Change of Director in Nigeria: A Complete Guide

Learn how to change a company director in Nigeria with the Corporate Affairs Commission (CAC). Step-by-step guide, requirements, and professional support from Business Registration Ventures.

 

 

Introduction

Every company in Nigeria is required to have directors who oversee its affairs and make key decisions. However, circumstances may arise where a company needs to change its directors—either by adding new ones, removing existing ones, or replacing them altogether.

At Business Registration Ventures, we help businesses process director changes with the Corporate Affairs Commission (CAC) seamlessly, ensuring compliance with the Companies and Allied Matters Act (CAMA) 2020.

This article explains everything you need to know about changing a director in Nigeria.

 

 

Reasons for Change of Director

A company may decide to change its directors for several reasons, such as:

• Resignation – when a director voluntarily steps down.
• Death – in the unfortunate event of a director’s passing.
• Removal – when shareholders vote to remove a director.
• Appointment of New Directors – to expand the board or replace old members.
• Incapacity – when a director can no longer perform duties due to illness or other factors.

 

 

Legal Basis under CAMA 2020

The Companies and Allied Matters Act (CAMA) 2020 provides the framework for appointment and removal of directors. Specifically:

• Directors can be appointed by shareholders through ordinary resolution.
• A director can resign by giving written notice to the company.
• Shareholders can remove a director through an ordinary resolution at a general meeting.

The company must then notify the CAC of the change within the required timeframe.

 

 

Requirements for Change of Director with CAC

To process a change of director, the following documents are typically required:

1. Resolution of the Board or General Meeting approving the change.
2. Resignation Letter (if applicable).
3. Death Certificate (if applicable).
4. Form CAC 7A (Particulars of Directors) – updated with new details.
5. Means of Identification of new director(s).
6. Updated Annual Returns (if pending).
7. Payment of CAC Filing Fees.

 

 

Step-by-Step Process of Changing a Director

1. Convene a Meeting – Hold a board or general meeting where the resolution to change director(s) is passed.
2. Prepare Documentation – Draft resignation letters, resolutions, and updated particulars of directors.
3. File with CAC – Submit all required documents online through the CAC portal.
4. Pay Filing Fees – Make payment for the statutory filing fees.
5. Obtain Updated Records – CAC will update the company’s records and issue acknowledgment.

 

 

Timeline

The change of director process typically takes 5–10 working days, depending on the completeness of documents and CAC’s processing speed.

 

 

Why Work with Business Registration Ventures?

Changing a director may seem straightforward, but errors in documentation or delays in filing can affect your company’s compliance status. At Business Registration Ventures, we:

• Guide you on the correct resolutions and documentation.
• Handle CAC filing professionally.
• Ensure your company records remain compliant.
• Save you time and stress.

 

 

Conclusion

A change of director is a normal part of company growth and governance. What matters is ensuring the process is properly documented and filed with the CAC to keep your company in good standing.

At Business Registration Ventures, we provide professional assistance with director changes, company updates, and all CAC-related services.

Contact us today to handle your change of director quickly and correctly.