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enforcement would apply to all companies registered under the Companies and Allied Matters Act 2020 or any enactment repealed by the Act.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.
“The Commission wishes to inform the General Public, Esteemed Customers, and in particular, Companies registered under the Companies and Allied Matters Act 2020 (or any enactment repealed by the Act), that commencing the 1st day of August 2026, the Commission shall enforce the full application of the requirements of Sections 304(1) and (2) and 729(1)(c) of the Act with attendant sanctions for non-compliance,” the notice stated.
The CAC urged companies to review their business stationery and official correspondence ahead of the August 1 enforcement date to ensure they comply with the statutory requirements.
The commission said the enforcement is part of its efforts to strengthen corporate transparency and accountability in Nigeria’s business environment.
“The Commission remains committed to transparency, accountability, and customer satisfaction as it strives to build a more resilient and responsive corporate regulatory environment,” it said.
The enforcement marks a stricter approach to compliance with disclosure obligations under CAMA, placing fresh responsibility on companies to ensure that all official business letters carry the information prescribed by law or risk regulatory sanctions.