The Corporate Affairs Commission (CAC) will begin sanctioning companies that fail to disclose the details of their directors on official business letters from August 1, 2026, as it moves to enforce provisions of the Companies and Allied Matters Act 2020 (CAMA 2020).
In a public notice dated July 7 and signed by its management, the commission said the enforcement would apply to all companies registered under the Companies and Allied Matters Act 2020 or any enactment repealed by the Act.
The regulator said it would begin the full application of Sections 304(1) and (2), as well as Section 729(1)(c) of the Act, warning that non-compliant companies would face sanctions.
Under the law, every registered company is required to include specific information on its business letters in legible characters. The disclosures must include the company’s registered name, registration number, and registered office address.
Companies are also required to state the present forename or initials and surname of every director. Where applicable, they must disclose any former forename and surname of each director, while directors who are not Nigerian citizens must have their nationality stated on the company’s business correspondence. Related News Nigeria's smartphone ambition faces ghosts of assembly lines past Oil heading to $80 a barrel on rising US-Iran tensions ExxonMobil to invest $1 billion in Nigeria's oilfield in boost for FDI drive
