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www.spnglegal.com_____________________________________________________________________________________ • Names, addresses and mobile numbersof major promoters, principal officersand the chairman of the company.NB: This procedure does not attract anystatutory costs.Registration of Business NamesA Business Name is usually associated with sole proprietorships or partnerships. An individual, firm (ofpartners) or corporation may register a Business Name at the CAC. Business names must be registeredwhere the name consists of an addition to a person’s name. For example, Andrew Philips does not requireregistration but Andrew Philips & Co requires registration.Requirements for the registration of Business NamesThe process for registration of Business Names essentially involves the submission of duly completedforms, which would contain information on the proposed business and the details of the individuals orcorporations forming the business. The information would include (but may not be limited to thefollowing):• The proposed name;• General nature of the business;• Full address of the principal place of business;• Where the registration to be effected is that of a firm; the present forenames and surnames,nationality, age, sex, occupation and usual address of each of the individuals who are the intendedpartners or in the case of a corporation which is an intended partner, the corporate name andregistered address of the corporation;• The proposed date of commencement of business;• Certificate of professional qualification where the business is of a professional nature;• Passport photographs of the individuals;_____________________________________________________________________________________Doing Business in NigeriaAn Investor’s Guide- 2013Page 9 of 36