AI-Integrated Business Registration Platform Debuts in Nigeria, Set to Transform Company Registration Processes
The Corporate Affairs Commission (CAC) of Nigeria has unveiled a groundbreaking AI-powered business registration portal aimed at revolutionising the process of company registration across the country. The pilot portal was unveiled at the 2025 CAC Stakeholders’ Forum held in Port Harcourt, and it is designed to significantly speed up and simplify business registration procedures.
### Key Features of the AI-powered Portal
The AI-powered portal boasts several innovative features that aim to enhance the user experience and streamline the registration process.
#### Instant Name Reservation Approvals
The system uses intelligent algorithms to allow instant name reservations and suggests alternative names immediately if the preferred one is unavailable, making the experience as simple as opening an email account.
#### Use of National Identification Number (NIN)
Business registration can now be initiated using just the NIN of a director or proprietor. This integration with the NIN system enables real-time verification and streamlines the process.
#### Fast Registration and Certificate Delivery
Once the NIN is verified, the platform automatically generates a certificate of incorporation and delivers it to the applicant’s email within 30 minutes.
#### AI-powered Contingency Measures
To handle delays that may occur due to external NIN verification issues from the National Identity Management Commission (NIMC), the system includes an AI-based photo ID matching feature as a fallback solution.
#### Enhanced Security
The Commission plans to soon implement a two-factor authentication system using One-Time Passwords (OTPs) to prevent unauthorized changes to company records. Only registered directors will be authorized to approve modifications under this new security framework.
### Benefits
The benefits of the new system are numerous:
- **Reduced Registration Timelines:** The new system dramatically cuts down the time required for business registration to under 30 minutes. - **Ease of Doing Business:** The portal simplifies the registration process, eliminating traditional bottlenecks and making it more accessible. - **Reliability and Innovation:** The AI system ensures real-time processing and improves accuracy and customer experience. - **Increased Security:** With enhanced authentication processes, businesses have better protection against fraud.
### Expected Rollout
The AI-powered portal is currently in its pilot phase as of July 2025, with the CAC actively testing and resolving issues during this stage. The rollout is expected to continue expanding as the Commission fine-tunes the system and introduces additional security features.
In summary, Nigeria’s new AI-powered business registration portal marks a major transformation that promises to make business registration faster, simpler, and more secure, dramatically benefiting entrepreneurs and the overall business environment in the country. Additionally, service fees for selected CAC services will be reviewed effective August 1, 2025.
The AI-powered portal, in addition to its revolutionary impact on company registration in Nigeria, also incorporates mobile technology. Users can initiate business registration using just their National Identification Number (NIN) and receive their certificate of incorporation via email within 30 minutes, showcasing the potential for artificial intelligence to improve efficiency across various sectors.
Furthermore, enhanced security features, such as the upcoming two-factor authentication system using One-Time Passwords (OTPs), aim to prevent unauthorized changes to company records and provide increased protection for businesses, demonstrating the integration of artificial intelligence in reinforcements against fraud in mobile technology.
