By Abuja, Nigeria
Ahead of the 35th anniversary of the Corporate Affairs Commission (CAC), the Federal Government says commission has become a cornerstone of Nigeria’s economic credibility, as landmark reforms and digital innovation reshape the country’s business environment.
Speaking ahead of the anniversary ceremony, the Minister of Information and National Orientation, Mohammed Idris, praised the Commission’s transformation into a tech-driven regulator that boosts ease of doing business, strengthens corporate governance and supports President Bola Tinubu’s Renewed Hope Agenda.
The Minister attributed the reforms to growing investor confidence and Nigeria’s exit from the (FATF) grey list, calling it a signal of rising global trust in the country’s transparency framework.
Responding, CAC Registrar-General, Hussaini Ishaq Magaji, SAN, said the Commission has moved from manual processes to fully digital services, expanding from 33 to over 100 online offerings, deploying AI for business registration and rolling out APIs for banks and security agencies.
He reiterated that the Beneficial Ownership Register has improved transparency, while reforms have helped formalise over four million informal businesses.
