For a company to enjoy legal backing, it must be registered by the CAC, however, it’s very important to carry out more background checks on the company before transacting with such a company to avoid being scammed. The fact that a company is registered in Nigeria isn’t a guaranty that it can’t defraud its customers or clients. The fact that a business isn’t registered doesn’t completely make it bogus, however, it’s the first that shows the seriousness of a company. A serious business would get the government’s certificate of operation in order to win the goodwill of a prospective customer. Registering your company makes it legitimate, makes foreign and prospective customers trust you.