CAC to begin enforcement of directors’ disclosure on company letters from Aug 1

The Corporate Affairs Commission (CAC) has announced that it will begin enforcing statutory requirements compelling companies to disclose directors’ details on their business letters from August 1, 2026, warning that non-compliant firms will face sanctions.

The commission said the enforcement is in line with Sections 304(1), 304(2) and 729(1)(c) of the Companies and Allied Matters Act (CAMA) 2020, which prescribe the information companies must include in official business correspondence.

In a public notice issued on Wednesday, the CAC stated that the directive applies to all companies registered under CAMA 2020 or any law repealed by the Act.

According to the commission, company business letters must prominently display the company’s registered name, registration number and registered address. They must also include the current first names or initials and surnames of all directors, any former names where applicable, and the nationality of directors who are not Nigerian citizens.

“The Commission wishes to inform the general public, esteemed customers and, in particular, companies registered under the Companies and Allied Matters Act 2020… that commencing August 1, 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 said the enforcement forms part of ongoing efforts to strengthen corporate governance, improve transparency and accountability, and promote a more responsive regulatory environment for businesses operating in Nigeria.

The commission advised affected companies to review their official documents and ensure full compliance before the enforcement date to avoid regulatory penalties.