The Corporate Affairs Commission (CAC) has removed more than 400,000 inactive and non-compliant companies from Nigeria’s official companies register in 2025, as part of efforts to strengthen transparency and protect the integrity of corporate records.
According to the News Agency of Nigeria (NAN), the Registrar-General of the commission, Hussaini Magaji, disclosed this on Saturday in Abuja during a “Celebration Walk” organised by the CAC.
Magaji said the large-scale deregistration was aimed at cleaning up the commission’s database by eliminating companies that no longer meet statutory requirements or have ceased operations.
“In 2025 alone, the commission de-registered over 400,000 companies,” he said, adding that the move was necessary to safeguard the credibility of Nigeria’s national companies register.
The CAC boss also highlighted the commission’s transition from a manual, location-based registry to a fully digital, end-to-end corporate registration system, allowing Nigerians both at home and in the diaspora to access services seamlessly.
According to him, the digital reforms have significantly improved the ease of doing business in the country, as entrepreneurs can now register businesses remotely without physically visiting any CAC office.
“Today, CAC provides services anywhere, anytime and 24 hours a day. You can register your business from your room without coming to our offices,” Magaji said.
He added that the reforms have boosted confidence in Nigeria’s business environment and enhanced transparency and efficiency in corporate regulation.
