Michael Nwabufo (aka Mike Premium), the Ambassador for the Corporate Affairs Commission (CAC), has urged Point of Sales (POS) agents and small business owners to meet the July 7 deadline for CAC registration to avoid complications in their business operations.

In a statement issued in Lagos on Tuesday, Nwabufo, a talent and brand manager, emphasized the importance of timely registration, noting that only five days remain before the deadline.

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He advised business owners to utilize the CAC Special Registration Portal (SRP) or the PCCSIGN platform (www.pccsign.org.ng) to complete their registrations.

“The SRP is an innovative solution designed to streamline and accelerate business registration in Nigeria,” Nwabufo said.

“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 POS agents, to register via the SRP.

Formal registration not only provides legal recognition but also enhances credibility and opens up opportunities for growth.”

Nwabufo highlighted the SRP’s user-friendly interface and reduced registration and approval times, making it accessible to users with varying levels of technological proficiency.

Additionally, he mentioned that the CAC has partnered with the Practitioners of Content Creating, Skit-making, and Influencers Guild (PCCSIGN) platform to further ease the 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,” he reiterated.

“The public can register by visiting the Special Registration Portal or the PCCSIGN platform (www.pccsign.org.ng) and following the provided instructions. Support teams are available to assist with any questions or challenges.”

Nwabufo praised the Registrar-General of the CAC, Hussaini Magaji (SAN), and the CAC team for unveiling the SRP, calling it a pivotal step in modernizing Nigeria’s business registration process.

He noted the Registrar-General’s commitment to ensuring that every entrepreneur can efficiently formalize their business, contributing to the nation’s economic growth and development.

Recall that in May, the Registrar-General announced that POS agents of major fintech companies, including OPay, Palmpay, and Moniepoint, must register their businesses by July 7.

The CAC is currently processing no less than 15,000 applications daily, including on weekends, as part of its fintech regularization program.