Starting an agribusiness in Nigeria is an exciting journey, especially with the growing demand for
local food production and agricultural exports. But before you can start selling your products or applying for funding, you need to get your business legally registered.
Here’s a simple, step-by-step guide to help you register your agribusiness in Nigeria even if
you’re just starting out.
Table of Contents:
1. Why Register Your Agribusiness?
2. Step 1: Decide on a Business Name
3. Step 2: Check for Name Availability
4. Step 3: Reserve the Business Name
5. Step 4: Choose a Business Structure
6. Step 5: Register Your Business
7. Step 6: Get Your Certificate and TIN
8. Step 7: Open a Corporate Bank Account
9. Bonus Step: Register with Relevant Agricultural Bodies
10. Conclusion: Let’s Grow Together.
Why Register Your Agribusiness?
Before we dive in, here are a few reasons why registering your agribusiness is a smart move:
It gives your business legal recognition.
You can open a business bank account.
You’re eligible for government grants and agricultural loans
It builds trust with customers, buyers, and investors.
It opens the door for growth and expansion.
Step 1: Decide on a Business Name Start by choosing a name that represents your agribusiness. Whether you’re into poultry, crop
farming, fishery, or processing, pick something simple, unique, and relevant.
Tip: Have 2–3 backup name ideas, just in case your first choice is unavailable.
Step 2: Check for Name Availability
Visit the Corporate Affairs Commission (CAC) portal at
https://pre.cac.gov.ng](https://pre.cac.gov.ng to check if your business name is available.
Create an account Search for your preferred business name
If it’s free, you’re good to go.
Step 3: Reserve the Business Name If your chosen name is available, the next step is to reserve it on the CAC portal.
Apply for name reservation
Pay a small fee (around ₦500)
Wait for CAC to approve your reservation (usually within 1–3 working days).
Step 4: Choose a Business Structure In Nigeria, you can register your agribusiness under one of the following structures:
Business Name (for sole proprietors or partnerships)
Limited Liability Company (for larger, scalable businesses)
Cooperative Society (common in community farming or group agriculture).
Tip: If you’re just starting out, a simple Business Name registration is often the most practical
and affordable option.
Step 5: Register Your Business
After your name is reserved:
Complete your business details on the CAC portal Upload your valid ID, passport photo, and other required documents Pay the registration fee (₦10,000–₦20,000 depending on structure) Submit and wait for approval.
Step 6: Get Your Certificate and TIN Once approved, CAC will issue:
Certificate of Business Registration
CAC Registration Number
Next, visit the Federal Inland Revenue Service (FIRS) or use their online platform to apply for a
Tax Identification Number (TIN). You’ll need this for tax purposes and to open a business bank
account.
Step 7: Open a Corporate Bank Account Take your CAC documents and TIN to your preferred commercial bank to open a business account.
This makes your agribusiness look more professional and makes it easier to manage funds,
apply for loans, and receive payments.
Bonus Step: Register with Relevant Agricultural Bodies Depending on your focus, you might consider registering with other institutions for added
benefits:
Federal Ministry of Agriculture and Rural Development (FMARD)
Nigeria Export Promotion Council (NEPC) – if you want to export products.
NIRSAL – for agricultural loans, insurance, and technical support
Conclusion: Let’s Grow Together
Registering your agribusiness is one of the best decisions you can make if you’re serious about
growth, funding, and long-term success.
Whether you’re just starting with a few hectares of farmland or you’re scaling up into processing
or exports, having your business legally structured sets a strong foundation.
We’re With You Every Step of the Way.
@AgropreneurNG While we don’t register businesses, our goal is to educate, guide, and empower agribusiness owners like you with the knowledge and tools you need to succeed.
From business tips to productivity hacks and market insights — we’re your reliable partner on this journey.
Stay connected, and let’s grow together.
