out’

Related Posts

Peter Obi Questions Tinubu’s Ability to Tackle Insecurity
News Bite

Peter Obi Questions Tinubu’s Ability to Tackle Insecurity

July 9, 2026
Tinubu Rejects Two Bills, Sends Fresh Ones to Reps
News Bite

Tinubu Rejects Two Bills, Sends Fresh Ones to Reps

July 9, 2026
PFIPC: I'll hand over documents to DSS, Police — Adeyemi
News Bite

PFIPC: I’ll hand over documents to DSS, Police — Adeyemi

July 9, 2026
Defence Minister Orders Troops to Shoot Terrorists Without Waiting for Approval
News Bite

Defence Minister Orders Troops to Shoot Terrorists Without Waiting for Approval

July 9, 2026
Fashola: Lagos Discounted Land Price To Keep Dangote Refinery Project
News Bite

Fashola: Lagos Discounted Land Price To Keep Dangote Refinery Project

July 8, 2026
Hijab Row: Appeal Court Orders UI, ISI to Maintain Status Quo
News Bite

Hijab Row: Appeal Court Orders UI, ISI to Maintain Status Quo

July 8, 2026
Load More
No Result
View All Result

Recent Posts

  • 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

Recent Comments

    Apples Bite Int'l Magazine

    Apples Bite Magazine is your premier destination for updates in business, daily news, and entertainment. At Apples Bite, we serve insightful stories and in-depth analysis, curated to empower professionals, entrepreneurs, and forward-thinking individuals who thrive on staying ahead of the curve.

    © 2026. All Rights Reserved. ApplesBite International Magazine.

    No Result
    View All Result
    • News Bite
      • Politics
      • International
      • National
      • Show Biz
      • Events
      • Security
      • Sports
      • Press Release
    • Lifestyle Bite
      • Fitness
      • Nutrition
      • Personal Growth
      • Travel
    • Health Bite
      • Doctor’s Diagnosis
    • Brand & Business Bite
      • Energy
    • Fashion Bite
    • Opinion Bite
      • Featured Story
      • Fiction & Poetry
      • Career
      • Teachings
      • ABM Staff Blog
      • ABM True Stories
      • Research
      • Tech
    • More
      • Latest Magazine Issue
      • Leadership 360°
      • Religion
      • Education
      • Law
      • Metro
      • Romance
        • Love
        • Sex and Relationship
        • ABM TV
        • Interviews
        • Movies
        • Red Carpets
    • Contact Us

    © 2026. All Rights Reserved. ApplesBite International Magazine.