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CAC Commences Deregistration of 100,000 Companies Over Unfiled Annual Returns
CAC Commences Deregistration of 100,000 Companies Over Unfiled Annual Returns
The Corporate Affairs Commission has commenced the process of deregistering 100,000 companies for failing to file annual returns and other statutory documents, marking the sixth batch of its ongoing corporate clean-up exercise . The commission announced the development in a public notice issued on July 15, 2026, warning affected companies that they have 90 days to regularise their records or risk being permanently removed from Nigeria’s corporate register .
The latest enforcement action, tagged Batch 6, is being carried out under Sections 692(3) and (4) of the Companies and Allied Matters Act 2020, which empowers the commission to strike off companies that are no longer carrying on business or have failed to meet regulatory requirements . The exercise forms part of the CAC’s broader drive to sanitise Nigeria’s corporate register, eliminate dormant entities, and strengthen business transparency across the country .
The commission posted the notice on its official X handle and website, stating: “This is to notify the General Public and Esteemed Customers that the Corporate Affairs Commission has commenced another round of striking off names of companies from the Register pursuant to the provisions of Section 692 (3) and (4) of the Companies and Allied Matters Act, 2020″ . The list of the affected 100,000 companies has been published on the commission’s official website, cac.gov.ng, for public access and verification .
The commission has directed all affected companies to file all outstanding annual returns and update their Persons with Significant Control, also known as beneficial ownership information, to regularise their records . The requirement to disclose PSC forms part of Nigeria’s efforts to strengthen corporate transparency, combat money laundering, and align its corporate governance framework with global beneficial ownership disclosure standards .
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Affected companies are required to submit evidence of compliance to the designated email address, struckoffcompanies@cac.gov.ng, within the 90-day grace period . The commission warned that companies that fail to comply within the stipulated timeline shall be struck off the register without any further notice . The notice reaffirmed: “The Commission remains committed to providing prompt and efficient services to the satisfaction of our valued customers” .
Under the Companies and Allied Matters Act 2020, every registered company is required to file annual returns with the CAC to confirm that it remains operational and compliant with regulatory requirements . For companies, annual returns must be filed within 42 days after each anniversary of incorporation, while registered business names are required to file their returns annually before June 30 . Failure to comply attracts statutory penalties, outstanding filing fees and, ultimately, the risk of being struck off the commission’s register .
The latest exercise follows similar enforcement actions undertaken by the commission in recent years . In February 2025, the CAC announced that it had struck off more than 400,000 companies from Nigeria’s corporate register due to inactivity and non-compliance with regulatory requirements . At the time, the commission said the move was aimed at sanitising the database, improving transparency, and preserving the integrity and credibility of Nigeria’s official register of companies . The commission also announced plans to remove another batch of about 100,000 companies over prolonged inactivity and failure to comply with statutory filing obligations .
The CAC noted that the exercise forms part of its statutory responsibility to maintain an accurate and up-to-date companies register while promoting regulatory compliance among registered businesses in Nigeria . The commission reiterated its commitment to providing prompt and efficient registration and regulatory services, assuring customers of continued efforts to strengthen corporate governance and ensure the integrity of the nation’s corporate database .
When a company is deregistered, the CAC removes it from its official registry, effectively rendering it non-existent in law . Companies that are struck off lose their legal status and can no longer operate as incorporated entities in Nigeria . However, restoration is possible within two years of deregistration under Section 692 of CAMA 2020, which provides that an application for restoration can be made within that period . The restoration process typically requires a court order, payment of outstanding penalties and fees, and submission of updated annual returns and other compliance documents to the CAC .
Business owners and directors have been advised to verify whether their companies are listed among the affected entities and take immediate steps to meet the regulatory requirements before the deadline expires . The 90-day window provides affected businesses with a final opportunity to update their records before formal deregistration proceedings are concluded .
CAC Commences Deregistration of 100,000 Companies Over Unfiled Annual Returns
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Attempted Suicide: ‘If You Survive, We’ll Jail You’ – Akpabio
Senate President Godswill Akpabio has sparked controversy with his opposition to a bill seeking to decriminalise attempted suicide in Nigeria, insisting that people who survive suicide attempts should face imprisonment.
Akpabio made the remarks on Tuesday during a Senate debate on the proposed Suicide Prevention Bill 2026, which seeks to replace criminal punishment for suicide attempts with medical treatment, rehabilitation and support for survivors.
“As far as we are concerned, we are saying that suicide is a crime for now. Therefore, if you attempt it, you better succeed. If you don’t succeed, we will send you to prison,” Akpabio said.
He reiterated his position, warning that anyone who attempted suicide but survived would be jailed.
