CAC ANNOUNCES FREE BUSINESS NAME REGISTRATION FOR 3,500 SMALL BUSINESSES NATIONWIDE

CAC ANNOUNCES FREE BUSINESS NAME REGISTRATION FOR 3,500 SMALL BUSINESSES NATIONWIDE


The Corporate Affairs Commission (CAC) has announced free business name registration for 3,500 small businesses across Nigeria’s 36 states and the Federal Capital Territory (FCT), in a move aimed at supporting micro and small enterprises.

The Registrar-General of the Commission, Mr Hussaini Magaji, disclosed this on Monday via a post on the CAC’s official X (formerly Twitter) handle.

According to Magaji, the initiative is designed to reduce the financial burden associated with business formalisation and encourage more entrepreneurs to operate within Nigeria’s formal economy.

He said the programme reflects the commission’s commitment to promoting entrepreneurship, lowering start-up costs, and supporting inclusive economic growth nationwide.

“In the spirit of the celebration, the CAC has announced free business name registration for 3,500 small businesses, to be distributed across the 36 states of the federation and the Federal Capital Territory,” the commission stated.

Magaji explained that formalising small businesses would enable operators to access government support services, financing opportunities, and broader economic participation.

Reflecting on the commission’s 35-year journey, the registrar-general described the CAC as an institution built on vision, innovation, and sustained commitment to national development.

He noted that the commission has evolved into a technology-driven agency focused on efficiency, transparency, and compliance with global best practices.

In addition, Magaji revealed that the CAC is set to sign a collaboration letter with Google to further strengthen its digital infrastructure and service delivery.

According to him, the partnership is expected to improve portal performance and enhance the ease of doing business in Nigeria.

He also announced the launch of a redesigned CAC website, which will feature new digital tools such as an AI Lawyer and a business name generator.

Magaji said the AI Lawyer will provide instant guidance on CAC laws and procedures, while the business name generator will assist entrepreneurs in reserving scalable and compliant business names.

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