The Corporate Affairs Commission (CAC) has commenced another nationwide exercise to strike off 100,000 companies from Nigeria's corporate register over their failure to file annual returns and comply with other statutory obligations under the Companies and Allied Matters Act (CAMA) 2020.
In a public notice issued by the commission, the CAC said the affected companies have been published on its official website and warned that they risk being removed from the register unless they regularise their records within 90 days from the date of the notice.
According to the commission, the exercise is being carried out pursuant to Section 692 (3) and (4) of the Companies and Allied Matters Act, 2020, which empowers the CAC to strike off companies that fail to meet their statutory filing obligations.
The regulator directed all affected companies to file their outstanding annual returns, update their Persons with Significant Control (PSC) or beneficial ownership information, and regularise every outstanding compliance requirement before the expiration of the grace period.
Evidence of compliance is also expected to be submitted to the commission through its designated communication channels.
The CAC warned that companies that fail to comply within the stipulated timeline would be struck off the register without further notice, effectively dissolving their legal status and preventing them from lawfully carrying on business unless restored by an order of the Federal High Court.
The latest exercise forms part of the commission's ongoing efforts to sanitise Nigeria's corporate registry by removing inactive and non-compliant entities while maintaining an accurate, transparent and credible database of registered companies operating in the country.
Earlier in 2026, the CAC announced that it had deregistered more than 400,000 companies over inactivity and persistent non-compliance with statutory filing requirements, describing the exercise as necessary to improve corporate transparency, strengthen investor confidence and support anti-money laundering measures.
Business owners and company directors have therefore been urged to promptly verify whether their organisations appear on the published list and take immediate steps to meet all regulatory obligations before the deadline expires.
Compliance experts also advise companies to maintain timely annual filings to avoid future sanctions and preserve their legal standing.
The CAC's latest enforcement action underscores the Federal Government's broader commitment to improving corporate governance, strengthening the ease of doing business and ensuring that only active, compliant businesses remain on Nigeria's official register of incorporated entities.