ADVERTISEMENT

News Bite
CBN Warns Against Rejecting Standard N100 Note, Threatens Sanctions

Ebola Death Toll in DR Congo Rises to 600

Police Kill Two Suspected Kidnappers, Rescue Abducted Ogun Prince

Aviation Unions Push FG to Privatize NAMA Over Funding, Safety Concerns

Unifying Behind Obi Not Surrender, It’s Strategy – Yesufu Tells Opposition

U.S. Set to Deport 124 Nigerians Over Criminal Convictions

Bandits Threaten to Kill Abducted Oyo Pupils if Troops Move In — Defence Minister

Bovi: Anyone Who Says Ronaldo Beats Messi Isn’t Worth Doing Business With

Presidency Criticises Nigerians Doing Care Home Jobs in UK, Calls It ‘Modern-Day Slavery
- Politics
- International
- National
- Show Biz
- Events
- Security
- Sports
- Press Release
Lifestyle Bite
Health Bite
- Doctor’s Diagnosis
Brand & Business Bite
- Energy
Fashion Bite
Opinion Bite
More
- Latest Magazine Issue
- Leadership 360°
- Religion
- Education
- Law
- Metro
- Romance
Contact Us

No Result

View All Result

No Result

View All Result

No Result

View All Result

Home Tag AUG 1

Tag: AUG 1

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

The Corporate Affairs Commission (CAC) has set August 1, 2026, as the deadline for companies to comply with statutory rules ...

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

© 2026. All Rights Reserved. ApplesBite International Magazine.