Jonathan Nwokpor
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The names of the companies who failed or refused to amend their yearly returns have been struck off, according to the Corporate Affairs Commission, or CAC.
The comprehensive list is available on the Commission’s website, it was stated.
On Wednesday, the commission declared that the firms that were removed from the register were considered dissolved as of the publishing date.
A statement posted on the Commission’s X account on Wednesday included this information.
According to the Commission, it had previously announced its intention to remove the identities of companies that it had good reason to suspect of not conducting business.
“The General public may recall that the Commission issued Notice of Intention to strike off names of Companies which the Commission has reasonable cause to believe are not carrying out business or are otherwise dormant by reason of not filing Annual Returns for a period of 10 years.
“Statutory Period of 90 days was given to such companies to file the requisite Annual Returns and send activation activation@cac.gov.ng. email to
“Companies that have complied with the advisory have been removed from the list. The Commission pursuant to its powers granted in Section 692 (4) of the Companies and Allied Matters Act No. 3 of 2020 has stricken-off the names of the companies that have failed or refused to update the Annual returns. Detailed list is posted on Commission’s website www.cac.gov.ng.
“Companies stricken-off the register are deemed to have been dissolved from the date of publication.
“It is illegal to enter into any transaction or deal with a company that has been dissolved,” the statement read.
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