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).
The Registrar-General of the commission, Hussaini Magaji, disclosed the initiative on Monday via the CAC’s official X handle.
According to Magaji, the programme is aimed at reducing the cost of business formalisation for micro and small enterprises, while encouraging more entrepreneurs to operate within the formal economy.
He said the initiative underscores the commission’s commitment to promoting entrepreneurship, lowering start-up barriers, 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 said in a statement.
Magaji explained that formalising businesses would enable beneficiaries to access government services, financing opportunities, and broader participation in the economy.
Reflecting on the commission’s 35-year journey, the registrar-general described the CAC as a product of vision, innovation, and sustained commitment to national development, noting that it has evolved into a technology-driven agency focused on efficiency, transparency, and compliance with global best practices.
He also revealed that the CAC would sign a collaboration agreement with Google to strengthen its digital infrastructure and improve service delivery. The partnership, he said, is expected to enhance portal performance and further boost Nigeria’s ease-of-doing-business environment.
In addition, Magaji announced the launch of a redesigned CAC website equipped with new digital tools, including an AI Lawyer and a business name generator.
According to him, the AI Lawyer will provide instant guidance on CAC laws and procedures, while the business name generator will help entrepreneurs reserve scalable and compliant business names more easily.
