Registration Of Business Names Law In Nigeria: A Comparative Study Of The Companies And Allied Matters Acts of 1990 and 2020
Article by David Akinola Oluwagbami
Registration of business names facilitates the identification, registration and minimally regulating the informal sector business operators. This article, using doctrinal and legal comparative method, discusses and compares the 1990 and 2020 Nigerian Business Law legal regimes, drawing similarities and differences between the provisions of the 1990 and 2020 Companies and Allied Matters Acts. There has been improvement in the legal and administrative framework for business name registration as a special purpose vehicle for exploring business opportunities in Nigeria. It is however recommended that the newly improved administrative structure is adequately funded and efficiently managed to foster sustainable economic development for the entrepreneurs concerned in particular, and the nation as a whole.