CAC begins strike-off of 100,000 firms over unfiled returns, 90-day grace

CAC begins strike-off of 100,000 firms over unfiled returns, 90-day grace

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Amaka in Business & Making Money July 16, 2026, 11:34 am
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The Corporate Affairs Commission (CAC) has issued a public notice dated Wednesday, July 14, 2026, announcing the start of a strike‑off process for 100,000 companies that have failed to file annual returns and other statutory documents. The action is based on sections 692(3) and (4) of the Companies and Allied Matters Act (CAMA) 2020. Affected companies can view the full list on the CAC website at http://cac.gov.ng and have 90 days from the notice date to regularise their records by filing outstanding annual returns, Persons with Significant Control/Beneficial Ownership information, and any other pending filings. Evidence of compliance must be sent to a designated CAC email address; companies that do not comply will be removed from the register and will not receive a second chance. The CAC says it remains committed to efficient service and notes that a similar 90‑day deadline was issued previously. For business owners, this means checking whether their company appears on the list, preparing all required documents, and submitting proof within the three‑month window to avoid delisting, which would affect their ability to operate legally, access bank facilities, or enter into contracts. Will you verify your company’s status on the CAC portal now and gather the necessary filings to keep your business active, or risk losing corporate recognition?


SOURCE: https://dailypost.ng/2026/07/16/unfiled-returns-cac-begins-moves-to-deregister-100000-companies/


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