Ahead of the deadline for mandatory registration of businesses with the Corporate Affairs Commission, the agency’s ambassador, Michael Nwabufo, has urged point-of-sale agents and small businesses to promptly comply.

Nwabufo, a talent and brand manager, who appealed in a statement in Lagos recently, said that business owners must steer clear of anything that could complicate their business operations at the expiration of the window for registration.

Stressing the importance of the deadline that is five days away, Nwabufo urged businesses to make use of the CAC Special Registration Portal or the PCCSIGN platform to register.

He 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 point-of-sale agents, to register via the SRP. This formal registration not only provides legal recognition but also enhances credibility and opens up opportunities for growth.”

He stated that the SRP had a user-friendly interface, while the registration and approval times were also significantly reduced.

He added that the CAC had also partnered with the Practitioners of Content Creating, Skit-making, and Influencers Guild platform to further ease the process and remove all complications.

Nwabufo noted that the PCCSIGN platform also offered a registration platform tailored to the needs of the community.

He declared that PCCSIGN provided 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,” he stated.

In May, the Registrar-General of the CAC, Hussaini Magaji, (SAN), directed PoS agents of major fintech companies in Nigeria, including OPay, Palmpay, and Moniepoint, to register their businesses by July 7.

According to the CAC, it is processing about 15,000 applications daily, including on weekends, for its fintech regularisation programme.