The Corporate Affairs Commission (CAC) has commenced a new nationwide compliance exercise that could lead to the removal of up to 100,000 companies from Nigeria's official register over failure to meet statutory filing requirements. The exercise, identified as Batch 6, is being conducted under the provisions of Section 692 (3) and (4) of the Companies and Allied Matters Act (CAMA), 2020. In a public notice issued on Wednesday and signed by its management, the Commission disclosed that the affected companies had failed to file annual returns and other mandatory corporate documents...