The Corporate Affairs Commission (CAC) has launched a new artificial intelligence-powered business registration portal, marking a major step in Nigeria’s digital transformation agenda.
The initiative was unveiled by CAC Registrar-General, Malam Hussaini Magaji, during the 2025 Stakeholders Forum held in Port Harcourt. According to a statement from the Commission, the innovation reflects the government’s commitment to simplifying business processes and encouraging entrepreneurship across the country.
Malam Magaji emphasized that the portal represents a complete redesign of the existing Company Registration Portal (CRP), with technology-driven enhancements aimed at improving user experience. “This marks a milestone in our business facilitation drive,” he said.
The new system boasts faster processing speeds and automation tools that will make company registration more efficient and accessible for all Nigerians.
Among its standout features, the portal now offers instant approval for business name reservations, eliminating previous delays. The registrar likened the new process to setting up an email account, highlighting the simplicity and speed.
The platform can also suggest alternative business names if a desired name is unavailable, using AI to process and approve them automatically.
Another significant advancement is the ability to register a business using only the National Identification Number (NIN) of a director or proprietor. Magaji revealed that the Commission is working toward an ambitious goal: completing the entire registration process and issuing a certificate within 30 minutes, depending on real-time NIN verification.
This digital overhaul is expected to not only ease bureaucratic bottlenecks but also promote transparency and accountability in Nigeria’s business environment. Stakeholders at the forum welcomed the move, seeing it as a necessary leap toward a more investor-friendly economy.
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