The Corporate Affairs Commission (CAC) has unveiled a new Artificial Intelligence (AI)-driven registration portal, which aims to transform Nigeria’s business environment by simplifying company registration processes and accelerating approvals.
This was stated by Hussaini Magaji, registrar-general/CEO of CAC, during the Commission’s 2025 Stakeholders Forum held in Port Harcourt, where the take-off of a pilot new Artificial Intelligence (AI)- powered registration portal was announced.
The newly introduced AI-powered portal represents a complete overhaul of the commission’s existing Company Registration Portal (CRP), Magaji noted.
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He said name reservation under the new system is now as simple as opening an email account, noting that the use of AI enables seamless suggestions and approvals in real-time.
Business owners can now begin registration using only the National Identification Number (NIN) of a director or proprietor, according to him. “Upon successful verification of the NIN, the system is expected to generate and deliver the certificate of registration to the applicant’s email in less than 30 minutes.
“CAC’s target time for business registration was now under 30 minutes to generate a certificate and deliver to the customer’s email, subject to real-time NIN verification,” Magaji said.
A major game changer for doing business in Nigeria is part of CAC’s transformative initiatives, signalling a complete overhaul of the Company Registration Portal (CRP), the statement by CAC notes.
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The portal has been programmed to provide instant name approvals, with a system intelligently designed to suggest alternative names when preferred options are unavailable.
Magaji noted that a contingency solution had been developed using AI-powered photo ID matching technology to overcome such obstacles.
“The introduction of AI in the registration process is a game-changer for doing business in Nigeria, enabling CAC to meet its goal of delivering faster, smarter, and more reliable services.”
