Corporate Affairs Commission Introduces New Rules for Business Name Updates

The Corporate Affairs Commission (CAC) has rolled out stricter requirements for individuals seeking to update their Business Name records online, a policy the agency says is now in full effect.

In an announcement shared on its official 𝕏 page on Wednesday, December 10, the commission revealed that applicants will be required to submit more detailed personal and contact information.

The move, according to CAC, is designed to strengthen its verification system and improve the accuracy of its business registry.

Under the revised rules, anyone requesting a Business Name Online Update must now provide the following:

* Date of birth

* Registered office email address

* Proprietor’s personal email address

* A phone number for the registered office or proprietor (or both, if different)

* A valid means of identification

The commission explained that these additions are part of ongoing reforms aimed at boosting record integrity, curbing fraudulent filings, and ensuring smoother communication channels between the CAC and business owners.

According to reports, the new measures will help the commission streamline its database, simplify compliance checks, and provide more secure services for entrepreneurs across Nigeria.

Business owners were advised to follow the updated guidelines carefully to prevent delays in processing their requests.

Also Read: EFCC Detains Former AGF Abubakar Malami Over Terrorism Financing and Abacha Loot

Over the past few years, the CAC — the statutory body responsible for registering and regulating companies and business names in Nigeria — has continued to modernise its operations.

The agency has moved extensively from manual paperwork to a digital-first platform, making registrations and updates faster and more accessible.

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