Introduction

Nigeria; a country of more than 220 million people, a GDP exceeding $470 billion, and the economic anchor of West Africa, continues to rise as one of Africa’s most strategic destinations for foreign expansion. Its accelerating digital transformation, deepening industrial base, infrastructure upgrades, and access to the 400+ million–consumer ECOWAS market make Nigeria a top entry point for international investors.

Oman and Nigeria maintain steadily expanding economic ties, driven by cooperation in:

• oilfield services

• LNG supply and technology

• petrochemical value chains

• food-security investment

• engineering, construction & EPC contracting

• shipping, logistics, and port services

• telecom, fintech and digital infrastructure

Data from Oman’s Ministry of Commerce, Industry & Investment Promotion (MoCIIP), and Afreximbank show a consistent upward trend in cross border engagement as Omani firms search for diversified opportunities across Africa.

Omani companies; from Muscat based EPC contractors, Sohar logistics operators, Salalah agribusiness groups, Duqm energy service providers, to fintech startups and sovereign investment vehicles, now see Nigeria as a commercially scalable platform for West African expansion.

This guide provides a complete, step-by-step explanation of how an Omani individual, entrepreneur, family office, or corporation can legally incorporate a Nigerian company 100% online from Oman, without traveling to Nigeria.
It includes all requirements, documentation, fees, timelines, banking rules, and crucial immigration procedures (Expatriate Quota, STR Visa, CERPAC) required for full operational capability.

1. Nigeria’s Fully Digital & AI-Assisted Incorporation System

Nigeria’s Corporate Affairs Commission (CAC) now operates a highly modernised, AI-enabled Company Registration Portal (CRP) that allows foreigners to complete incorporation remotely.

Why this system benefits Omani investors

The workflow mirrors Oman’s InvestEasy & MOCIIP online systems, making the transition intuitive for Omani investors already familiar with digital government services.

2. Why Nigeria Is Attractive to Omani Investors

Nigeria and Oman share strong economic alignment in energy, technology, agriculture, maritime logistics, and infrastructure, areas where Omani companies have significant expertise.

a. Oil, Gas & Petrochemical Services

Oman’s global footprint in:

• LNG operations

• refinery management

• petrochemical production

• offshore & marine support

• engineering and EPC contracting

translates naturally into Nigeria’s high demand oil and gas ecosystem.

b. Food Security, Agriculture & Cold-Chain Logistics

Oman’s long term food security initiatives align with Nigeria’s agricultural scale, offering investment opportunities in:

• livestock & grain supply chains

• cold chain networks

• commercial farming partnerships

• agro-processing infrastructure

c. ICT, Digital Payments & Cybersecurity

Nigeria hosts Africa’s largest tech and fintech environment.
Oman’s growing digital finance ecosystem (e.g., mobile banking, e-payments, cybersecurity firms) can integrate directly into Nigeria’s booming digital economy.

d. Construction, EPC & Industrial Infrastructure

Omani contractors and engineers have decades of experience in:

• mega-infrastructure projects

• industrial-zone development (Duqm model)

• roads, ports, and public buildings

Nigeria offers consistent demand for EPC expertise in power, housing, transport, and industrial projects.

Key Advantages for Omani Investors

3. Requirements to Register a Nigerian Company (From Oman)

The preferred structure for foreigners is a Private Limited Liability Company (LLC), similar to Oman’s LLC under commercial law.

A. Reserve a Company Name

Submit alternative name choices.

Examples:

• Muscat Gulf Energy Nigeria Ltd

• OmanWest Infrastructure Nigeria Ltd

Approval timeline: Minutes after name submission

B. Director & Shareholder Information

Provide:

• Full Name

• Gender

• Nationality (Omani)

• Date of Birth

• Email & Mobile Number

• Residential Address

• Occupation

Minimum: 1 director
Maximum: Unlimited

C. Share Capital Requirement

Foreign-owned companies must register with:

₦100,000,000 share capital

Common ownership models:

D. Define Business Activities

Examples:

• EPC contracting, oil & gas services

• ICT, cloud systems & cybersecurity

• Logistics, warehousing, maritime support

• Agriculture & food-supply chains

• Telecom & fintech systems

• Real estate and industrial development

E. Upload Digital Documents

You must upload:

• Clear Omani passport scan
• Signature on a white sheet

F. Registered Nigerian Office Address

Mandatory for all companies.

Omani investors may start with a professional registered office provider before setting up their physical Nigerian base.

4. Can an Omani Be Sole Director & Shareholder?

Yes, an Omani citizen may own the company 100% and serve as sole director.

But operational activation requires:

• BVN: Bank Verification Number

• NIN: National Identity Number

These are only issued after obtaining legal residency in Nigeria, which requires:

1. Expatriate Quota (EQ)
2. STR Visa (Subject to Regularisation)
3. CERPAC Residency Card

Until these are completed, the Omani director cannot act as bank signatory.

Practical Temporary Workaround

Appoint a temporary Nigerian director to:

• open the corporate bank account

• initiate payments and compliance setup

After the Omani director obtains BVN + NIN through CERPAC:

• The temporary director can be removed
• Full control transfers back to the Omani owner

This is the standard and lawful foreign investor structure in Nigeria.

5. Step-By-Step Incorporation Process

Documents provided:

• Certificate of Incorporation
• CAC Status Report
• Memorandum & Articles of Association

All are digital and carry QR verification.

6. Mandatory Post-Incorporation Compliance

7. Opening a Nigerian Corporate Bank Account

Required documents:

• CAC Incorporation Certificate

• TIN

• SCUML Certificate

• Passport ID

• Proof of Nigerian business address

Banking requirements for signatories:

• BVN

• NIN

• Nigeria-registered phone number

Since these require physical presence + residency:

• A temporary Nigerian director acts as signatory until the Omani investor obtains CERPAC.

8. Cost Breakdown (2025 Official Estimates)

• Total Estimated Cost: $3,650
• Completion Timeline: 30–35 working days

9. Immigration Requirements for Omani Investors

Without CERPAC, you may own the company but cannot serve as its operational director.

10. Oman–Nigeria Trade & Investment Snapshot

Oman → Nigeria: Key Exports & Investment Areas

• LNG and petrochemical technology

• EPC and engineering services

• Logistics and maritime support

• Food-security partnerships

• Digital infrastructure and fintech systems

Nigeria → Oman: Exports

• Agricultural commodities

• Fertilizer and raw materials

• Steel & manufacturing inputs

• Energy and technical services

• Consumer goods

High-Growth Sectors for Omani Investors

• Gas/LNG downstream projects
• Agro-processing & food-storage chains
• Digital finance & telecom infrastructure
• Construction, EPC & industrial parks
• Maritime logistics, warehousing & port services

Conclusion

Incorporating a Nigerian company from Oman is now straightforward, digital, and fast. With CAC’s AI-enabled online system, Omani investors can register remotely without traveling.

Once you complete:

• Expatriate Quota
• STR Visa
• CERPAC Residency

you will be able to obtain BVN/NIN, open corporate bank accounts, and assume full directorship and operational authority.

From Muscat to Lagos, Sohar to Abuja, and Salalah to Port Harcourt, Omani investors now have a legally secure, streamlined pathway to enter West Africa’s most powerful and profitable market.