The Corporate Affairs Commission has announced that it will begin enforcing statutory requirements governing the contents of company business letters from August 1, 2026, warning that companies that fail to comply will face sanctions.
The commission disclosed this in a public notice signed by its management and shared on its official X handle on Wednesday.
Under the provisions of the Companies and Allied Matters Act 2020, all company business letters are required to display key information, including the company’s registered name, registration number, the present forenames or initials and surnames of directors, any former forenames and surnames, as well as the nationality of every non-Nigerian director.
The requirement applies to business documents such as invoices, quotations, official correspondence and other corporate communications.
According to the commission, the enforcement exercise will ensure full compliance with Sections 304(1), 304(2) and 304(1)(c) of the Companies and Allied Matters Act 2020.
The notice stated, “Commencing the 1st day of August 2026, the Commission shall enforce the full application of the requirements of Sections 304(1) and (2), and 304(1)(c) of the Act with respect to company business letters, with attendant sanctions for non-compliance.”
The CAC further reminded companies registered under the Act to ensure that their business letters clearly state “the present forename or initials and surname; any former forename and surname; and nationality of every non-Nigerian director, as well as the company’s name and registration number.”
The commission urged all affected companies to comply with the legal requirements before the enforcement date to avoid penalties.
It added, “The Commission remains committed to transparency, accountability and customer satisfaction as it strives to build a more resilient and responsive corporate regulatory environment.”
