The Registrar-General/Chief Executive, Corporate Affairs Commission (CAC), Hussaini Magaji, yesterday said all business registration with the commission would soon be fully driven by Artificial Intelligence (AI) to further simplify processes and enhance ease of doing business in the country.
He said advancements in AI could handle routine operational tasks such as business registration, freeing resources for more complex compliance and enforcement activities.
Magaji spoke at the opening of an in-house compliance and enforcement training workshop for CAC staff with the theme, “Re-engineering the Commission for Effective Discharge of Compliance and Enforcement Mandates to Ensure Efficient Management of Corporate Vehicles” in Abuja.
He said business registration was currently online end-to-end, adding that there’s no longer manual services –a situation that enables registration in real-time from anywhere in the world.
He said the commission had already delivered on the 24-hour registration timeframe it earlier promised, though some may linger up to three days depending on the volume of inflows and applications to its portal.
