Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Otti Approves NOUN Study Centre in Aba, Pushes Digital Learning Adoption

    May 6, 2026

    Jim Ovia Replaced by Mustafa Bello, Retired as Zenith Bank Chairman

    May 5, 2026

    Ekiti Guber Poll: INEC Assures Residents of Credible Exercise, Finalises Preparations 

    May 5, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Ekiti Guber Poll: INEC Assures Residents of Credible Exercise, Finalises Preparations 

      May 5, 2026

      Ex-Minister Uche Nnaji Defects to PDP Amid Forgery Probe, Eyes Enugu Governorship

      May 4, 2026

      PDP Crisis: BoT Summons Emergency NEC Meeting to Avert Leadership Vacuum

      May 4, 2026

      Nigeria Blazes New Trail with Record-Breaking Start at World Athletics Relays in Botswana

      May 3, 2026

      Zamfara APC Congress: Gov. Lawal Declares Strong Political Base As Key to Governmental Strength

      May 3, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment May 4, 2026

      Mo Bimpe Requests Celebrating Market Women’s Presence at Children’s Naming

      Recent

      Mo Bimpe Requests Celebrating Market Women’s Presence at Children’s Naming

      May 4, 2026

      Carter Efe Beats Portable in Celebrity Boxing, E-Money Gifts N50m

      May 2, 2026

      DJ Tunez, Wizkid Announce New Collaboration Set for Release This May

      May 2, 2026
    • Business

      GTCO Plc Reports Profit Before Tax Of ₦302.9Billion, As It Releases 2026 Q1 Unaudited Results

      April 30, 2026

      Uber has introduced a new hotel booking feature within its app as part of its strategy to evolve into a comprehensive “everything app.” The service, developed in partnership with Expedia, allows users to search and reserve hotel rooms from a selection of more than 700,000 properties. The feature integrates travel tools such as maps, filters, and pricing options, while enabling payments through saved card details already stored in the Uber platform. According to Uber CEO Dara Khosrowshahi, the company is expanding beyond ride-hailing and food delivery to become a unified platform for a wide range of everyday services. Expedia CEO Ariane Gorin said the collaboration is aimed at simplifying travel planning and reducing the steps required to complete bookings. Uber also plans to extend the partnership to include short-term rental listings through Vrbo in the future. The move reflects a broader global trend toward multifunctional apps that combine services like transport, shopping, and payments in a single ecosystem, similar to platforms such as WeChat and Alipay in China. Other tech companies are also pursuing similar “super app” models, including Airbnb, which has added experiences and personal services, and X, which is exploring financial services integration. Uber further revealed plans to incorporate AI-powered tools, including meal planning, shopping list creation, delivery coordination, and a voice assistant for navigating the app.

      April 29, 2026

      BUA Cement Sustains Revenue Growth by 22.1% to N355bn in Q1 2026

      April 27, 2026

      Southwest Investment Summit and Awards 2026 Set to Drive Regional Growth, Honour Change-Makers

      April 26, 2026

      Transcorp Group reports ₦125.1bn revenue and ₦50.7bn profit before tax in Q1 2026 results

      April 25, 2026
    • Health

      Nigeria’s Malaria Prevalence Falls to 15%, From 20% ~ FG

      April 29, 2026

      Cross River Dismisses Report of New COVID-19 Cases

      April 23, 2026

      Cross River Activates Emergency Response As It Confirms First COVID-19 Case Since 2022

      April 23, 2026

      FG Bans Importation of Paracetamol, Metronidazole to Boost Local Drug Production

      April 19, 2026

      Heatwave Raises Malaria Risk as Health Officials Issue Nationwide Alert

      April 17, 2026
    • Culture

      Excitement Builds in Ijebu-Ode as Ojude Oba Festival Preparations Gather Momentum

      May 2, 2026

      Olu of Warri, Asantehene Seal Historic Royal Bond, Ogiamẹ Atuwatse III Receives Peace Artifact

      April 27, 2026

      Adron Homes Strengthens Cultural Influence During Ibadan Cultural Festival

      April 20, 2026

      Ogun State to Showcase “The Rock That Remembers” at Milan Design Week

      April 19, 2026

      Tourism: Olumo Rock Revenue Hits N40m Monthly After Refurbishment ~ Ogun Gov

      April 18, 2026
    • Lifestyle

      World Bank Highlights Early Childhood Development as Key to Nigeria’s Economic Future

      April 19, 2026

      Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

      April 6, 2026

      Lagos Hosts “Homecoming Live Music Show” as Alternative Scene Takes Center Stage

      April 4, 2026

      QR Menus and Aesthetic-Driven Dining Redefine Restaurant Experience for Gen Z

      March 27, 2026

      How My Gold Jewelry Ended In Lagoon ~ Adeboye

      March 19, 2026
    • Sports

      Tinubu Hails Team Nigeria’s Historic 15th African Wrestling Title

      May 4, 2026

      Nigeria Blazes New Trail with Record-Breaking Start at World Athletics Relays in Botswana

      May 3, 2026

      CAF Announces Commencement Of Historic AFCON 2027 

      May 3, 2026

      Nigeria Opens Campaign with Gritty Win at ITTF World Team Championships

      April 30, 2026

      FIFA to Reduce Player Bans, Introducing New Yellow Card System

      April 28, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » CAC speaks on new AI portal amidst complaints
    News

    CAC speaks on new AI portal amidst complaints

    Ifetayo AdeniyiBy Ifetayo AdeniyiJuly 21, 20254 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    CAC speaks on new AI portal amidst complaints

    Corporate Affairs Commission

    CAC speaks on new AI portal amidst complaints

    The Corporate Affairs Commission has said its newly deployed Artificial Intelligence-driven registration platform, the Intelligent Companies Registration Portal, now handles over 11,000 company registration and compliance cases daily.

