Business

Nigeria Launches New “Start-to-Finish 24-Hour” Business Incorporation Services

The news below is great news for the music industry and entrepreneurs at large looking to do business in Nigeria.

“Nigeria yesterday recorded a landmark achievement in its Investment Climate Reforms Programme as the Corporate Affairs Commission, a parastatal under the Ministry of Trade and Investment, kicked off its start-to-finish 24-hour business incorporation service.

The Minister of Trade and Investment, Mr. Olusegun Aganga, said the inauguration of the one-day start-to-finish business registration marked an important milestone in the efforts of President Goodluck Jonathan’s administration to reposition the Nigerian business environment.

He spoke during the commissioning of the Alausa, Lagos office of CAC and the inauguration of the Commission’s 24-hour start-to-finish incorporation service in Lagos.

Aganga also directed the CAC to open a complaints register for customers who are unable to register their businesses within 24 hours.

He said, “The Lagos offices (Yaba and Alausa) can now accept Incorporation documents and process the certificates from start to finish within 24 hours. The same thing goes for the Head Office. This is encouraging in line with global best practices and useful for investors who would want to commence business urgently.

“The target is to ensure that companies are registered within two hours and to institute a vibrant and transparent companies registry where services will be user-friendly. However, to show that we mean business and that we care about our customers, I direct that a complaints register be opened for anyone who is not able to get his company registered within 24 hours. .  .”

The Leadership has the full story.

Africa Music Law™

AFRICA MUSIC LAW™ (AML) is a pioneering music business and entertainment law website, livestream and podcast show empowering the African artist and Africa's rapidly evolving entertainment industry through its brilliant music business and entertainment law commentary and analysis, industry news, and exclusive interviews.

For general inquiries, advertising, licensing, or to appear on the show as a guest, please email ([email protected]). Thank you for visiting.

ABOUT THE FOUNDER

Credited for several firsts in the fashion and entertainment industry, Uduak Oduok (Ms. Uduak) is a fashion and entertainment lawyer, speaker, visionary, gamechanger, trailblazer, and recognized thought leader, for her work on Africa’s emerging global fashion and entertainment markets, and the niche practice of fashion law in the United States. She is also the founder of ‘Africa Music Law,’ an industry go-to music business and law blog and podcast show empowering African artists. Her work in the creative and legal industries has earned her numerous awards and recognitions, including an award from the American University Washington College of Law for her “legal impact in the field of intellectual property in Africa." She has also taught as an Adjunct Professor at several institutions in the United States. For more information, visit her at https://msuduak.com.

You may also like...