CAC to enforce mandatory company information on business letters from August 1

Nairavoice | 1h ago 96 0 2 min read
CAC to enforce mandatory company information on business letters from August 1

The Corporate Affairs Commission, CAC, has announced that it will begin full enforcement of statutory requirements governing information to be displayed on company business letters from August 1, 2026.

In a public notice dated July 8, 2026, the Commission said the enforcement would apply to all companies registered under the Companies and Allied Matters Act 2020, warning that non-compliant firms would face sanctions.

“The Commission wishes to inform the General Public, Esteemed Customers, and in particular, Companies registered under the Companies and Allied Matters Act 2020, that commencing the 1st day of August 2026, the Commission shall enforce the full application of the requirements of sections 304(1) & (2) and (1)(c) of the Act with respect to company business letters with attendant sanctions for non-compliance,” part of the statement read.

According to the CAC, the enforcement is in line with Sections 304(1), 304(2) and the relevant provisions of the Act, which require companies to include specific details on their business letters.

The Commission stated that every registered company must clearly display its name and registration number, as well as the present forename or initials and surname of each director.

Companies are also required to state any former forename and surname of directors, in addition to the nationality of every non-Nigerian director.

The CAC urged companies to ensure compliance before the August 1 deadline to avoid penalties.

The Commission said the move is part of its commitment to promoting transparency, accountability and customer satisfaction while strengthening Nigeria’s corporate regulatory environment.

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Nairavoice
Nairavoice

Contributor at NairaVoice.com.ng

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