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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