The Corporate Affairs Commission (CAC) and the Economic and Financial Crimes Commission (EFCC) have agreed to collaborate more closely to enforce the registration of Point of Sale (PoS) operators nationwide, amid concerns that unregistered agents are facilitating financial crimes.

The Corporate Affairs Commission (CAC) says it now processes up to 10,000 business registration requests daily, following the deployment of artificial intelligence (AI) across its platforms.

The Corporate Affairs Commission (CAC) says it delisted over 400,000 inactive and non-compliant companies from its official register in 2025.

The platform will allow individual Nigerians and businesses to retrieve their tax identification number (Tax ID) using either the National Identification Number (NIN) for individuals and the Corporate Affairs Commission (CAC) registration number for businesses.

The Corporate Affairs Commission (CAC) has unveiled its Artificial Intelligence-powered Companies Registration Portal (ICRP), setting an ambitious target of completing business registration in less than 10 minutes.

The Corporate Affairs Commission (CAC) has said it will deploy an Artificial Intelligence agent to clear a backlog of about 7,000 company registration applications and reduce delays in service delivery.