DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 228)
“DEADLINE FOR REGISTRATION OF BUSINESS NAMES IN NIGERIA”

Business names in Nigeria are to be registered with the Corporate Affairs Commission (CAC) at least within 28 days after their commencement of business.
Also note that registration of business name is not necessary where a business name contains just names and initials of its owners.

My authorities are sections 570, 572, 573 and 574 of Companies and Allied Matters Act, 1990.

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DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 159)
“Unlike A Company, A Business Name Cannot Own Land In Nigeria”.

Like a human being, a company is a corporate being that can own property, sue and be sued. A business name is neither a human being nor a corporate being that can own, acquire, maintain and sell a land or landed property in any part of Nigeria.

My authority is section 37 of Companies and Allied Matters Act.

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DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 54)

A business name needs not to be registered with the Corporate Affairs Commission (CAC) where such name only shows that the business is conducted in succession or it contains only surname of 2 or more partners with same surnames added letter “s”. For example “ONYEKACHI UMAH & SONS” and “UMAH’S”.

See, Section 573(2) of the Companies and Allied Matters Act.

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