In continuation of our series on the minimum share capital requirements for different types of companies, Part 2 contains the requirement for companies ranging from banks to companies dealing with aviation and lottery.
| S/No. | Types Of Company | Minimum Share Capital | Justification | Certificate Required |
| 25. | Private Security Guards/Consultants | N10M | Guideline on requirement for registration of private guard security companies made pursuant to Nigerian Securities And Civil Defense Corps Act No 2 Of 2003 | At least one director should be a retired security officer |
| 26 | Pension Fund Administrator | N150M | Pension Reform Act 2004 requirement for licensing of pension fund custodians, February, 2005 | |
| 27 | Pension Fund/Asset Custodians | N2B | Same as above | |
| 28293031 | Travel Agency | NIL | Nigerian Civil Aviation Authority Regulation | |
| Air Transport (International) | N2B | |||
| Air Transport (local ) | N500M | |||
| Air Transport (regional) | N1B | |||
| 32333435363738 | Banks | N25B | Central Bank of Nigeria regulation“““““ | Approval in principle from CBN |
| Micro-Finance Bank | N20M | |||
| Bureau De Change | N35M | |||
| Bureau De Change | N35M | |||
| Finance Company | N20M | |||
| Primary Mortgage Institute | N100M | |||
| Credit Bureau | N500M | |||
| Asset Management | N20M | |||
| 39 | Equipment Leasing | NIL | NIL | NIL |
| 40 | Lottery | N5M | National Lottery Act 2005. National Lottery Amendment Regulation 2007 S. 2 (1)6 | |
| 41 | Pharmaceutical Business | NIL | Pharmacist Council Of Nigeria Decree No. 91 Of 1992 s. 1 (a) and s. 10 (1) | Certificate issued by the Pharmacist Council Of Nigeria |
| 42 | Engineering Firms & Consultants | NIL | Engineering Registration etc Act Cap E11 2004. s. 1 | Certificate issued by the Council for the Regulation of Engineering in Nigeria |
| 43 | Hospital/Clinics | NIL | Medical & Dental Practitioners Act Cap 221 L.F.N 1990 | Certificate issued by Medical & Dental Council of Nigeria |
| 44 | Consulting Firms | NIL | Corporate Affairs Commission Regulation | At least one director should have professional certificate in relevant field |
| 45 | Architecture | NIL | Certificate issued by Nigeria Institute of Architecture | |
| 46 | Training And Advisory Services | Corporate Affairs Commission Regulation | At least one director should have professional certificate in relevant field |
In part 3 of this series, we will conclude our list with other companies and their minimum share capital requirements.
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