The Corporate Affairs Commission (CAC) has announced plans to delist 100,000 companies from its register over prolonged inactivity and failure to comply with statutory requirements under the Companies and Allied Matters Act (CAMA).
In a public notice issued by the Commission, the move is part of efforts to sanitise Nigeria’s corporate registry, promote regulatory compliance, and align with global anti-money laundering and corporate transparency standards.
According to the CAC, the affected companies have been identified as either inactive for over 10 years, not carrying on business, or consistently failing to meet key obligations such as the annual filing of returns and disclosure of Persons with Significant Control (PSC).
The Commission has given the companies a 90-day window from the date of the notice to regularise their status or face removal from the register.
To avoid delisting, affected entities are required to file all outstanding annual returns and, where necessary, send activation emails to activation@cac.gov.ng.
“It shall be unlawful for any company struck off the Register of Companies to continue carrying on business unless it is restored by an order of the Federal High Court,” the notice warned.
The Commission also recalled a similar exercise carried out last year, where companies that failed to comply after a public notice in July were delisted by November.