Cynosure FC have been suspended by Nationwide League One, NLO, for the remainder of the 2026 season.
The club were also fined ₦500,000 for fielding professional players and submitting false registration information.
The NLO Disciplinary Committee found the club guilty of violating player eligibility and amateur status rules.
The duo are Nigeria National League players, Orngudwem Raphael of Solution FC and Ogbodo Valentine Chizoba of Osun Utd FC in several matches this season.
Chizoba had been declared absent without leave by Osun United.
Investigators said Cynosure submitted false declarations and misleading documents to register the players as amateurs.
The club also failed to observe the mandatory 30-day hiatus required before a professional can play in an amateur league under FIFA rules.
Cynosure chairman Nwaeze Chidiebere Prince admitted the information was genuine but claimed ignorance of the violations. The committee rejected the defence, saying the actions were deliberate and risked undermining the amateur league.
The sanctions include forfeiture of affected matches and a two-year probation period. The club has 72 hours to appeal the decision, which takes effect immediately.