Four Registrations Come Before Any Licence

Businesses planning a licensed operation in Nigeria budget carefully for the sector licence and underestimate what has to happen first. Four federal registrations gate the application. They run in sequence rather than in parallel, and two of them create obligations that never close.
One: the company
Nothing starts without incorporation at the Corporate Affairs Commission under the Companies and Allied Matters Act 2020. A foreign investor cannot hold a Nigerian sector licence through an offshore vehicle; the licensee must be a Nigerian entity with a registered address. As LEADERSHIP has set out in its step-by-step guide to CAC registration , the portal has compressed this stage, and i...