According to history, the very first Nigeria company law was announced in 1912. It was then established in Southern Nigeria; Lagos precise. The same law got refined 5 years later in 1917 and it was then be able to cover all parts of Nigeria.  It was known then as the Companies Amendment and Extension Act of 1917.  Both of them were replaced by the Companies Act of 1922 in 1922. Later in 1968, the Companies Decree took over from the 1922 Company Act.  At as this time 2016, the recognized Company Law in Nigeria is the Companies and Allied Matters Decree of 1990.