His comments came as the Senate passed the bill for second reading, allowing it to proceed to further legislative scrutiny despite his opposition.
Sponsored by Senator Asuquo Ekpenyong, who represents Cross River South, the bill seeks to establish a national framework for suicide prevention, early intervention, treatment and long-term support for people who survive suicide attempts.
Ekpenyong argued that Nigeria’s existing legal framework contains a contradiction because the National Mental Health Act 2021 recognises attempted suicide as a psychiatric emergency requiring intervention, while provisions of the Criminal Code and Penal Code continue to criminalise the act.
He specifically cited Section 327 of the Criminal Code and Section 231 of the Penal Code, which expose people who survive suicide attempts to possible criminal punishment under applicable laws.
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The senator said criminalising attempted suicide could discourage people experiencing severe emotional distress from seeking professional help. It could also make families conceal incidents for fear of prosecution and stigma, while undermining the collection of reliable data needed to strengthen prevention efforts.
Ekpenyong challenged lawmakers to consider whether a person who survives a suicide attempt should face prosecution or receive protection and medical care.
He maintained that decriminalising attempted suicide would not mean encouraging suicide or excusing anyone who assists, persuades or procures another person to take their life. Rather, the proposal would recognise suicide prevention as a public health responsibility requiring coordinated medical, psychological and social support.
The bill proposes a framework for medical assessment, referral services, rehabilitation and follow-up care for survivors. It also provides for crisis helplines, public awareness campaigns and training for police officers, teachers and healthcare workers to help them identify and respond appropriately to people experiencing suicidal distress.
Another proposed measure is the establishment of a national data system to improve understanding of suicide attempts and support evidence-based prevention programmes.
During the debate, Senator Ned Nwoko, representing Delta North, seconded the motion for the bill’s second reading but questioned how the proposed legislation would work in practice to prevent suicide.
Senate Leader Opeyemi Bamidele also raised concerns about the legal implications of the proposal, particularly how amendments involving the Criminal Code and Penal Code would apply across Nigeria’s states.
Bamidele urged lawmakers to examine the relationship between federal legislation and state legal frameworks to avoid conflicts during implementation.
Akpabio similarly called for input from state Houses of Assembly during the proposed public hearing, arguing that the legal implications of amending the existing provisions required careful consideration.
Senator Abdul Ningi, representing Bauchi Central, welcomed the proposal and said the legislative process would provide an opportunity for medical professionals, legal experts and other stakeholders to contribute to the debate.
The bill’s supporters argue that people who survive suicide attempts should not automatically be treated as criminals without consideration of the circumstances that led to the crisis. They maintain that punishment alone cannot address the underlying psychological, social or medical factors associated with suicidal behaviour.
The Senate’s decision to pass the bill for second reading does not mean that the proposed changes have become law. The legislation has been referred to the relevant Senate committees on health and judiciary for further consideration, including a public hearing.
Until the legislative process is completed and any resulting law takes effect, attempted suicide remains punishable under applicable provisions of Nigeria’s existing criminal laws.
The debate has brought renewed attention to Nigeria’s approach to suicide prevention and the treatment of survivors, with lawmakers now facing further scrutiny of whether criminal penalties or a health-centred response should take priority.
Attempted Suicide: ‘If You Survive, We’ll Jail You’ – Akpabio
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Money Rituals: Four Arrested in Kwara Over Suspected Human Parts
The Kwara State Police Command has arrested four suspects in two separate investigations involving suspected human body parts and the alleged removal of human heads from graves, amid concerns about crimes reportedly linked to money-making rituals.
The cases involve the recovery of two suspected human hands along Bakase Road in Alapa, Moro Local Government Area, and the alleged exhumation of graves at a cemetery in Omupo, Kwara State.
The Commissioner of Police, Adekimi Ojo, disclosed the arrests during a security briefing in Ilorin on Tuesday, October 13, 2026, as the command announced operations targeting suspected criminal activities across the state.
In the Alapa case, police arrested Kamalden Lukmon and AbdulGaniyu Ibrahim after recovering two suspected human hands on October 8.
According to the police, preliminary investigations indicated that the suspects allegedly intended to use the body parts for money-making rituals.
The suspects reportedly told investigators that a vigilante member identified as Abdulraf Apata had handed the suspected human hands over to them. Police said the allegation was being investigated to establish how the body parts were obtained and whether other individuals were involved.
The command has not publicly established the identity of the possible victim or the circumstances surrounding the origin of the suspected human hands. The allegations against the suspects and the person they reportedly named have yet to be determined by a court.
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In a separate investigation, police arrested Abu Jimoh and Ayo Jimoh over the alleged exhumation of graves and removal of human heads from a cemetery in Omupo.
