The Corporate Affairs Commission (CAC) has commenced another phase of its nationwide exercise to strike off inactive companies from the register, placing 100,000 companies at risk of deregistration for failing to comply with statutory filing obligations.
In a public notice issued on July 15, 2026, the Commission said the exercise is being carried out in accordance with Sections 692(3) and 692(4) of the Companies and Allied Matters Act (CAMA), 2020.
According to the CAC, the affected companies have been published on its official website and are required to file all outstanding Annual Returns, including Persons with Significant Control (PSC) or Beneficial Ownership information, within 90 days from the date of the notice.
The Commission directed affected companies to regularise their records and forward evidence of compliance to its designated email address for struck-off companies within the stipulated period.
It warned that companies that fail to meet the deadline would be struck off the Register without any further notice.
The CAC stated that the latest exercise forms part of its ongoing efforts to maintain an accurate and up-to-date companies register in line with the provisions of the Companies and Allied Matters Act.
The Commission reaffirmed its commitment to delivering prompt and efficient services while ensuring regulatory compliance among registered business entities in the country.