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CAC announce New adjustments to business registration in Nigeria

Updated

CAC adjustments to business registration

The Corporate Affairs Commission has stated that it would be replacing the existing means of identification for persons applying for business and company registration with the National Identification Number (NIN).

Registrar-General of the CAC, Garba Abubakar made the announcement during the 2022 Management Retreat held in Kano.

According to the Daily Trust, Abubakar said the National Management Data would replace the use of passports, driver’s licences and others for identification for the purpose of registration with the CAC.

He said: “For every Nigerian and a foreigner residing in Nigeria, all we will require from you moving forward is your NIN, and we will validate your information from the NIN.

“If there are discrepancies, we will not register; you have to rectify it.”

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