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Guide in Choosing Proposed Limited Company Name in Nigeria

May 22, 2013

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jidetheblogger Avatar
jidetheblogger

When I published “ how to register a company in Nigeria “, I briefly stated the suffixes you can use with your proposed company name while processing your company registration with CAC Nigeria . In this post, am sharing with you the suffixes that are not accepted by CAC as well as the exceptions.

i.     Corporate Affairs Commission does not accept names having such words & suffixes like “ Incorporation “, ” incorporated ”, “ Project “, “ Certified “, “ Group “, “ Consortium “, “ Holdings “, “ Authorized “, “ State “, “ Government “, “ Patent “, “ Commerce “, “ Copyright ” “ Conglomerate “.

However, except in some special cases and ability to fulfill requirements of some other enabling Laws of the Federal Republic of Nigeria in Companies & Allied Matters Act, (CAMA), 1990, such words and suffixes like “Group”, “Consortium”, “Holdings” and ‘’Conglomerate’’ can be used to register companies.

Example: To register a company with names ending in HOLDINGS, GROUP, CONSORTIUM, you must have registered two or three other companies, which you now want to MERGE together into Groups (as in UBA Group ) or Holdings (as in Nuel Ojei Holdings ) or Consortium (as in Dandata Consortium ).

ii.     Names which have Words and Suffixes like Consulting , Construction , Engineering , Medical , Pharmacy , Management , Financial , Accounting , School etc require that at least one Shareholder/Director/Partner provides a photocopy of his/her Educational/Professional/Training/Degree Certificate obtained from Universities, Polytechnic, Colleges of Education, Professional Memberships, Vocational Traning (BSc, BA, MSc, MA, MBA, MBBS, PhD) or Professional Bodies like (COREN, NIM, ICSA, MPA, NSE, ICAN, ANAN, ACA, CITN, etc.)

Companies in Nigeria do not end their naming with ‘ LLC , Incorporated , SA , GmBH , AG , and other foreign connotations’. You will therefore, be dissipating energy trying or thinking up an idea to replicate or model examples of such foreign companies like (Microsoft Incorporation as in US or Saticom LLC as in US, or R & D Holdings SA as in France or Vinton GmBH as in Germany or Accenture AG as in Switzerland) here in Nigeria.

Names of Limited companies in Nigeria are registered with ending suffixes like ‘’ Limited ’’ or ‘’ Ltd ’’ or ‘’ Plc .’’.

iii.     However, there is a difference between ” Trading Name ” and ” Registered Name ”.

You can trade or conduct your activities with ” LLC ” or even mute up ” Ltd ‘ or ” Limited ” by using only catchy names like in Dangote, Ibeto, Honeywell, MTN, CoServi, Glo, Etisalat, Airtel, UBA, GTB, Paga, M-pesa, Microsoft, HP, KPMG, Delloitte, Accenture, Emergent, Facebook, Twitter, Honda, Toyota, CNN, Aljazeera, Gucci, Marks & Spencer, Ikea, Berkshire Hathaway, etc.

Again, you can also tailor your trading name according to what you do or the objects of your company such as Phillips Consulting, Frog Design, Tliblisi Trading, Sahad Freight Services, etc.

But note again, that this is different from the Registration/incorporation Name when it is involving a LIMITED COMPANY, where in Nigeria you MUST insert such suffixes like ”Limited” or ”Ltd” at the end of your choice Limited Company name for registration/incorporation .

Examples .

  1. Nuel Ojei Nigeria Limited
  2. Emerald Investment Ltd. 

There is an exception to this if it involves registering Business Names , which does not have its NAMES with suffixes such as ‘’Limited’’ nor ‘’Ltd’’.

I hope this info is enough to guide you in choosing the proposed names for your company registration to avoid been rejected by CAC.

This info was provided by Bar. Kasie, who is an experienced professional that works as a consultant to CAC Nigeria.

You can contact Bar. Kasie via:

Mobile : 08091921491.
BB : 21673ABE.
Whatsapp : 08095048689.
Address : B40 Ext. Efab, off Gimbiya St. Garki, Abuja. Nigeria.

Whenever you contact him, let him know you got his info from my blog; Ogbongeblog.

Interested in the requirements for the registration of TRUSTEES & NGOs: Foundations, Churches, Clubs, Associations, Initiatives, Charities? Well, I will write on this soon. If you do not want to miss this, SUBSCRIBE here .

If you have contributions or questions to ask, kindly relay them via comments.

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7 responses to “Guide in Choosing Proposed Limited Company Name in Nigeria”

  1. Great Minds Avatar
    Great Minds
    May 24, 2013

    Hello @ Jide, CAC accepts PROJECTS as a combination of a name that someone wants to register. I registered a a company name with Project attached to it. thanks

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  2. Anonymous Avatar
    Anonymous
    May 27, 2013

    Thanks…

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  3. Anonymous Avatar
    Anonymous
    May 8, 2014

    I added the barrister on whatsapp and I don't think His information is still Intact and I couldn't reach him

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  4. Anonymous Avatar
    Anonymous
    January 28, 2016

    Hello Jide,thanks for the insight. however, i have some question. Does the use of prefix make any difference in the business name registration. If one wants to register a coy, eg Elcalys Ltd, Declays Ltd, Mycalys ltd. can they be turned down if a name calys is already registered by CAC? – Calys

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  5. Chiamaka Avatar
    Chiamaka
    November 1, 2017

    pls how do i search online to know if the name I want to use for my company has not been registered…pls reply asap

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  6. Chiamaka Avatar
    Chiamaka
    November 1, 2017

    please jide reply, I know the post is over the..tnk you

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  7. DAVID AFOLABI Avatar
    DAVID AFOLABI
    March 1, 2018

    Good day Sir,
    Thanks for this wonderful information. God bless you.
    Please i submitted names to CAC twice but the names submitted were rejected.
    The name i wish to use is GREAT SUCCESS PROFESSIONALS but I was told the name was not properly couched. I don’t understand what I need to do.
    Please I need your advice on this.
    Thanks

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