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Posted By Udokabestluv On July 8th, 2026
The Corporate Affairs Commission has announced that it will begin enforcing statutory requirements on the contents of company business letters from August 1, 2026, warning that defaulting companies will face sanctions.
The commission disclosed this in a public notice signed by its management and posted on its X handle on Wednesday.
PUNCH Online reports that under the Companies and Allied Matters Act 2020, company business letters are required to clearly display key details, including the company’s registered name, registration number, directors’ present forenames or initials and surnames, any former forenames and surnames, and the nationality of every non-Nigerian director.
The requirement applies to all company business letters, including invoices, quotations, official correspondence and other business documents.
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 (1)(c) of the Act with respect to company business letters with attendant sanctions for non-compliance.”
It reminded companies registered under the Act “to state in legible characters on its business letters, 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 affected companies to comply with the provisions before the enforcement date to avoid sanctions.
“The Commission remains committed to transparency, accountability and customer satisfaction as it strives to build a more resilient and responsive corporate regulatory environment,” the statement added.
Source: https://punchng.com/companies-with-incomplete-business-letters-face-sanctions-august-1-cac/
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