    According to the commission, the portal recently processed 8,000 name reservation requests in a single day.

    It noted that this same task used to take at least two weeks to complete under the old manual process.

    The commission clarified in response to complaints of poor service delivery and technical hitches on its newly launched Artificial Intelligence-powered registration portal.

    A statement signed by the management of the Corporate Affairs Commission and sent to our correspondent on Sunday pleaded for patience in direct response to teething challenges and complaints from users, particularly legal practitioners and business owners, over alleged glitches and delays on the agency’s newly deployed online registration portal.

    However, the commission dismissed claims insinuating poor service delivery and falsely portraying it as a threat to the ease of doing business in Nigeria.

    The statement said, “In accordance with provisions of the Data Protection Act,2023, the Commission in its newly deployed Intelligent Companies Registration Portal, introduced additional security checks to, amongst others, prevent users from surrendering their access to third parties or operating multiple suspicious accounts.

    “The ICRP requires that for each transaction with the CAC, a One Time Passcode, OTP must be generated, and it goes straight to the email or phone number of the original account holder.

    “The newly deployed ICRP is no doubt a cost-effective system for our valued customers, as they no longer lose money on checking availability.

    “The innovation has ensured that customers only proceed to payment after securing the name.

    “The ICRP has so far been speedily responding to applications as it now treats over 11,000 cases per day.

    “Interestingly, as of Friday, 16th July, 2025, 8,000 Name Reservation requests were received and processed.

    “This is no doubt a feat that hitherto requires a minimum of 2 weeks to complete.”

    Defending the portal’s performance, the CAC said the system had “greatly improved service delivery” and noted that over 3,000 emails are now handled daily, a volume that necessitated its automation drive.

    Although the Commission admitted the transition phase came with “some expected teething challenges,” it assured customers that feedback from stakeholders was being integrated.

    “We are not unmindful of complaints, but we are fully committed to delivering better quality services.

    “The portal will soon perform optimally as a true champion of service excellence,” it said.

    On the issue of registration delays due to data verification, the CAC clarified that glitches from the National Identity Management Commission had prompted it to adopt alternative technology to verify users’ details, while also ensuring real-time payments through expanded gateway options.

    “The Commission already forwarded a request for additional payment gateways, and it is receiving due attention,” it noted, adding that the ICRP integrates with trusted partners such as Remita for stamp duty and service payments.

    To enhance data privacy and curb abuse, the CAC said its new portal complies with the Data Protection Act 2023, introducing stricter access controls including mandatory OTP authentication per transaction.

    “This ensures users do not surrender access to third parties or operate suspicious accounts,” CAC said.

    Reaffirming its stance on reform, the CAC described the AI portal as a “customer-centric innovation” built to align with global best practices and improve Nigeria’s ease of doing business rankings.

    “Our goal remains simple: to emplace processes and frameworks that will stand the test of time in corporate service delivery,” the Commission stated.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleAir Peace to commence direct flights from Abuja to London Heathrow
    Next Article Lagos Sets Date For Africa’s First E1 Electric Powerboat Championship
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    Politics May 5, 2026

    Ekiti Guber Poll: INEC Assures Residents of Credible Exercise, Finalises Preparations 

    News May 5, 2026

    LASAA Inaugurates Digital Directory, App

    News May 5, 2026

    LAMATA Unveils Transportation Master Plan for Lagos, Ambitious 2050 Strategy

    News May 5, 2026

    Oluremi Tinubu Honoured with Title of ‘Soniyako Nupe’ in Bida

    News May 5, 2026

    Telecom Subscribers Credited For Lingering Network 

    News May 5, 2026

    EFCC Arraigns Ex-Skye Bank Chairman Tunde Ayeni Over Alleged ₦15.6 Billion Fraud

    Leave A Reply Cancel Reply

    Don't Miss
    Education May 6, 2026

    Otti Approves NOUN Study Centre in Aba, Pushes Digital Learning Adoption

    Manny Ita  – Abia State Governor Alex Otti has approved the establishment of a study…

    Jim Ovia Replaced by Mustafa Bello, Retired as Zenith Bank Chairman

    May 5, 2026

    Ekiti Guber Poll: INEC Assures Residents of Credible Exercise, Finalises Preparations 

    May 5, 2026

    LASAA Inaugurates Digital Directory, App

    May 5, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Prophet Joshua Iginla Buries Mother In Grandstyle As Ooni Of Ife, Wife, Top Dignitaries Storm Ekiti

    October 31, 2021

    Mars E&P secures $274 million facility from AFREXIM Bank

    November 25, 2021

    From Reform to Resilience: Dauda Lawal’s Expanding Footprint of Leadership in Zamfara

    May 3, 2026
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.