The case reportedly came to light in May 2026 when residents visited the cemetery to bury a deceased person and discovered that some graves had been disturbed and the heads of bodies buried there were missing.
The discovery prompted a police investigation into the suspected grave exhumation and the whereabouts of the missing remains.
The commissioner said the two suspects were arrested at about 5 a.m. on October 8 while they were allegedly digging graves at the cemetery.
During interrogation, the suspects reportedly named Mukaila Bello, a herbalist, as the alleged buyer of the missing human heads. However, the police account did not establish whether Bello had been arrested or whether the allegation against him had been independently verified.
Investigators were continuing efforts to establish the full circumstances of the incident, locate the missing remains and determine whether other people were involved.
The police have not established a direct connection between the Omupo cemetery case and the separate recovery of suspected human hands in Alapa. The incidents remain distinct investigations.
The arrests were among several security cases discussed during the commissioner’s briefing, at which the command reportedly presented 17 suspects linked to various alleged offences, including kidnapping, armed robbery, murder, child abuse and illegal possession of firearms. The figure covers multiple cases and does not refer solely to the four suspects in the human-parts investigations.
The latest developments have drawn attention to concerns about ritual-related crime and the unlawful handling of human remains in parts of Kwara State. Investigations are expected to establish the facts behind the allegations and determine whether further arrests or prosecutions are warranted.
In a separate incident earlier in 2026, a suspect identified as Hamza Woru was reportedly arrested in Kaiama over the alleged possession of a human skull said to have been exhumed from a deceased relative’s grave. That case is separate from the October investigations in Omupo and Alapa.
The police urged residents to report suspicious activities, particularly around cemeteries and other locations where criminal conduct may be taking place. Community leaders and other stakeholders were also encouraged to provide credible information that could assist investigations and help prevent crime.
The command said it would continue intelligence-led operations to identify suspected offenders, investigate criminal networks and strengthen public safety across the state.
The four suspects remain entitled to the presumption of innocence unless the allegations against them are established in court.
Money Rituals: Four Arrested in Kwara Over Suspected Human Parts
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Osogbo Cultism Crackdown: Six Suspects Arrested as Police Recover Drugs, Charms
The Osun State Police Command has arrested six suspected cultists during intelligence-led raids on criminal hideouts in Osogbo, the state capital, as security operatives intensify efforts to curb cult-related violence and other criminal activities.
The suspects were allegedly associated with the Eiye Confraternity and were linked by investigators to a suspected gang operating around Mackay Junction in Osogbo, where residents have raised concerns about criminal activities and threats to public safety.
The Police Public Relations Officer, DSP Abiodun Ojelabi, disclosed the arrests in a statement on Tuesday, October 13, 2026, saying the operation followed directives from the Commissioner of Police, Ibrahim Gotan Zungura, to strengthen security and dismantle criminal hideouts across the state.
According to the command, operatives recovered suspected criminal charms, illicit drugs and cash believed to be proceeds of drug-related activities during the raids.
The six suspects were identified as Ajibade Lateef, 21; Olaniyi Kabiru, 27; Ifaleke Ifedeji, 18; Tajudeen Wasiu, 35; Abideen Babatunde, 35; and Opeyemi Lukman, 18.
The police said preliminary investigations indicated that the suspects were allegedly connected to the Eiye Confraternity and a suspected criminal network operating in the Mackay Junction area. However, the allegations against them have yet to be established in court.
Reports by Nigerian media outlets indicated that the suspects had been charged to court, although further details about the charges and proceedings were not immediately available.
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The arrests come amid renewed concerns over cult-related violence in Osogbo. In a separate incident, two people were reportedly killed in an attack involving suspected rival cult groups in the state capital.
The reported killings have heightened concerns about the activities of suspected cult groups and the risk of further violence. However, the police have not publicly established a direct link between the six suspects arrested in the latest raids and the separate fatal incident.
The latest operation forms part of the command’s wider efforts to identify and dismantle criminal networks, prevent violent confrontations and improve public safety across Osun State.
The Commissioner of Police urged parents, guardians, community leaders, landlords and residents to support security agencies by reporting suspicious movements and providing credible information that could assist investigations.
He also warned young people against cultism, illicit drug use and criminal associations, stressing the importance of community cooperation in preventing violence and protecting lives and property.
The command said it would sustain intelligence-led operations in identified criminal hideouts and other areas considered security threats. It also encouraged residents to report suspected criminal activities to the nearest police station or through established police emergency channels.
The police maintained that the operations were aimed at strengthening security across the state and ensuring that individuals suspected of criminal activities were brought before the appropriate authorities.
Osogbo Cultism Crackdown: Six Suspects Arrested as Police Recover Drugs, Charms
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