Company Law under CAMA 2020: Incorporation
ICAN Business Law

10 Company Law under CAMA 2020: Incorporation practice questions covering everything you need for ICAN.

Drill Company Law under CAMA 2020: Incorporation

Sample Company Law under CAMA 2020: Incorporation questions

Q12021· MEDIUM

Chief Olanrewaju, a veteran logistics entrepreneur based in Lagos, intends to establish a haulage and freight forwarding business to be known as 'Zest Logistics Limited'. Having managed a sole proprie…

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Q22023· HARD

Alhaji Garba, Mr. Chidi, and Dr. (Mrs.) Folake agreed to promote a new company, 'Keffi Agro-Allied Public Limited Company' (PLC), to engage in large-scale mechanized farming in Nasarawa State. Durin…

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Q32023· MEDIUM

Apex Arbitrators & Management Consultants, a firm of business advisers, submitted an application to the Corporate Affairs Commission (CAC) to reserve and register a new company under the name 'Federal…

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Q42025· MEDIUM

Messrs. Ade, Babatunde, and Chidi intend to incorporate Apex Logistics Limited, a private limited liability company, under the Companies and Allied Matters Act (CAMA) 2020. In advising the promoters o…

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Q52025· EASY

Which document replaced the mandatory Statutory Declaration of Compliance previously sworn to by a legal practitioner prior to company incorporation under CAMA 2020?

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Q62024· EASY

Under Section 18(2) of the Companies and Allied Matters Act (CAMA) 2020, what is the minimum number of persons required to form a private limited company in Nigeria?

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Q72025· HARD

Promoters of Vanguard Tech Ltd intend to incorporate a private company under CAMA 2020 with a proposed share capital structure of ₦500,000 divided into 500,000 ordinary shares of ₦1.00 each. At incorp…

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Q82021· MEDIUM

Pursuant to Section 27(2)(a) of the Companies and Allied Matters Act (CAMA) 2020, what are the statutory minimum issued share capitals for a private company and a public company, respectively?

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Q92021· MEDIUM

Under Section 20 of the Companies and Allied Matters Act (CAMA) 2020, which of the following individuals/entities is NOT disqualified from joining in the formation of a company?

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Q102024· HARD

Chief Kalu entered into a pre-incorporation lease contract on behalf of 'Apex Logistics Ltd', a company that was yet to be incorporated. After the company was successfully incorporated, it took no ste…

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