JAMB - Commerce (2008 - No. 10)
A proposed company may not be registered if?
the name conficits with that of another
it does not put 'limited' after its proposed name
it has no paid-up capital
it has no asset of its own
Uitleg
One of the criteria for getting your business name registered by the corporate affairs commission is that it must be a unique and distinct name, different from an already existing business name. This means that whatever name you choose, must not conflict with that of another.