The Corporate Affairs Commission (CAC) says its new AI-driven business registration portal is processing more than 11,000 transactions every day since launching on June 30, 2025.
The AI system now issues registration certificates within 30 minutes after verifying a director’s National Identification Number (NIN),which was reported by Daily Tech Nigeria on the 1st of July 2025. The portal also lets users try out several business names without paying upfront, making it easier for entrepreneurs to get started. On one recent day, the portal handled 8,000 name reservation requests that would have taken two weeks manually.
However, CAC is facing some issues caused by delays on external platforms. The National Identity Management Commission (NIMC) portal has been offline for weeks, blocking automatic NIN verification. The REMITA payment gateway sometimes goes down, affecting fee payments, and stamp duty processes stall if the ProTax system is offline. To fix payment problems, CAC has asked for approval to use an alternative payment channel.
The Commission has improved security with one-time passwords for transactions and set up a help desk that receives about 3,000 complaint emails daily to improve the portal. Software fixes are ongoing, with full service expected soon. A small fee increase will start on August 1 to support these upgrades.
CAC insists it is working hard to fix all glitches quickly so the AI system can deliver fast, secure, and affordable business registration for Nigerians.
