By Progress Godfrey
The Corporate Affairs Commission (CAC) has given companies until August 1, 2026, to comply with statutory requirements on business letters, warning that defaulters would face sanctions.
The commission, in a public notice on Wednesday, said the enforcement is in line with Sections 304(1) and (2) and 729(1)(c) of the Companies and Allied Matters Act (CAMA) 2020 and applies to all companies registered under the Act or any law it repealed.
Under the law, every company must state on its business letters the present forename or initials and surname of each director, any former forename and surname, and the nationality of every non-Nigerian director.
Companies are also required to display their registered company name, registration number and registered office address in clear and legible characters on all business letters.
The commission said: “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 urged companies to review their business letterheads and other official correspondence to ensure they comply with the provisions of the law before the enforcement date.
The commission said the enforcement aims to ensure that companies provide accurate information about their directors and corporate identity in official communications and to strengthen compliance with the Companies and Allied Matters Act (CAMA) 2020.
It reaffirmed its commitment to transparency, accountability and customer satisfaction while working to build a more resilient and responsive corporate regulatory environment.
