CAC Begins Removing 100,000 Companies from Register Over Regulatory Non-Compliance

The Corporate Affairs Commission (CAC) has announced the commencement of another exercise to remove 100,000 companies from Nigeria’s register of companies for failing to comply with statutory requirements under the Companies and Allied Matters Act (CAMA), 2020.

In a public notice issued on Thursday, and dated July 15, 2026, the commission said the exercise was being carried out pursuant to Sections 692(3) and 692(4) of the Companies and Allied Matters Act, 2020.

The notice stated: “This is to notify the General Public and Esteemed Customers that the Corporate Affairs Commission has commenced another round of striking off names of companies from the Register pursuant to the provisions of Section 692 (3) and (4) of the Companies and Allied Matters Act, 2020.”

According to the commission, the affected companies are listed on its official website.

“The list of the affected One Hundred Thousand (100,000) companies can be accessed at the Commission’s Website,” the notice said.

The CAC directed all affected companies to update their records by filing outstanding annual returns and beneficial ownership information within 90 days.

“The affected companies are hereby advised to take steps to file all outstanding Annual Returns (and by extension Persons with Significant Control/Beneficial Ownership information) and regularize their records within ninety (90) days of this notice,” the commission said.

It added that companies must send proof of compliance to the designated email address, struckoffcompanies@cac.gov.ng, within the stipulated period.

The commission warned that failure to comply would result in the affected companies being removed from the register without any further notice.

“Please note that companies that fail to comply within the stipulated timeline shall be struck off the Register without further notice,” the notice stated.

The CAC reiterated its commitment to improving service delivery, saying, “The Commission remains committed to providing prompt and efficient services to the satisfaction of our valued customers.”