Michael Nwabufo (aka Mike Premium), the ambassador for the Corporate Affairs Commission, urged point-of-sale agents and small businesses on Tuesday to meet the July 7 deadline for CAC registration without delay.

Mr Nwabufo, a talent and brand manager, made the appeal in a statement in Lagos on Tuesday. He said that business owners must avoid anything that could complicate their operations at the expiration of the registration window.

Stressing the importance of the five-day deadline, Nwabufo urged businesses to register using the CAC Special Registration Portal (SRP) or the PCCSIGN platform (www.pccsign.org.ng).

He described SRP as an innovative solution designed to streamline and accelerate business registration in Nigeria.

“This initiative is a significant step forward, offering a more accessible, efficient, and user-friendly registration process for all Nigerians. We encourage small businesses, particularly point-of-sales agents, to register via the SRP.

“This formal registration not only provides legal recognition but also enhances credibility and opens up opportunities for growth,” Mr Nwabufo said.

He said the SRP had a user-friendly interface while the registration and approval times were significantly reduced.

“The portal is designed to cater to users of varying technological proficiency, making it accessible to everyone, including those with limited digital skills,” he added.

He added that the CAC partnered the Practitioners of Content Creating, Skit-making, and Influencers Guild (PCCSIGN) platform (www.pccsign.org.ng) to simplify the process further and remove all complications.

Mr Nwabufo said the PCCSIGN platform also offered a registration platform tailored to the community’s needs, providing an additional avenue for a swift and efficient registration process.

“The CAC deadline for the registration of POS agents and other small businesses is crucial all registrations must be completed by July 7.

“The public can register by visiting the Special Registration Portal or the PCCSIGN platform (www.pccsign.org.ng) and follow the provided instructions. There are support teams ready to assist with any questions or challenges you may encounter,” Mr Nwabufo said.

He advised all stakeholders to meet the deadline to avoid potential delays or complications in business operations.

The ambassador commended the CAC registrar-general, Hussaini Magaji, and the CAC team for unveiling the SRP. He said the initiative represented a pivotal step in modernising the business registration process in Nigeria.

He said the registrar-general had shown commitment to ensure every entrepreneur could formalise their business efficiently.

Mr Nwabufo said this would contribute to the nation’s economic growth and development.

In May, Mr Magaji stated that PoS agents of major fintech companies in Nigeria, including OPay, Palmpay, and Moniepoint, must register their businesses by July 7.

CAC has stated that it treats at least 15,000 applications daily, including on weekends, for its fintech regularisation programme. 

(NAN)