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Fresh FM Nigeria| Keeping you fresh all day > Blog > News > CAC Reveals AI-powered Portal For 30-minute Company Registrations
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CAC Reveals AI-powered Portal For 30-minute Company Registrations

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Last updated: July 1, 2025 4:09 PM
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The Corporate Affairs Commission has introduced a pilot artificial intelligence-powered registration portal to modernise the existing Company Registration portal.

This was revealed at the 2025 Stakeholders’ Forum meeting by Hussaini Ishaq Magaji, the Commission’s Registrar-General and Chief Executive Officer.

Magaji compared the new system to opening an email account, saying it enables rapid approvals for name reservations.

“It is intelligently designed to suggest available alternatives and grant real-time approvals, removing the traditional bottlenecks,” he said.

The ability of the portal to provide business registration with just a director or proprietor’s National Identification number is one of its most notable characteristics.

According to Magaji, a certificate of incorporation will be created and sent to the applicant’s email within 30 minutes of the successful completion of real-time NIN verification.

He stated, “The target time for business registration is under 30 minutes to generate a certificate and deliver to the customer’s email, subject to real-time NIN verification.”

While acknowledging that some delays may still arise due to external validations from the National Identity Management Commission, he revealed that a contingency plan has been built into the platform, using AI-powered photo ID matching to overcome such hitches.

The Commission also intends to implement a two-factor authentication system with OTP-verification for all transactions.

Magaji further announced that a CAC mobile application would be launched in the final quarter of 2025 to allow users to track and manage transactions on the go.

Speaking on new partnerships, he disclosed that the Commission is currently reviewing over 100 requests from local and international super agents, including the Nigerian Inter-Bank Settlement System, aimed at deepening access and streamlining services.

Meanwhile, the Registrar-General also stated that the Commission would initiate a review of its service rates effective August 1, 2025, citing the necessity to maintain service quality and implement ongoing reforms.

The statement added that goodwill messages at the forum were delivered by the Chairman, Nigerian Bar Association, Port Harcourt Branch, Cordelia U. Eke; Chairman, Institute of Chartered Secretaries and Administrators, Sir Sebastian Essien; and Chairman, Nigerian Association of Small and Medium Enterprises, Elder Dogala Sakpege.

Also in attendance were Mechi Brown, Director of Industry at the Rivers State Ministry of Commerce and Industry, and Miema Akpa, who represented the Chairman of the Institute of Chartered Accountants of Nigeria, Port Harcourt branch.

A CAC technical team was present during the event to attend to customer complaints and provide on-the-spot solutions to registration challenges.

 

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