The Corporate Affairs Commission, CAC, has announced that Nigeria is now the first country in Africa, and the fastest globally, to deploy an advanced Artificial Intelligence-powered business registration portal that enables entrepreneurs to complete registration and receive their certificates in fast time of 10 minutes.

The CAC Ambassador, Micheal Nwabufo, at a media interaction, described business as the heartbeat of the nation, noting that it keeps the economy connected and supports national prosperity.

The CAC Ambassador described the transformation as a structural shift that signals Nigeria’s commitment to efficiency, transparency, and digital progress. He said that for decades, business registration was slowed by bureaucracy and delays, creating barriers for entrepreneurs and innovators.

He said that with intelligent automation, biometric validation, and instant certification, Nigeria is not catching up; Nigeria is competing.

He added that the reforms are reducing operational bottlenecks, strengthening fraud prevention, increasing investor confidence, and accelerating business formalisation across the country.