1. Registry Scorecard
Nigeria

2. About Us
• Corporate Affairs Commission is responsible for
administrating :-
– Companies
– Business Names (Sole proprietorship and
partnerships)
– Incorporated Trustees
• Registration is semi-automated with customers
still filing paper documents, however, there are
plans to introduce an electronic system for most
services

3. Statistics
• Total number of registered Companies:
1,015,808
• Total number of registered Business Names:
2,042,014
• Total number of registered Incorporated Trustees:
65,186
• Total number of new Companies registered in the
last 12 months: 119,713
• Total number of searches on Companies in the
last 12 months: 153,610

4. Staffing
• 1,585 Commission staff including:-
– Registry Department -279
– Compliance -33
– Incorporated Trustees -31
– Business Names – 26
– Customer Service – 125
– Record Management Unit – 166

5. Latest Features
• Digitization of manual Companies records
• Fees review
• Introduction of new registration forms
• New requirement for submission of
recognized form of identification by directors
and individual subscribers to Memorandum
and Articles of Association

6. Risks/Concerns
• Identifying and combating fraudulent changes
in the Register
• Combating touting by Commission’s staff