CAC
The Corporate Affairs Commission (CAC) has announced plans to strike off 100,000 companies from its database for failing to file their annual returns.
In a public notice signed by the Commission’s management and released on Wednesday, July 15, 2026, the regulatory body disclosed that it has commenced another round of cleansing the national register of inactive corporate entities.
The move is in accordance with Section 692 (3) and (4) of the Companies and Allied Matters Act (CAMA) 2020, which empowers the commission to remove companies from its register if it has reasonable cause to believe they are no longer carrying on business or are not in operation.
90-Day Grace Period
The Commission has given the affected companies a 90-day window from the date of the notice to regularize their status or face automatic delisting.
To prevent being struck off, the affected firms must take the following urgent steps:
- File all outstanding annual returns up to date.
- Update all relevant corporate records, including Persons with Significant Control (PSC) and Beneficial Ownership information.
- Submit evidence of compliance directly to the commission’s designated email address: struckoffcompanies@cac.gov.ng.
The CAC warned that any firm failing to comply within the stipulated 90-day timeline will be struck off the register without further notice.
The commission has made the list of the affected 100,000 companies available on its official portal. Business owners, directors, and stakeholders are urged to visit www.cac.gov.ng to check if their companies are listed.
Striking a company off the register means the entity loses its legal status to operate in Nigeria. Any assets held by a struck-off company may become forfeit, and the company cannot legally conduct business transactions unless restored through a formal, often costly, legal petition process.
“The Commission remains committed to providing prompt and efficient services to the satisfaction of our valued customers,” the management stated, urging business owners to act swiftly to protect their corporate identities.
