The Corporate Affairs Commission (CAC) has announced it will start enforcing strict statutory requirements on the contents of company business letters and related documents from August 1, 2026.Defaulting companies will face sanctions, the commission warned.
In a public notice signed by its management and shared on its X handle on Wednesday, the CAC reminded businesses of their obligations under the Companies and Allied Matters Act (CAMA) 2020.
The rules, outlined in Sections 304(1), 304(2), and 304(1)(c) of the Act, require that all company business letters, invoices, quotations, official correspondence, and other business documents must clearly display in legible characters:
The company’s registered name and registration number
The present forename or initials and surname of every director
Any former forename and surname of every director
The nationality of every non-Nigerian director
The CAC stated: “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.”
The commission urged all registered companies to ensure immediate compliance before the August 1 deadline to avoid penalties.
Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users

No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com