CAC unveils AI-powered business registration portal

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The Corporate Affairs Commission (CAC) has inaugurated the pilot take-off of its new Artificial Intelligence (AI)-powered registration portal.

The Registrar-General of the CAC, Malam Hussaini Magaji, made the announcement at the 2025 Stakeholders Forum held in Port Harcourt, a statement by the Commission has said.

Magaji described the initiative as a major milestone in Nigeria’s business facilitation drive.

He said the upgraded portal marks a complete overhaul of the Company Registration Portal (CRP), with advanced features designed to simplify and speed up business registration.

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According to him, the new system allows for instant name reservation approvals, likening the ease to creating an email account.

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The registrar-general said that the AI-powered platform could suggest available alternatives to business names and approve them immediately.

“Another innovation, is the ability to register a business using only the National Identification Number (NIN) of a director or proprietor. With an ambitious target of completing business registration and certificate generation within 30 minutes, subject to real-time NIN validation,” he said.

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