The Corporate Affairs Commission (CAC) has directed all registered companies to comply with statutory requirements governing business letters before August 1, 2026, warning that non-compliant organisations will face sanctions once enforcement begins.
The directive was contained in a public notice issued by the commission on Wednesday.
According to the CAC, the enforcement is based on the provisions of 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 previous legislation it replaced.
Under the law, every company is required to include on its business letters the present forename or initials and surname of each director, any former forename and surname where applicable, as well as the nationality of every director who is not a Nigerian.
Companies must also display their registered company name, registration number and registered office address clearly and legibly on all official business correspondence.
The commission stated that full enforcement of the statutory requirements would commence on August 1, 2026, after which sanctions would be imposed on companies that fail to comply.
According to the notice, “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 advised companies to review their letterheads and other official documents to ensure they meet the legal requirements before the deadline.
The commission explained that the enforcement is intended to improve transparency by ensuring that companies provide accurate information about their directors and corporate identity in all official communications.
It also reaffirmed its commitment to promoting accountability, regulatory compliance and customer satisfaction while strengthening Nigeria’s corporate regulatory framework.
