How to Register Business Name in Nigeria: A Complete Guide for Entrepreneurs

If you’re an aspiring entrepreneur or an existing business owner, knowing how to register business name in Nigeria is a crucial step towards formalizing your enterprise and gaining legal recognition. Registering your business not only protects your brand but also enhances credibility with clients, partners, and investors.

In this article, we’ll walk you through every step of the business name registration process in Nigeria through the Corporate Affairs Commission (CAC), including costs, documentation, and tips to avoid common mistakes.

Why You Should Learn How to Register Business Name in Nigeria

Understanding how to register business name in Nigeria ensures that you operate legally and avoid unnecessary penalties. It offers multiple benefits such as:

• Access to business banking and loans
• Legal protection for your business name
• Eligibility for government and private contracts
• Improved customer trust

Registering your business with the Corporate Affairs Commission (CAC) is now easier with an entirely online process introduced in recent years.

Step-by-Step Guide on How to Register Business Name in Nigeria

Here’s a breakdown of the steps involved in registering your business name in Nigeria through the CAC portal:

1. Name Availability Search

Before you can proceed with the registration, the first step in how to register business name in Nigeria is to ensure your proposed business name is available.

• Visit the CAC Public Search Tool to check if your desired name is available.
• Choose two alternate names to improve your chances of approval.

2. Name Reservation

After confirming availability:

• Log in to the CAC Company Registration Portal (CRP) and create an account.
• Submit a name reservation request and pay a ₦500 fee.
• If approved, the name is reserved for 60 days.

3. Fill Out the Business Name Registration Form

Next in the process of how to register business name in Nigeria is completing the appropriate registration forms:

• Provide details like business name, business address, nature of business, and proprietor details.
• You’ll also need a valid ID (NIN slip, Voter’s card, Passport, Driver’s license).

4. Pay the Registration Fee

As of 2025, the business name registration fee is ₦10,000. Payment can be made directly on the CAC portal using a debit card or bank transfer.

5. Submit Documents and Await Approval

Once payment is confirmed:

• Upload all required documents (ID, passport photograph, etc.).
• Submit the application and wait for processing (typically 3–5 working days).
• You’ll receive your Certificate of Business Name Registration and CAC Form BN1 via email.

Requirements for Registering a Business Name in Nigeria

Anyone wanting to learn how to register business name in Nigeria should prepare the following:

• Two proposed business names
• A passport photograph
• Valid means of identification
• Business address and nature of business
• Email address and phone number

You don’t need a lawyer or accountant to register a business name, although professional help can speed up the process.

Common Mistakes to Avoid When Learning How to Register Business Name in Nigeria

To avoid delays or rejections:

• Don’t choose names identical or too similar to existing businesses.
• Avoid names with government or institutional terms (like “Federal”, “National”) without proper permissions.
• Double-check your information before submission to avoid mismatches with official ID.

How Long Does It Take to Register Business Name in Nigeria?

Generally, the process takes 3 to 7 working days. However, delays can occur if:

• Your proposed name is rejected
• Documents are incomplete or unclear
• System outages occur on the CAC portal

Using accredited CAC agents may help streamline the process. You can find them listed on the CAC Accredited Agents Directory.

What Happens After You Register?

Once your business name is successfully registered:

• Open a business bank account using your CAC documents.
• Register for tax with the Federal Inland Revenue Service (FIRS).
• Consider registering for a trademark through the Trademarks, Patents and Designs Registry to protect your brand.

Frequently Asked Questions About How to Register Business Name in Nigeria

Can I register a business name online in Nigeria?
Yes. Visit the CAC Company Registration Portal to start your application.

Do I need a lawyer to register a business name?
No, individuals can register directly through the CAC portal without legal assistance.

Can foreigners register a business name in Nigeria?
Yes, but foreign investors are generally required to register as a company, not just a business name.

Final Thoughts on How to Register Business Name in Nigeria

Understanding how to register business name in Nigeria is vital for entrepreneurs aiming to establish a credible and legally compliant enterprise. By following the steps outlined above and preparing all necessary documents, you can complete the process quickly and efficiently.

For expert help, Need help? Contact a CAC-accredited agent for support.
✅ Need help Registering your Compamy Limited? Talk to a consultant Whatsapp David (0704 193 2564) or click on the link to chat him directly.