Subscribe

Stay informed

Get the day's top headlines delivered to your inbox every morning.

By subscribing, you agree to our Privacy Policy

The Daily Chronicle

Truth in Every Story

twitterfacebookinstagramyoutube

News

  • Politics
  • Business
  • Technology
  • World

Features

  • Opinion
  • Culture
  • Sports
  • Video

Company

  • About Us
  • Contact
  • Careers
  • Advertise

Legal

  • Privacy Policy
  • Terms of Service
  • Cookie Policy
  • Accessibility

© 2026 The Daily Chronicle. All rights reserved.

SitemapRSS Feed
Business

CAC now gets 10,000 business registration requests daily, says Registrar

Registrar-General, Corporate Affairs Commission (CAC) Ishaq Magaji, yesterday gave an insight into the quantum of business conception and development in the country with the Commission receiving some 10,000 business registration

Share this article
Author 18291
February 10, 2026·3 min read

Registrar-General, Corporate Affairs Commission (CAC) Ishaq Magaji, yesterday gave an insight into the quantum of business conception and development in the country with the Commission receiving some 10,000 business registration requests every day.

Magaji spoke at the 35th anniversary celebration of the commission, with the theme, Upholding Public Trust Through Excellence Service Delivery” in Abuja, stating that transformational change is never easy.

He explained that 2025 was particularly challenging for the commission considering the transition to an Artificial Intelligence (AI)-driven portal, with the constant disruption and temporary setbacks in productivity and service delivery.

Advertisement

300x250

He said: “The deployment of AI at CAC is not optional; it is necessary as business registration volumes have grown exponentially, driven by factors such as, tax reforms, the monetization of social media and digital businesses, government policies promoting the formalization of informal enterprises.

“To put this into perspective, CAC now receives close to 10,000 business registration requests daily, compared to only hundreds in the past. In addition, our complaint management system—through emails and call centres now handles an average of 5,000 inquiries every single day.

“Imagine the number of staff required to manage this volume manually, only AI can effectively complement human capacity with the required speed, accuracy, and precision. It is for this reason that today, at this historic event, we will witness the signing of a Letter of Collaboration between CAC and Google, aimed at strengthening our technology framework and improving service delivery through partnership with one of the world’s leading technology companies”.

The RG added that Google brings global expertise and technological support that will further strengthen the systems, enhance portal performance, and deepen the ease of doing business in Nigeria.

Read Also: U.S. reaffirms support for Nigeria-led security efforts

Advertisement

300x250

Another major milestone we are unveiling today is the relaunch of our website: www.cac.gov.ng

Beyond a complete redesign, the new website introduces two groundbreaking features, AI Lawyer, this feature enables users to ask questions on CAC laws, rules, guidelines, procedures, and operations—and receive instant, accurate responses, then the AI Name Generator, users can now generate and reserve scalable business names directly from our website with ease, speed, and convenience.

Magaji said, As the past is celebrated, the commission is  even more inspired by the future, one driven by technology, efficiency, transparency, and global standards.

In the spirit of this celebration, the Management of CAC has approved the following initiatives, Free Business Name Registration for 3,500 small businesses, to be distributed across the 36 States of the Federation and the Federal Capital Territory, Scholarships for six (6) best corporate Law students each from the six campuses of the Nigerian Law School—for the year 2026, in support of corporate law studies.

He added that there will be the donation of 120 mattresses to an IDP Camp, Support for orphanages as part of the social responsibility and Equally, in recognition of our resilient staff who have driven these reforms, and in line with our Conditions of Service.

Share this article
Author 18291

Advertisement

300x250

Related Articles

Tinubu congratulates Nigerian-American star, Anosike, on China League triumph

Tinubu congratulates Nigerian-American star, Anosike, on China League triumph

President Bola Ahmed Tinubu has congratulated Nigerian-American basketball star Ejimofor Anosike following his historic performance in the 2026 National Basketball League (China) Championship. Anosike, who plays for the Hong Kong

5 minutes ago
Army dismantles IPOB/ESN stronghold, recovers suspected remains of slain personnel in Imo

Army dismantles IPOB/ESN stronghold, recovers suspected remains of slain personnel in Imo

The Nigerian Army has dismantled a notorious camp of the proscribed Indigenous People of Biafra (IPOB) and its armed affiliate, the Eastern Security Network (ESN), in Imo, recovering suspected remains

19 minutes ago
Ondo: Police intercept alleged child trafficking syndicate, rescue 13-year-old girl

Ondo: Police intercept alleged child trafficking syndicate, rescue 13-year-old girl

The Police Command in Ondo State says it has intercepted a child trafficking syndicate and rescued a 13 year-old girl along Owena axis Area of the state. DSP Abayomi Jimoh,

36 minutes ago
Mixed compliance greets return of monthly sanitation in Lagos

Mixed compliance greets return of monthly sanitation in Lagos

Mixed reactions greeted the reintroduction of the monthly environmental sanitation exercise in Lagos State on Saturday, as many residents complied with movement restrictions but recorded limited participation in cleanup activities.

43 minutes ago

Advertisement

300x250