CAC Warns Nigerians Against Dealing with Fake Companies

The Corporate Affairs Commission (CAC) has issued a warning to Nigerians against dealing with individuals or organizations operating under certain company names and registration numbers that are not found in its official records. This warning is aimed at protecting investors, businesses, and the general public from fraudulent activities

The CAC has listed several unregistered companies that Nigerians should be cautious of, including:

– Famas Services Nigeria Limited (RC 216312)
– Promo Dutch Investment Limited (RC 396654)
– Dialack Concept Nig. Ltd (RC 297772)
– Purpleheart Construction and Real Estate Mgt. Co. Ltd (RC 1210548)
– M/S Loktu Enterprises (BN 373466)
– Loktu Enterprises (BN 400390)
– Badatoyak Ltd (RC 521322)
– Johson Nats Limited (RC 198492)
– Peoples Club Nigeria International (CAC/IT/41191)
– Jiba Enterprise (BN 577523)
– Civil Engineering Solutions Nigeria Limited (RC 33001)
– Gabdoff Hotel Ltd (RC 112409)
– Amoka Group (BN 545221)
– BEEC Nigeria Limited (RC 30143)
– S. S. Adetunji (BN 657466)

The CAC advises members of the public to always verify the status of any company or business name directly on the CAC portal before engaging in transactions. This can be done by visiting the CAC website and using their online verification tool

Verifying a company’s registration status is crucial in avoiding fraudulent activities and protecting one’s business interests. The CAC has emphasized its commitment to maintaining the integrity of the Companies Register and upholding the law to ensure a safe and transparent business environment in Nigeria . If you encounter a suspicious company or suspect that a company is operating illegally, you should report it to the CAC immediately. You can also verify the company’s registration status using the CAC’s online portal