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.

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

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.