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Nigeria CAC warns against 15 fake companies

The Corporate Affairs Commission (CAC) of Nigeria has issued a public warning about approximately 15 unregistered companies that are operating […]

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The Corporate Affairs Commission (CAC) of Nigeria has issued a public warning about approximately 15 unregistered companies that are operating with fake registration numbers across the country. In a recent notice, the CAC advised the public to exercise caution when dealing with individuals or organizations using the listed names, as they may be involved in suspicious business operations. This alert follows an increase in public complaints about dubious activities, prompting the commission to publish a specific compliance notice.

Among the unregistered entities are Famas Services Nigeria Limited, Promo Dutch Investment Limited, and Dialack Concept Nig. Ltd, among others. These companies have been found using counterfeit registration numbers such as RC 216312 and BN 373466. To protect themselves from potential scams, the CAC urges Nigerians and businesses to verify the details of any entity before committing to a transaction. Verification can be done through the CAC’s online portal, by requesting incorporation documents for sensitive or high‑value transactions, and by avoiding payments to unverifiable entities.

The public is also encouraged to report suspicious corporate identities to the CAC or relevant law‑enforcement agencies. This warning serves as a timely reminder of the importance of due diligence in business transactions, especially given the rise of online scams and fake companies. By verifying the authenticity of companies and reporting suspicious activities, individuals can help prevent fraud and promote a safer business environment.

The CAC’s efforts to combat unregistered companies and fake registration numbers are part of a broader initiative to promote transparency and accountability in the business sector. As Nigeria continues to grow its economy, it is crucial for regulatory bodies like the CAC to remain proactive in protecting the public and maintaining the integrity of the business environment. These steps will help foster a more secure and trustworthy climate, attracting both domestic and international investors.

Ifunanya

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