Becoming a business owner can come with a lot of stress; starting from choosing a business name, to choosing a location, type of business, and finally getting it up and running. Registering your business in Nigeria should be the next step after putting all these in place; but then most entrepreneurs tend to overlook this step, either as a result of ignorance or in a bid to escape the rigours that come with the registration process, or simply to avoid paying tax! However, it is pertinent to understand that there are lots of things to benefit from registering your business with the Corporate Affairs Commission (an autonomous body charged with the responsibility of regulating the formation and management of companies in Nigeria) which by far outnumbers the perceived disadvantages. The benefits of registering your business include, but not limited to the following:

Why Should You Register your Business in Nigeria?
Below are the following reasons why you should:

Exclusive Right To Your Business Name
Easy Opening Of Corporate Account
Easy Access to Loans
Getting Serious With Business
Better and Easier Hiring
Business Continuity

Here is the full article: https://arialaba.com/benefits-of-registering-your-business-in-nigeria-2020/