POS agents, businesses told to avoid delay in CAC registration

Michael Nwabufo (aka Mike Premium), the Ambassador for the Corporate Affairs Commission (CAC), on Tuesday urged Point of Sales (POS) agents and small business to avoid delay in meeting the July 7 deadline for CAC registration.

Nwabufo, a talent and brand manager, made the appeal in a statement in Lagos on Tuesday.

He said that business owners must steer clear off anything that could complicate their business operations at the expiration of the window for registration.

Stressing the importance of the deadline which is five days away, Nwabufo urged businesses to make use of the CAC Special Registration Portal (SRP) or the PCCSIGN platform (www.pccsign.org.ng) to register.

He described SRP as an innovative solution designed to streamline and accelerate business registration 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 (POS) agents, to register via the SRP.

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

He said that the SRP had user-friendly interface while the registration and approval times were also 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,” the ambassador added.

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

Nwabufo said that PCCSIGN platform also offerred a registration platform tailored to the needs of the community.

He said 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.

“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,” Nwabufo said.

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

The ambassador commended the Registrar-General of CAC, Hussaini Magaji (SAN) and the CAC team for the unveiling of the SRP.

He said the initiative represented a pivotal step in modernising the business registration process in Nigeria.

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

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

Recall that in May, the Registrar-General of the CAC, Hussaini Magaji, stated that Point of Sales (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 is treating no less than 15,000 applications daily, including on weekends, for its fintech regularisation programme.