CAC LAUNCHES AI-POWERED REGISTRATION PORTAL TO REVOLUTIONIZE BUSINESS REGISTRATION IN NIGERIA
The Corporate Affairs Commission (CAC) has unveiled a new Artificial Intelligence (AI)-powered registration portal, marking a significant milestone in its transformative initiatives. This cutting-edge technology is set to overhaul the Company Registration Portal (CRP) and make doing business in Nigeria more efficient.
At the 2025 Stakeholders Forum in Port Harcourt, the Registrar-General/CEO of CAC, Hussaini Ishaq Magaji, SAN, announced the launch of the new portal. According to Magaji, the portal features instant name reservations, intelligent name suggestions, and the ability to register businesses using only a director’s or proprietor’s National Identification Number (NIN).
The CAC aims to process business registrations within 30 minutes, generating certificates and delivering them to customers’ emails, subject to real-time NIN verification. To address potential delays due to external validation from NIMC, the CAC has developed a contingency solution using AI-powered photo ID matching.
The Commission is also exploring partnerships with super agents, including the Nigerian Inter-Bank Settlement System (NIBSS), and has received over 100 requests from potential partners. Upcoming services include Two-Factor Authentication & OTP Verification for all transactions and a CAC Mobile App, expected to launch by the last quarter of this year.
To maintain quality service delivery, the CAC has reviewed certain service fees, effective August 1, 2025. The launch event featured goodwill messages from prominent stakeholders, including the Chairman of the Nigerian Bar Association Port Harcourt Branch, and technical support from the CAC team to resolve customer complaints.
This development is poised to significantly improve the business registration process in Nigeria, making it more efficient and user-friendly.
